Housing in Otsego, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$473,745
Median List Price
$487,230
Price Per Sq Ft
$178
Days on Market
46
Active Inventory
82
Months of Supply
5.5
Balanced market
Zillow Home Value
$414,334
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
15.0%
Sale-to-List Ratio
98.5%
Buyer's market
Market Activity
Source: RedfinHomes Sold
15
New Listings
36
Pending Sales
20
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$178
Median List $/SF
$194
Otsego vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 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
$367,200
Median Rent
$1,696
Total Housing Units
7,240
Vacancy Rate
2.3%
Owner Occupied
91.2%
Renter Occupied
8.8%
Median Property Tax
$3,658
per year
Monthly Cost (w/ Mortgage)
$1,940
Housing Types
The current median sale price in Otsego, MN is $473,745 according to Redfin data. Homes spend a median of 46 days on the market. 0.0% of homes sold above asking price. The market has 5.5 months of supply. The median price per square foot is $178. The median rent is $1,696 per month (Census ACS). About 91.2% of housing units are owner-occupied. The median year homes were built is 2007. There are 7,240 total housing units.