Housing in Otsego, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$187,500
Median List Price
$217,750
Price Per Sq Ft
$140
Days on Market
19
Active Inventory
5
Months of Supply
0.6
Seller's market
Zillow Home Value
$259,019
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
25.0%
Off Market in 2 Weeks
20.0%
Sale-to-List Ratio
100.1%
Seller's market
Market Activity
Source: RedfinHomes Sold
8
New Listings
4
Pending Sales
5
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$140
Median List $/SF
$174
Otsego vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Otsego is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$155,500
Median Rent
$1,133
Total Housing Units
1,646
Vacancy Rate
3.4%
Owner Occupied
72.2%
Renter Occupied
27.8%
Median Property Tax
$2,437
per year
Monthly Cost (w/ Mortgage)
$1,016
Housing Types
The current median sale price in Otsego, MI is $187,500 according to Redfin data. Homes spend a median of 19 days on the market. 25.0% of homes sold above asking price. The market has 0.6 months of supply. The median price per square foot is $140. The median rent is $1,133 per month (Census ACS). About 72.2% of housing units are owner-occupied. The median year homes were built is 1956. There are 1,646 total housing units.