Otter Lake, MI—48464
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$227,000
2.2% YoY Growth
Household Income
$64,500
13.4% YoY Growth
Days on Market
53
8.0% Shorter YoY
Home Price Forecast
3.1%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
Home Price Trends — Otter Lake, MI
As of Dec '25, the median home price in Otter Lake, MI is $227,000, with a year-over-year change of 2.2%. This indicates that home prices in Otter Lake, MI are increasing. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $227,000 | 2.2% |
| Single Family | $227,000 | 2.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |