Otsego Real Estate Market Report: January 2026
In January 2026, the median sale price in Otsego was $474,900, up 7.9% from a year earlier.
- Median Sales Price
- $474,900
- +7.9% vs. January 2025
- Homes for Sale
- 82
- +2.5% vs. January 2025
- Months Supply
- 2.5
- +0% vs. January 2025
- Seller's market
- Days on Market
- 32
- -31.9% vs. January 2025
- Closed Sales
- 13
- -23.5% vs. January 2025
- Percent of Original List Received
- 96.4%
- +0.8 pts vs. January 2025
What this means
The median sale price has increased by 8% from last year to $474,900.
Homes are selling 15 days more quickly than last year, averaging 32 days on market, and sellers are receiving 96.4% of their original asking price.
The area is currently a seller's market with 2.5 months of supply. Active inventory is up 3% from last year to 82 homes for sale.
In this seller's market, buyers should be prepared to act quickly, while sellers can generally expect strong interest if priced correctly.
Common questions about the Otsego market
Is Otsego a buyer's or seller's market?
Otsego was a seller's market in January 2026, with 2.5 months of supply. Under about 3 months generally favors sellers, 3 to 6 months is considered balanced, and over 6 months favors buyers. There were 82 homes for sale.
How fast are homes selling in Otsego?
Homes that sold in January 2026 spent an average of 32 days on market, 15 days faster than a year earlier. Sellers received 96.4% of their original list price on average.
Are home prices going up in Otsego?
Yes. The median sale price rose 7.9% year over year to $474,900. Price per square foot moved the other way (from $190 to $189), which suggests the change mostly reflects the mix of homes sold.
Market trends in Otsego
| Month | Median sale price | Closed sales | Days on market | Months supply |
|---|---|---|---|---|
| February 2024 | $427,495 | 34 | 63 | 2.3 |
| March 2024 | $422,495 | 36 | 72 | 2.2 |
| April 2024 | $429,900 | 47 | 54 | 2.3 |
| May 2024 | $452,500 | 34 | 45 | 2.1 |
| June 2024 | $410,000 | 40 | 40 | 2.7 |
| July 2024 | $425,000 | 33 | 43 | 2.7 |
| August 2024 | $396,000 | 32 | 34 | 3.1 |
| September 2024 | $364,950 | 30 | 43 | 3 |
| 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 |
How Otsego compares with the Twin Cities region
In January 2026, the median sale price in Twin Cities (16-County Region) was $375,000, up 1.4% from a year earlier.
More to explore
Data: NorthstarMLS Local Market Update via 10K Research, published September 4, 2026.
Report published .
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