Is Otto, WY 82434 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Otto is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.2Under 4 months = seller’s market

Sold above original list0%Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market135Listing to accepted offer

Median price per sq ft$654

The Otto housing market right now

In the three months ending August 31, 2026, 0% of homes in Otto, WY 82434 sold above their list price, the typical home went under contract in 135 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, these figures can swing a lot from month to month.

Within Big Horn County, homes here sell more slowly than in 57% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

About the area

Big Horn County, WY

Population	122
Average income	$43,448
Owner-occupied	100% of homes
Median year built	1969

Natural hazard riskWinter storms (relatively high), wildfire (moderate), earthquakes (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 82434; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 82434

Prefilled for 82434Can I win this house?Multiple-offer likelihood for a listing Prefilled for 82434Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Basin 82410Balanced $155 /sq ft Burlington 82411Seller’s market $146 /sq ft Byron 82412 — /sq ft Cowley 82420Buyer’s market $187 /sq ft Browse all markets →

Where Otto is

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Questions about Otto real estate

Is Otto a buyer’s or seller’s market?

A seller’s market: there were 3.2 months of supply in Otto, WY 82434 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 Otto?

The typical home went under contract in 135 days in the latest three months.

Do homes in Otto sell over asking?

0% of homes sold above their original list price.

What are property taxes in Otto?

About 0.55% of a home’s value a year in Big Horn County, or roughly $2,200 on a $400,000 home.

What is the median home price in Otto?

The median sale price was $889,615 in the three months ending August 31, 2026, about $654 per square foot.

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More tools for 82434

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Big Horn County property taxes Big Horn County loan limits Closing costs in Wyoming Hottest ZIP codes in Wyoming

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology