Market Overview
Home Prices in Otisco, IN
The median home value in Otisco, IN is $310,738 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.1% compared to a year ago and up 5.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Otisco are priced24% below average. Otisco is part of the Louisville/Jefferson County, KY-IN metro area.
Over the past five years, Otisco home values have risen by approximately27.1%, reflecting strong long-term appreciation in this market.
Price History
Otisco Home Price Trend
City Comparison
Otisco vs. National Median
At $310,738, homes in Otisco cost 24% below the national median of $410,000. This makes Otisco a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Otisco?
20% Down Payment
$62,148
on $310,738
Monthly P&I
$1,621/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,059/mo
incl. taxes & insurance
Income Needed
$82,360
gross annual (30% rule)
10% Down Option
$31,074
+ PMI applies
Loan Amount (20% dn)
$248,590
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 Otisco, IN?
The median home value in Otisco is $310,738 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.1% year-over-year.
How much have home prices changed in Otisco?
Over the past year, home values in Otisco have increased by 4.1%. Over five years, prices have risen approximately 27.1%.
How much do I need to earn to buy a home in Otisco?
To comfortably afford the median home price of $310,738 with a 20% down payment ($62,148) at today's rates (6.8%), you'd need a gross annual income of approximately $82,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Otisco compare to the national average home price?
The national median home value is approximately $410,000. At $310,738, homes in Otisco are 24% below the national average.
What metro area is Otisco part of?
Otisco is part of the Louisville/Jefferson County, KY-IN metropolitan area. Home prices and market conditions can vary across the broader metro region.