Otis, CO Real Estate
According to census data in the year 2000 there were 251 housing units in Otis.
This represents a 0.8% growth from 249 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 251 were located in what is classified as a rural area.
Homeownership rate in Otis is about 78.4%.
Otis's vacancy rate, including seasonal lodging, is about 11.6%.
Average household size is 2.42 people.
The majority of houses, apartments or condos in Otis were built after 1948.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 7.60% |
| Two Bedrooms | 43% |
| Three Bedrooms | 25.50% |
| Four Bedrooms | 14.30% |
| Five Bedrooms or more | 8.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.47 |
| Median year structure was built | 1948 |
| Median Value of occupied units | $55,700 |
| Median Price asked for vacant units | $72,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.23 |
| Median year structure was built | 1949 |
| Median Monthly Rent asked for vacant units | $313 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.90% |
| Home Equity Loan | 1.40% |
| Simple Mortgage | 39.90% |
| Debt Free | 55.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.9% |
