Otsego County, MI Home Values & Market Trends
The median home price in Otsego County, MI is $285,000. There were 562 home sales in Otsego County, MI over the past 12 months. The median residential Otsego County, MI home value for transactions over the previous year is $235,000. The number of current listings in Otsego County, MI is 428, and the percentage of properties for sale is 428.00%. The county has 8 foreclosures, 2 bank owned properties, 6 headed for auction, and 428 properties for sale.
Otsego County, MI Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Gaylord | $ 303,729 $ 159/sqft | Vanderbilt | $ 221,929 $ 147/sqft |
| Elmira | $ 283,091 $ 192/sqft | Waters | $ -- $ -- |
| Johannesburg | $ 237,243 $ 164/sqft |
Housing Market Summary for Otsego County, MI
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $255K | $299.9K | 17.63% |
| Median Sold Price | $208.1K | $209.9K | 0.86% |
| Homes For Sale | 228 | 413 | 81.14% |
| Homes Sold | 197 | 289 | 46.70% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Otsego County, MI
Browse Homes in Otsego County, MI
Otsego County, MI home values range from $24,558 to $1,900,000. Johannesburg is the priciest city with a median listing home price of $330,000, and Elmira is most affordable with average house prices of around $264,900.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Otsego County, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 5 cities within Otsego County, MI; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Otsego County, MI ranges from the highest value of $243,501 in Gaylord to the lowest value of $132,835 in Elmira. Bank owned homes and properties account for 0.27% of properties in Otsego County, MI. There are 5 cities within Otsego County, MI; Gaylord containing 2 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsVanderbilt has 3 auction properties, the highest number of properties going to auction in a single city in the state of Otsego County, MI. Auction homes and other auction properties account for 0.81% of all properties in Otsego County, MI. There are 5 cities within Otsego County, MI; of those cities, the median estimated home value for homes going to auction ranges from $255,000 in Gaylord to the lowest value of $121,901 in Gaylord.
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Guide for Otsego County, MI
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
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