Otho, IA housing market
The typical Otho home is worth about $129,000, down 3.2% in a year, 46% below the Iowa typical home.
Home values, sales, trends and how Otho compares with the towns next door — updated as new data is published.
Otho at a glance
Typical home value, 2017–2026
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| January | Otho | Iowa |
|---|---|---|
| 2018 | $91,000 | $152,000 |
| 2019 | $94,000 | $159,000 |
| 2020 | $101,000 | $167,000 |
| 2021 | $111,000 | $179,000 |
| 2022 | $121,000 | $195,000 |
| 2023 | $129,000 | $211,000 |
| 2024 | $127,000 | $218,000 |
| 2025 | $128,000 | $228,000 |
| 2026 | $128,000 | $236,000 |
| August 2026 | $129,000 | $240,000 |
2 new homes permitted in 2025
Builders were permitted 2 new homes in Otho in 2025, all single-family houses. Over the past 10 years, Otho has permitted 7 homes in all.
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| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 2 | 2 | 0 | $683,000 |
| 2025 | 2 | 2 | 0 | $683,000 |
| 2024 | 1 | 1 | 0 | $321,000 |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 2 | 2 | 0 | $423,000 |
| 2016 | 2 | 2 | 0 | $418,000 |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 1 | 1 | 0 | $75,000 |
| 2013 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $920
HUD's Fair Market Rent for a two-bedroom in Otho is $920 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Otho pay a median of $665, so moving in tends to cost more than staying put.
Studio $700 · 4 bedrooms $1,540
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (50569; Webster County, IA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Otho
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.