Otsego Real Estate Market

Otsego Market

The median sale price for homes in Otsego over the last 12 months is $146,900.


The median mortgage debt is $146,463.

Additional Statistics for Single Family Homes and Condos in Otsego, MN
$186,470
Median Listing Price
54
Median Days on Market
92
Active Listings
32.6%
Distressed Listings
(foreclosures and short sales)
Otsego, MN Price Trends - Sold vs. Listed
The median list price in May for single family homes in Otsego is $198,900. The list prices dropped by -0.5% from the previous month.

The price per square foot for listings in this area is $105.

The median sale price in December for single family homes is $139,970. The sale prices dropped by -18.8% from the previous month.

The price per square foot for sales in this area is $101.

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Otsego, MN Market Inventory Trends

The number of active listings in Otsego dropped by 9% from the previous month.

The median number of days active properties have been listed is 58. This is significantly shorter than the national average.

The number of sales in December dropped by 12.5% from the previous month.

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Otsego, MN Property Ownership

The percent of unoccupied properties is very low in Otsego. It is -9.99% below the national average.

The percent of owner occupied properties in Otsego is 27.77% above the national average.

The percent of rental properties in Otsego is 14.98% below the national average.

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