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Otsego

Otsego Market Report

$297,835

AVERAGE PRICE OF 32 HOMES

$160,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,750,000

AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES

$243,167

AVERAGE PRICE OF 8 NEWLY BUILT HOMES

$239,900

AVERAGE PRICE OF 1 HOMES WITH A POOL

$325,000

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $297,835
Avg Bedrooms 3.22 beds
Avg Bathrooms 2.47 baths

Average Price by Bedrooms

2 bedrooms $184,623
3 bedrooms $215,906
4 bedrooms $252,325
5 bedrooms $199,900
Otsego Home Price Trends
  6/2020 5/2020 4/2020 3/2020 2/2020
Total Listings 39 31 30 40 45
Average Price $289,244 $309,094 $306,004 $259,476 $254,347
Avg Price Change -6.86% +1.01% +17.93% +2.02% -0.71%
Median Price $224,106 $207,383 $211,606 $173,905 $175,213
Med Price Change +8.06% -2.04% +21.68% -0.75% -8.11%
Avg Bedrooms 3.31 beds 3.36 beds 3.31 beds 3.22 beds 3.32 beds
Avg Bathrooms 2.48 baths 2.45 baths 2.5 baths 2.27 baths 2.29 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 32 $297,835 80 days
Distressed Homes 1 $160,000 53 days
Multi-Million Dollar Homes 1 $2,750,000 268 days
Newly Built Homes 8 $243,167 134 days
Homes with a Pool 1 $239,900 41 days
Reduced Price Homes 1 $325,000 122 days
Berkshire Hathaway HomeServices – Michigan Real Estate - Special Agent Team
Jeff Lee
5839 OAKLAND DR
PORTAGE, MI 49024
269-207-4007

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
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