Otsego County, MI Real Estate & Property Data

Otsego County Real Estate Market Trends
Last Updated: April 27, 2024

With up-to-date real estate data get detailed insight into Otsego County, MI sourced from the nation’s leading property data provider. The current median home price in Otsego County, MI is $174,950. Otsego County real estate data shows that there have been a total of 549 residential properties sold over the past 12 months. ATTOM’s Otsego County real estate data indicates that the county has 1 properties in foreclosure and 2 REOs (real estate bank owned) properties.

Otsego County Real Estate Market Trends
Total Residential Properties 14,134
Total Commercial Properties 1,729
Avg. Home Age (Single Family Home) N/A
Avg. Square Feet (Single Family Home) N/A
Total 2024 Residential Sales (year-to-date) 64
% of Homes Seriously Underwater (Q2 2024) 1.24%
Total 2023 Residential Sales 508
% of Equity Rich Homes (Q2 2024) 29.1%
Effective 2023 Property Tax 0.75%
Total Foreclosure Filings (year-to-date) 1
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Otsego County, MI Real Estate Overview

There were 549 residential properties sold in the past year in Otsego County, MI. The median home value in Otsego County, MI is $218,451. There are a total of 14,134 residential properties in the Otsego.

Median Sales Price i
$174,950
(Feb 2024)
-16.9%
year-over-year
y-o-y
  • February '24 Feb '24 $174,950
  • January '24 Jan '24 $164,500
  • December '23 Dec '23 $224,500
  • November '23 Nov '23 $207,500
  • October '23 Oct '23 $238,000
  • September '23 Sep '23 $233,000
  • August '23 Aug '23 $236,000
  • July '23 Jul '23 $250,000
  • June '23 Jun '23 $209,500
  • May '23 May '23 $305,000
  • April '23 Apr '23 $270,000
  • March '23 Mar '23 $167,475
Median Down Payment i
$29,437
(Feb 2024)
-15.9%
year-over-year
y-o-y
  • February '24 Feb '24 $29,437
  • January '24 Jan '24 $19,750
  • December '23 Dec '23 $39,800
  • November '23 Nov '23 $41,500
  • October '23 Oct '23 $30,000
  • September '23 Sep '23 $27,500
  • August '23 Aug '23 $50,000
  • July '23 Jul '23 $32,150
  • June '23 Jun '23 $25,000
  • May '23 May '23 $22,000
  • April '23 Apr '23 $19,600
  • March '23 Mar '23 $34,947
Number of Homes Sold i
35
(Feb 2024)
+52.2%
year-over-year
y-o-y
  • February '24 Feb '24 35
  • January '24 Jan '24 29
  • December '23 Dec '23 35
  • November '23 Nov '23 37
  • October '23 Oct '23 74
  • September '23 Sep '23 70
  • August '23 Aug '23 61
  • July '23 Jul '23 38
  • June '23 Jun '23 47
  • May '23 May '23 42
  • April '23 Apr '23 31
  • March '23 Mar '23 27
Number of Purchase Loans i
22
(Feb 2024)
+57.1%
year-over-year
y-o-y
  • February '24 Feb '24 22
  • January '24 Jan '24 15
  • December '23 Dec '23 26
  • November '23 Nov '23 24
  • October '23 Oct '23 50
  • September '23 Sep '23 49
  • August '23 Aug '23 49
  • July '23 Jul '23 22
  • June '23 Jun '23 27
  • May '23 May '23 27
  • April '23 Apr '23 22
  • March '23 Mar '23 18
Number of REFI Loans i
32
(Feb 2024)
+33.3%
year-over-year
y-o-y
  • February '24 Feb '24 32
  • January '24 Jan '24 28
  • December '23 Dec '23 27
  • November '23 Nov '23 29
  • October '23 Oct '23 41
  • September '23 Sep '23 44
  • August '23 Aug '23 57
  • July '23 Jul '23 51
  • June '23 Jun '23 43
  • May '23 May '23 41
  • April '23 Apr '23 35
  • March '23 Mar '23 36

Otsego County, MI Real Estate Market Overview

Last 30 days
  • City
    Median Est. Value
  • City
    Median Est. Value
  • City
    Median Est. Value

Otsego County, MI Foreclosure Activity

There were a total of 1 Otsego County, MI properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 1 Otsego County, MI properties and repossessed 2 Otsego County, MI properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
1
(Feb 2024)
-66.7%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 N/A
  • December '23 Dec '23 2
  • November '23 Nov '23 4
  • October '23 Oct '23 4
  • September '23 Sep '23 N/A
  • August '23 Aug '23 3
  • July '23 Jul '23 N/A
  • June '23 Jun '23 2
  • May '23 May '23 N/A
  • April '23 Apr '23 1
  • March '23 Mar '23 5
Foreclosure Starts i
1
(Feb 2024)
-66.7%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 N/A
  • December '23 Dec '23 2
  • November '23 Nov '23 4
  • October '23 Oct '23 4
  • September '23 Sep '23 N/A
  • August '23 Aug '23 3
  • July '23 Jul '23 N/A
  • June '23 Jun '23 2
  • May '23 May '23 N/A
  • April '23 Apr '23 1
  • March '23 Mar '23 5
Completed Foreclosures (REOs) i
2
(Feb 2024)
  • February '24 Feb '24 2
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 2
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 1
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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