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Otsego Home Values and Market Report

Search in the school district of Otsego

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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 97.9% 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 · $311K Sold · $310K
$400K$340K$280K$220K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 20 sales in Jul. Last month: 13.

Where the market stands

All homes in this report, by status.

262homes
Active47 · 18%
Under contract26 · 10%
Sold (12 mo)189 · 72%

Buyer's or seller's market?

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

2.8months of inventory
Seller's, under 4BalancedBuyer's, over 6

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

Average price by status

Active$352K
Under contract$357K
Sold$306K

Average days on market

Active126 days
Under contract39 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 47
Average list price $351,938
Avg. days on market 126 days
Avg. price per ft² $191 Based on 28 of 47 homes
Avg. living area 2,260 ft² Based on 28 of 47 homes
Avg. beds / baths 3.4 / 2.6

Price vs. living area

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

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

$3M$2M$1M$0

Price vs. living area: 28 homes plotted, up to $3M and 9,000 ft².

0 ft²3,0006,0009,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

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

Highest price per ft²

Top 7 homes in this status.

722 River Road$363
9157 Highland View Drive$351
10463 W H Avenue$334
478 19th Street$266
1958 Cygnet Drive$256
8730 B Avenue$233
9622 Big Rock Drive$226

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
10463 W H AvenueKalamazoo, MI 49009 588,664$2,900,000$33487 days
8730 B AvenueOtsego, MI 49078 434,717$1,100,000$233145 days
9157 Highland View DriveKalamazoo, MI 49009 542,701$950,000$35136 days
6462 Bayfield DriveKalamazoo, MI 49009 544,156$729,000$17565 days
722 River RoadOtsego, MI 49078 421,924$699,000$363331 days
9622 Big Rock DriveKalamazoo, MI 49009 432,714$615,000$2267 days
Lot 20 W H AvenueKalamazoo, MI 49009 ———$500,000—15 days
425 Walden DriveOtsego, MI 49078 432,379$449,900$18936 days
2910 N 5th StreetKalamazoo, MI 49009 332,193$435,000$19842 days
N 3rd StreetKalamazoo, MI 49009 ———$400,000—34 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.

Rosietherealtormi.com Khoury Real Estate LLC.

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