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Otsego Home Values and Market Report

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Report prepared by Rosietherealtormi.com Khoury Real Estate LLC.

Market at a glance

Over the last 12 months, homes sold for 766289.3% of list price in 25 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $290K Sold · $290K
$340K$300K$260K$220K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 15 sales in Jul. Last month: 7.

Where the market stands

All homes in this report, by status.

185homes
Active31 · 17%
Under contract19 · 10%
Sold (12 mo)135 · 73%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

2.7months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$282K
Under contract$284K
Sold$285K

Average days on market

Active136 days
Under contract34 days
Sold25 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 31
Average list price $281,925
Avg. days on market 136 days
Avg. price per ft² $191 Based on 18 of 31 homes
Avg. living area 1,788 ft² Based on 18 of 31 homes
Avg. beds / baths 3.1 / 1.9

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

13 homes didn’t report living area and aren’t shown.

$1.5M$1M$500K$0

Price vs. living area: 18 homes plotted, up to $1.5M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

13 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

722 River Road$363
478 19th Street$266
1958 Cygnet Drive$256
420 S Grant Street$234
8730 B Avenue$233
1753 106th Avenue$212
409 E Orleans Street$193

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
8730 B AvenueOtsego, MI 49078 434,717$1,100,000$233135 days
722 River RoadOtsego, MI 49078 421,924$699,000$363321 days
V/L 116th AvenueOtsego, MI 49078 ———$665,000—52 days
425 Walden DriveOtsego, MI 49078 432,379$449,900$18926 days
904 Eley StreetOtsego, MI 49078 333,056$369,000$12012 days
1671 Aspen TrailsOtsego, MI 49078 431,882$359,900$19119 days
409 E Orleans StreetOtsego, MI 49078 421,806$349,900$19352 days
1656 Aspen TrailsOtsego, MI 49078 431,830$349,900$19163 days
1958 Cygnet DriveOtsego, MI 49078 231,362$349,900$25676 days
1674 Aspen TrailsOtsego, MI 49078 422,072$344,900$1667 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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