Market Summary

Otis, Hancock County, ME

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Median Home Price Price

$353,008 $353K

Median Monthly Rent Rent

$1,119 $1.1K

GRM

26.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Hancock County

Region Price Rent GRM Display
$456,868 $1,215 31.0x
$580,064 $1,130 43.0x
$282,307 $1,094 22.0x

Home prices

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Monthly rent

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GRM

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Similar markets within ME outside of Hancock County

Region Price Rent GRM Display
$241,480 $1,128 18.0x
$434,510 $1,164 31.0x
$413,066 $1,330 26.0x
$165,796 $1,112 12.0x
$385,574 $1,449 22.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of ME

Region Price Rent GRM Display
$266,774 $1,308 17.0x
$415,320 $1,149 30.0x
$339,613 $1,182 24.0x
$550,640 $1,097 42.0x
$432,110 $1,880 19.0x
$407,517 $1,257 27.0x
$468,968 $1,118 35.0x
$480,186 $1,549 26.0x
$337,265 $877 32.0x
$493,882 $2,204 19.0x
$196,107 $1,235 13.0x
$298,301 $1,099 23.0x
$462,120 $1,771 22.0x
$471,565 $1,107 35.0x
$802,906 $1,147 58.0x
$329,875 $972 28.0x
$300,307 $935 27.0x
$511,049 $1,698 25.0x
$306,141 $1,109 23.0x
$427,694 $2,377 15.0x
$352,534 $1,312 22.0x
$232,704 $1,156 17.0x
$343,573 $841 34.0x
$805,326 $1,208 56.0x
$231,591 $879 22.0x
$307,143 $980 26.0x
$746,678 $1,137 55.0x
$280,548 $1,160 20.0x
$238,285 $1,107 18.0x
$420,200 $1,144 30.0x
$391,772 $1,216 27.0x
$342,097 $953 30.0x
$682,514 $2,110 27.0x
$511,432 $1,208 35.0x
$441,726 $1,466 25.0x

Home prices

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Monthly rent

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GRM

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Otis

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Trend Insights

Median Rent in Otis, ME is $1,119, with MoM change +$7 and YoY change +$31 pointing to positive momentum while volatility is low (std $7).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Otis, ME.

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Metric
Base market Otis, ME
Compare market Select a market
Delta vs base
Median rent
$1,119
N/A
Median price
$353,008
N/A
YoY change
+$31
N/A
Price-to-rent
26.3x
Data unavailable
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