Market Overview
Home Prices in Otway, OH
The median home value in Otway, OH is $149,266 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 13.8% compared to a year ago and up 4.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Otway are priced64% below average. Otway is part of the Portsmouth, OH metro area.
Over the past five years, Otway home values have risen by approximately40.3%, reflecting strong long-term appreciation in this market.
Price History
Otway Home Price Trend
2020
$88,450
$88K
—
2021
$106,427
$106K
+20.3%
2022
$114,256
$114K
+7.4%
2023
$115,734
$116K
+1.3%
2024
$125,175
$125K
+8.2%
2025
$131,165
$131K
+4.8%
2026
$149,266
$149K
+13.8%
City Comparison
Otway vs. National Median
🏠 Otway
$149,266
National Median
$410,000
At $149,266, homes in Otway cost 64% below the national median of $410,000. This makes Otway a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Otway?
20% Down Payment
$29,853
on $149,266
Monthly P&I
$778/mo
30-yr @ 6.8%
Total Monthly Est.
~$988/mo
incl. taxes & insurance
Income Needed
$39,520
gross annual (30% rule)
10% Down Option
$14,927
+ PMI applies
Loan Amount (20% dn)
$119,413
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 Otway, OH?
The median home value in Otway is $149,266 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 13.8% year-over-year.
How much have home prices changed in Otway?
Over the past year, home values in Otway have increased by 13.8%. Over five years, prices have risen approximately 40.3%.
How much do I need to earn to buy a home in Otway?
To comfortably afford the median home price of $149,266 with a 20% down payment ($29,853) at today's rates (6.8%), you'd need a gross annual income of approximately $39,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Otway compare to the national average home price?
The national median home value is approximately $410,000. At $149,266, homes in Otway are 64% below the national average.
What metro area is Otway part of?
Otway is part of the Portsmouth, OH metropolitan area. Home prices and market conditions can vary across the broader metro region.