Otis Housing Market Report February 2025•Berkshire County, Massachusetts

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Housing Prices in Otis, MA

How much do homes in Otis, MA cost?

Housing Market Conditions

Is Otis, MA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Otis is a Seller's Market

Difference Since February 2024

Since last year, Otis has remained a Seller's Market.

Insight

Otis is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$430,000$272/SqFt
-$54,000
-11.2%

Based on all homes sold in the last 12 months

Insight

Homes in Otis have sold for 11.2% less than they did a year ago.

Summary: The median home sold price in Otis was $430,000 in February 2025, down 11.2% from last year, and the median price per square foot was $272.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$265K$139K
-47.5%
2$391.8K$397.5K
+1.4%
3$410K$524.9K
+28.0%
4$570.7K$840K
+47.2%
5-$1.8M
N/A

Summary: Otis housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -47.5%. The home price for 2 bedroom homes increased by +1.4%. The home price for 3 bedroom homes increased by +28.0%. The home price for 4 bedroom homes increased by +47.2%. The home price for 5 bedroom homes did not change.

How does Otis, MA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Otis, MA

Housing supply in Otis, MA

How many homes are available in Otis, MA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
8Last MonthFeb 2025
112 months agoJan 2025
-27.3 %
Change MoMJan – Feb

Summary: The Otis real estate market had 8 homes for sale in Feb 2025, a 27.3 % decrease compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
3Last MonthFeb 2025
32 months agoJan 2025
0.0 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
253
-40.0%
354
-20.0%
411
0.0%
500
0.0%

Summary: Otis housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -40.0%. The inventory for 3 bedroom homes decreased by -20.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Otis, MA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price1 Home

Under Asking Price2 Homes

Insight

If you're buying a home in Otis, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Otis in February 2025, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and and 0% were sold over asking.

Days on Market for Otis, MA

How long does it take to sell a home in Otis, MA?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days1 Home

Over 90 Days2 Homes

Insight

Most homes in Otis are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2025, 3 homes were sold in Otis; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
141 DaysThis YearFeb 2025
147 Days1 year agoFeb 2024
-4.3 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Otis had an average listing age of 141 days in Feb 2025, down by 4.3% compared to the previous year.

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Newest Listings in Otis, MA

What homes are available in Otis, MA?

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MLS Disclaimers and Copyright

Based on information from MLS Property Information Network Inc., and Berkshire County Multiple Listing Service for the period 03/01/2023 - 03/01/2025

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 11:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information from the Berkshire County Board of Realtors, Inc. or it's Multiple Listing Service. Site contains live data. Information herein believed to be accurate, but not warranted. All right, title and interest in the exclusively listed property information represented on this website was created, maintained and copyrighted by the Berkshire County Board of Realtors® and in copyrights therein, hall at all times remain vested in the Berkshire County Board of Realtors®. As a Participant of the Berkshire County Multiple Listing Service, this company was granted a lease to use this information in accordance with all rules and regulations of the Service. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 11:16:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.