Market Overview
Home Prices in Otho, IA
The median home value in Otho, IA is $128,751 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.5% compared to a year ago and up 2.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Otho are priced69% below average. Otho is part of the Fort Dodge, IA metro area.
Over the past five years, Otho home values have risen by approximately15.5%, reflecting steady appreciation in this market.
Price History
Otho Home Price Trend
2020
$103,933
$104K
—
2021
$111,465
$111K
+7.2%
2022
$125,067
$125K
+12.2%
2023
$127,290
$127K
+1.8%
2024
$127,337
$127K
+0.0%
2025
$130,682
$131K
+2.6%
2026
$128,751
$129K
-1.5%
City Comparison
Otho vs. National Median
🏠 Otho
$128,751
National Median
$410,000
At $128,751, homes in Otho cost 69% below the national median of $410,000. This makes Otho a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Otho?
20% Down Payment
$25,750
on $128,751
Monthly P&I
$671/mo
30-yr @ 6.8%
Total Monthly Est.
~$852/mo
incl. taxes & insurance
Income Needed
$34,080
gross annual (30% rule)
10% Down Option
$12,875
+ PMI applies
Loan Amount (20% dn)
$103,001
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Otho, IA?
The median home value in Otho is $128,751 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.5% year-over-year.
How much have home prices changed in Otho?
Over the past year, home values in Otho have decreased by 1.5%. Over five years, prices have risen approximately 15.5%.
How much do I need to earn to buy a home in Otho?
To comfortably afford the median home price of $128,751 with a 20% down payment ($25,750) at today's rates (6.8%), you'd need a gross annual income of approximately $34,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Otho compare to the national average home price?
The national median home value is approximately $410,000. At $128,751, homes in Otho are 69% below the national average.
What metro area is Otho part of?
Otho is part of the Fort Dodge, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.