Market Overview
Home Prices in Otis, KS
The median home value in Otis, KS is $74,854 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9% compared to a year ago and down 5.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Otis are priced82% below average.
Over the past five years, Otis home values have risen by approximately13.6%, reflecting steady appreciation in this market.
Price History
Otis Home Price Trend
2020
$56,006
$56K
—
2021
$65,867
$66K
+17.6%
2022
$70,288
$70K
+6.7%
2023
$66,790
$67K
-5.0%
2024
$72,898
$73K
+9.1%
2025
$68,687
$69K
-5.8%
2026
$74,854
$75K
+9.0%
City Comparison
Otis vs. National Median
🏠 Otis
$74,854
National Median
$410,000
At $74,854, homes in Otis cost 82% below the national median of $410,000. This makes Otis a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Otis?
20% Down Payment
$14,971
on $74,854
Monthly P&I
$390/mo
30-yr @ 6.8%
Total Monthly Est.
~$495/mo
incl. taxes & insurance
Income Needed
$19,800
gross annual (30% rule)
10% Down Option
$7,485
+ PMI applies
Loan Amount (20% dn)
$59,883
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 Otis, KS?
The median home value in Otis is $74,854 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9% year-over-year.
How much have home prices changed in Otis?
Over the past year, home values in Otis have increased by 9%. Over five years, prices have risen approximately 13.6%.
How much do I need to earn to buy a home in Otis?
To comfortably afford the median home price of $74,854 with a 20% down payment ($14,971) at today's rates (6.8%), you'd need a gross annual income of approximately $19,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Otis compare to the national average home price?
The national median home value is approximately $410,000. At $74,854, homes in Otis are 82% below the national average.