Otsego Real Estate Market Reports
Published monthly figures and local context for Otsego.
Latest published report
September 2026
In September 2026, the median sale price in Otsego was $480,500, up 5.7% from a year earlier.
The median sale price has increased by 6% from last year to $480,500, and a similar trend in price per square foot suggests this is a real move in values rather than a change in the mix of homes selling.
Homes are averaging 34 days on market, in line with last year, and sellers are receiving 97.6% of their original asking price.
The area is currently a balanced market with 3.8 months of supply. Active inventory is up 7% from last year to 142 homes for sale.
Market trends in Otsego
| Month | Median sale price | Closed sales | Days on market | Months supply |
|---|---|---|---|---|
| October 2024 | $400,000 | 32 | 37 | 2.5 |
| November 2024 | $394,950 | 30 | 56 | 3 |
| December 2024 | $379,900 | 21 | 48 | 2.5 |
| January 2025 | $440,000 | 17 | 47 | 2.5 |
| February 2025 | $415,000 | 20 | 55 | 2.8 |
| March 2025 | $426,995 | 34 | 62 | 3 |
| April 2025 | $442,450 | 44 | 62 | 3.5 |
| May 2025 | $440,500 | 42 | 48 | 3.6 |
| June 2025 | $427,500 | 38 | 48 | 3.4 |
| July 2025 | $456,900 | 35 | 36 | 3.7 |
| August 2025 | $461,500 | 48 | 36 | 3.8 |
| September 2025 | $454,400 | 28 | 34 | 4 |
| October 2025 | $430,000 | 31 | 46 | 3.6 |
| November 2025 | $491,000 | 25 | 48 | 3.2 |
| December 2025 | $449,995 | 30 | 57 | 2.4 |
| January 2026 | $474,900 | 13 | 32 | 2.5 |
| February 2026 | $407,000 | 15 | 132 | 2.9 |
| March 2026 | $438,825 | 31 | 55 | 3.4 |
| April 2026 | $478,990 | 31 | 70 | 3.4 |
| May 2026 | $436,000 | 39 | 58 | 3.5 |
| June 2026 | $475,000 | 65 | 60 | 3.2 |
| July 2026 | $464,900 | 51 | 42 | 3.2 |
| August 2026 | $470,000 | 57 | 29 | 3.3 |
| September 2026 | $480,500 | 36 | 34 | 3.8 |
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Data: NorthstarMLS Local Market Update via 10K Research, published October 12, 2026.