Otisville, MI 48463 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Otisville, MI—48463

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$231,000

8.0% YoY Growth

Household Income

$69,900

19.7% YoY Growth

Days on Market

45.0% Longer YoY

Home Price Forecast

2.8%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Otisville, MI

As of Dec '25, the median home price in Otisville, MI is $231,000, with a year-over-year change of 8.0%. This indicates that home prices in Otisville, MI are increasing. According to Zillow, the 1-year price projection is 2.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$231,000	8.0%
Single Family	$231,000	8.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Otisville, MI

Otisville, MI lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio 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
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

19.6%

2 Bedrooms

49.7%

3 Bedrooms

23.3%

4 Bedrooms

7.4%

Property Listings — Otisville, MI

As of Dec '25, Realtor.com reports that the median days on market for a home in Otisville, MI is 44. This is a increase of 22.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 53.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$209,000	-6.0%
Listing Count	10	39.0%
Listings as % of Homes	0.5%	39.0%
Days on Market	57	45.0%

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Demographics — Otisville, MI

As of the latest ACS Survey released in 2023, Otisville, MI has a population of 4,540, which has increased by 1.2% over the past 5 years. Otisville, MI is a moderately popular place for families, as children make up 21.0% of the population. The area has a poorly educated workforce, with 18.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	4,540	1.2%
% Under 18	21.0%	3.4%
% Seniors	25.4%	23.9%
% WFH	6.9%	56.8%
% w/ College Degree	18.1%	32.1%

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As of the latest ACS Survey released in 2023, Otisville, MI is a predominantly white area, with 91.5% of the population identifying as white. The white population has shrunk by 3.8% in the last 5 years. The second most common race or ethnicity in Otisville, MI is hispanic, making up 4.1% of the population. Foreign-born residents account for 0.5% of the population in Otisville, MI, and this percentage has decreased by 73.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	91.5%	-3.8%
% Black	1.2%	1,100.0%
% Hispanic	4.1%	215.4%
% Asian	0.0%	-100.0%
% Foreign Born	0.5%	-73.7%

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Mortgage and Risk — Otisville, MI

According to HUD data as of 2023, there were 94 mortgage originations in Otisville, MI, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Otisville, MI. Investor activity is low, as 0.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	94
% Conventional Loans	86.0%
% Government Loans	14.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — Otisville, MI

Otisville, MI lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	3
Total Units Section 8	3
% Rentals under Section 8	1.2%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$920
2 Bedroom	N/A	N/A	$1,170
3 Bedroom	N/A	N/A	$1,440
4 Bedroom	N/A	N/A	$1,550

Otisville, MI—48463

Key Metrics at a Glance

Home Price Trends — Otisville, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Otisville, MI

% of Rental Stock

Property Listings — Otisville, MI

Demographics — Otisville, MI

Race and Ethnicity

Mortgage and Risk — Otisville, MI

Mortgages

Rentals and Section 8 — Otisville, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Otisville, MI

Home Price to Income Ratio

Otisville, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Millington, MI

Genesee

Otter Lake, MI

Davison, MI

Columbiaville, MI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.8
Median Home Price	$231,000
Median Household Income	$69,900

Otisville, MI—48463

Key Metrics at a Glance

Home Price Trends — Otisville, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Otisville, MI

% of Rental Stock

Property Listings — Otisville, MI

Demographics — Otisville, MI

Race and Ethnicity

Mortgage and Risk — Otisville, MI

Mortgages

Rentals and Section 8 — Otisville, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Otisville, MI

Home Price to Income Ratio

Otisville, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Millington, MI

Genesee

Otter Lake, MI

Davison, MI

Columbiaville, MI

Frequently Asked Questions

What is the average home price in Otisville, MI 48463?

How have home prices in Otisville, MI 48463 changed over the past year?

What is the home price projection for Otisville, MI 48463?

What are the demographics of Otisville, MI 48463?

How long does it take homes to sell in Otisville, MI 48463?

What is the average rent price in Otisville, MI 48463?