Houses For Sale in Otsego, MI

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Sold By Stevo
Otsego, MI 49078
Market Overview
Market Balance
Balanced
Buyer's
Seller's
Otsego is currenty a
Buyer's Market

In a buyer’s market, there is an overabundance of homes for sale compared to the demand. Buyers have the advantage because sellers will be motivated to negotiate price and terns in order to sell their property.

Area Demographics
Demographic Icon
Total Population
3976
Demographic Icon
Population Density
1,918
/sq mi.
Demographic Icon
Median YEARLY income
$25,302
Demographic Icon
MEDIAN AGE
40
Demographic Icon
COLLEGE EDUCATED
22%
Demographic Icon
Owner/renter divide
71% / 29%
Listing Stats
Average List Price
+23.8%
Since last Year
2014 2014 2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 0 0 200,000 200,000
Number of New Homes on Market
+183.3%
Since last Year
2014 2014 2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 0 0 20 20
Average Sale Price
+14.3%
Since last Year
2014 2014 2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 0 0
Number of Sold Homes
-55.6%
Since last Year
2014 2014 2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 0 0 20 20
Distribution of Listing Price
$0 - $149K $0 - $149K $150K - $299K $150K - $299K $300K - $499K $300K - $499K $500K - $749K $500K - $749K $750K - $999K $750K - $999K $1M+ $1M+ 0 0 10 10
Schools
8
/10
GreatSchools
Rating
Washington Street Elementary School

538 Washington Street, Otsego, MI 49078
Otsego Public Schools·Public·K-5·429 Students
8
/10
GreatSchools
Rating
Dix Street Elementary School

503 Dix Street, Otsego, MI 49078
Otsego Public Schools·Public·K-5·325 Students
6
/10
GreatSchools
Rating
Gilkey Elementary School

707 South Woodhams Street, Plainwell, MI 49080
Plainwell Community Schools·Public·K-5·442 Students
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