Is Otis, MA 01253 a buyer’s or seller’s market?
Otis is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Otis housing market right now
In the three months ending August 31, 2026, 50% of homes in Otis, MA 01253 sold above their list price, the typical home went under contract in 70 days and there were 8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 4 sales, these figures can swing a lot from month to month.
Within Berkshire County, homes here sell more slowly than in 89% of the county’s ZIP codes, and sell more often over asking than in 79%.
Nearby, buyers who want less competition could look at Drury 01343 (0% sold over asking) or Stockbridge 01262 (0% sold over asking), while South Lee 01260 (100% sold over asking) and Dalton 01226 (57% sold over asking) are even more competitive.
Run the numbers for 01253
Nearby markets
Adams 01220Seller’s market $193 /sq ftAshley Falls 01222Seller’s market $238 /sq ftBecket 01223Buyer’s market $258 /sq ftCheshire 01225Seller’s market $175 /sq ft Browse all markets →Where Otis is
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Questions about Otis real estate
Is Otis a buyer’s or seller’s market?
A buyer’s market: there were 8 months of supply in Otis, MA 01253 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Otis?
The typical home went under contract in 70 days in the latest three months.
Do homes in Otis sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 99.0% of the list price.
What are property taxes in Otis?
About 1.32% of a home’s value a year in Berkshire County, or roughly $5,280 on a $400,000 home.
What is the median home price in Otis?
The median sale price was $399,827 in the three months ending August 31, 2026, about $312 per square foot.
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More tools for 01253
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology