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These days, finding an affordable place to live in the Otterville area can be challenging. Home prices in Otterville are now at a median cost of $239,126, lower than the Virginia average of $443,089.
The average cost of rent is $689/mo in Otterville, primarily driven by the current value of real estate in the Otterville area. In Otterville, 16.61% of households rent, and 43.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Otterville is $7,293 per month. Households that rent pay about 9.44% of their income on rent here. Otterville’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Reba, VA: equally priced homes
- Coltons Mill, VA: equally priced homes
- Sedalia, VA: equally priced homes
- Bedford, VA: equally priced homes
- Lowry, VA: less expensive homes
- Charlemont, VA: higher priced homes
- Goode, VA: higher priced homes
- Thaxton, VA: less expensive homes
- Montvale, VA: equally priced homes
- Union, VA: equally priced homes
Cities with Similar Populations
- Isle La Motte, VT: higher priced homes
- Jonesville, KY: equally priced homes
- Jones Mills, PA: less expensive homes
- Jones Creek, VA: less expensive homes
- Johnson, KS: less expensive homes
- Jewell Ridge, VA: less expensive homes
- Jefferson, VA: higher priced homes
- Jacksonville, OH: less expensive homes
- Jacksonville, ME: less expensive homes
- Ivywild, CO: higher priced homes
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