Home prices
The median home in Otego is valued at $140,700. In comparison to the surrounding areas this is approximately $7,700 (5%) higher.It is about $76,800 (35%) lower in comparison to the rest of the country, and it is about $46,300 (49%) higher compared to the city of Syracuse.
Rents
In Otego the median rent is $670 per month. This is about $85 (11%) lower compared to nearby areas.In comparison to the rest of the nation it is approximately $392 (36%) lower, and is roughly $144 (17%) lower compared to the city of Syracuse.
Nearby places
Franklin
Franklin is roughly 3 miles south from Otego. Housing prices there are somewhat more expensive. Franklin's median home cost is $152,200, which comes out to $11,500 (7%) higher than Otego. Rent there is a little more expensive. Franklin's median monthly rent is $809, which is $139 (17%) higher than Otego.
West End
West End is roughly 6 miles northeast of Otego. Real estate prices there are similar. The median home cost in West End is $139,000, which works out to $1,700 (1%) lower than Otego. Rent there is similar. West End's median monthly rent is $699, which works out to $29 (4%) higher than Otego.
Oneonta
Oneonta is roughly 6 miles northeast from Otego. Real estate prices there are a bit more expensive. The median home value in Oneonta is $153,200, which works out to $12,500 (8%) higher than Otego. Rents there are a bit more expensive. In Oneonta the median rent is $879 a month, which is $209 (23%) higher than Otego.
Unadilla
Unadilla is approximately 7 miles southwest from Otego. Real estate prices there are significantly less expensive. The median home in Unadilla costs $87,800, which is $52,900 (60%) lower than Otego. Rent there is a little more expensive. Unadilla's median rent is $714 a month, which works out to $44 (6%) higher than Otego.
Gilbertsville
Gilbertsville is roughly 7 miles northwest of Otego. Its housing prices are a bit less expensive. Gilbertsville's median home value is $132,800, which works out to $7,900 (5%) lower than Otego. Rent there is similar. In Gilbertsville the median rent is $675 a month, which is very similar to Otego.