Otis Orchards, WA Home Values & Market Trends

Real estate market trends reflect that there have been 52 transactions over the past year in Otis Orchards. The median value for residential home transactions that occurred over the previous year is $464,348.58. The number of current listings in Otis Orchards is 14, and the percentage of properties for sale in the city is 14.00%. Otis Orchards, WA currently has 2 properties in foreclosure, 1 bank owned properties, 0 properties headed for auction, and 14 properties for sale.

Otis Orchards, WA Real Estate Market Overview

ZipMedian Est. Value
99027

$ 598,738

$ 248/sqft

Housing Market Summary for Otis Orchards, WA

Apr 2023March 2024Change
Median Listing Price$430K$424.3K-1.33%
Median Sold Price$513.6K$424.3K-17.39%
Homes For Sale81475.00%
Homes Sold313719.35%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Otis Orchards, WA

Otis Orchards home values range from $30,084 to $2,008,240. The median estimated value of a home in Otis Orchards is $464,348.58. The median list price of a home is 630,000, and the total count of properties in the city is 2,141.

Foreclosure
There is 1 zips within Otis Orchards, WA; within this zips, the median estimated home value for homes in foreclosure ranges from $581,224 in 99027 to the lowest value of $399,839 in 99027. Foreclosure homes account for 0.00% of properties in Otis Orchards, WA with 99027 containing 2 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.05% of all residential properties in Otis Orchards, WA with 99027 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Otis Orchards, WA; of that zips, the estimated home value for pre-foreclosure homes ranges from $581,224 in 99027 to the lowest home value of $581,224 in 99027.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Otis Orchards, WA ranges from the highest value of $399,839 in 99027 to the lowest value of $399,839 in 99027. Bank owned homes and properties account for 0.05% of properties in Otis Orchards, WA. There is 1 zips within Otis Orchards, WA; 99027 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Otis Orchards, WA. Auction homes and other auction properties account for 0% of all properties in Otis Orchards, WA. There is 1 zips within Otis Orchards, WA; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.65% of residential properties in Otis Orchards, WA with 99027 containing 14 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Otis Orchards, WA; homes for sale in that zips, have a range of median values from $959,356 in 99027 to the lowest value of $380,000 in 99027.
    Sold Homes
    The median value for recently sold homes ranges from $1,125,404 in 99027 to the lowest price of $115,939 in 99027. There is 1 zips within Otis Orchards, WA. 99027 has 60 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.10% of properties in Otis Orchards, WA.

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      Guide for Otis Orchards, WA

      Market Reports
      Spokane Real Estate Market Shows Stability and Growth in March 2024
      Market Reports
      2023 Seattle Real Estate Market Review
      Home Buying Guides & Tips
      Washington Foreclosure Laws
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      See More Articles
      Spokane Real Estate Market Shows Stability and Growth in March 2024
      Market Reports|posted 4 April 2024

      The Spokane real estate market is dynamic with average home value at $425,000 and per square foot value of $211 as of March 2024.

      2023 Seattle Real Estate Market Review
      Market Reports|posted 12 February 2024

      This blog post examines the ebb and flow of the Seattle real estate market in the past year, providing detailed insights into property values, average sold prices, and market trends in both Seattle and nearby cities. The data provides valuable insights for investors, homeowners, and real estate professionals.

      Washington Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Washington Foreclosure Laws

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Recently Listed Homes Otis Orchards, WA

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