The Otay Ranch housing market is very competitive. Homes in Otay Ranch receive 4 offers on average and sell in around 12 days. The median sale price of a home in Otay Ranch was $810K last month, up 12.9% since last year. The median sale price per square foot in Otay Ranch is $452, up 11.5% since last year.
What is the housing market like in Otay Ranch today?
In March 2024, Otay Ranch home prices were up 12.9% compared to last year, selling for a median price of $810K. On average, homes in Otay Ranch sell after 12 days on the market compared to 29 days last year. There were 79 homes sold in March this year, down from 110 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$810,000
+12.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Otay Ranch, CA
$810,000
+12.9%
United States
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How hot is the Otay Ranch housing market?
Otay Ranch is very competitive. Homes sell in 12 days.
0
100
87
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 12 days.
Hot homes
can sell for about 4% above list price and go pending in around 7 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Otay Ranch housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Otay Ranch.
Risk Factor
Flood Factor - Moderate
5% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Otay Ranch has a moderate risk of flooding. 148 properties in Otay Ranch are likely to be
severely affected
by flooding over the next 30 years. This represents 5% of all properties in Otay Ranch. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
Otay Ranch has a severe risk of wildfire. There are 7,176 properties in Otay Ranch that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in Otay Ranch.