Is Otego, NY 13825 a buyer’s or seller’s market?
Otego is a buyer’s market. With about 16 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Otego housing market right now
In the three months ending August 31, 2026, 0% of homes in Otego, NY 13825 sold above their list price, the typical home went under contract in 159 days and there were 16 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 43%, homes sold more slowly (119 days then) and the median sale price rose 56% to $342,352. Overall, Otego is less competitive than a year ago, which gives buyers more room.
Within Otsego County, homes here sell more slowly than in 95% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, East Worcester 12064 (100% sold over asking) and Morris 13808 (60% sold over asking) are even more competitive.
Run the numbers for 13825
Nearby markets
Burlington Flats 13315Buyer’s market $198 /sq ftCherry Valley 13320Buyer’s market $126 /sq ftCooperstown 13326Buyer’s market $240 /sq ftEast Springfield 13333 — /sq ft Browse all markets →Towns like Otego nearby
Find towns like Otego in other states →Where Otego is
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Questions about Otego real estate
Is Otego a buyer’s or seller’s market?
A buyer’s market: there were 16 months of supply in Otego, NY 13825 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 Otego?
The typical home went under contract in 159 days in the latest three months.
Do homes in Otego sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 95.2% of the list price.
What are property taxes in Otego?
About 1.70% of a home’s value a year in Otsego County, or roughly $6,800 on a $400,000 home.
What is the median home price in Otego?
The median sale price was $342,352 in the three months ending August 31, 2026, about $128 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology