Otoe median home price
The average home price in Otoe is $245,407, ranking #1,423 of 3,071 U.S. counties. Updated monthly and free to explore.
Median home price
$245,407
Ranks #1,423 of 3,071 U.S. counties, in the top 46%.
- vs. national median$234,352Otoe is higher than the U.S. median
- vs. Nebraska median$219,812Otoe is higher than the Nebraska median
What median home price means
The median home value is the typical home price in a market: the midpoint of Zillow's home value index (ZHVI), which tracks a typical home across all types and price tiers. It is updated monthly and smoothed to cut noise, so it is a steadier read of what homes actually cost here than a raw median sale price, which swings with whatever happened to sell that month.
Otoe average home price: common questions
What is the average home price in Otoe?
The average home price in Otoe is $245,407, which ranks #1,423 of 3,071 U.S. counties. Curb Report updates this monthly and it is free to view.
Is the average home price in Otoe above or below the national average?
Otoe is higher than the U.S. median of $234,352, putting it in the top 46% of U.S. counties.
How does Otoe compare with the rest of Nebraska?
Otoe is higher than the Nebraska median of $219,812.
Is the average home price the same as the median home price?
People usually search for the "average home price" in a place, but the number published here is the typical home value from Zillow's ZHVI, which is a median-style measure rather than an arithmetic mean. That is deliberate: a true average is dragged upward by a handful of luxury sales, so it overstates what a normal home costs. For everyday purposes the two answer the same question, and the figure below is the better answer to it.
What does median home price mean?
The median home value is the typical home price in a market: the midpoint of Zillow's home value index (ZHVI), which tracks a typical home across all types and price tiers. It is updated monthly and smoothed to cut noise, so it is a steadier read of what homes actually cost here than a raw median sale price, which swings with whatever happened to sell that month.