Housing Prices in Otto Township, MI

How much do homes in Otto Township, MI cost?

Median List Price

$315,000

$184/sqft

Based on all homes listed in the last 12 months.

Difference Since September 2023

+$135,100(+75.1%)

Key Takeaway

The list price of homes in Otto Township has increased by 75.1% since last year.

Summary: The median home list price in Otto Township was $315,000 in September 2024, up 75.1% from the previous year, and the median price per square foot was $184.

Median List Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $299.9K-
N/A
2 $58.9K$324.9K
+451.7%
3 $300K$300K
0.0%
4 $189.9K$259.9K
+36.9%
5+ -$449K
N/A

Summary: Otto Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 451.7%, 3 bedroom homes did not change, 4 bedroom homes increased by 36.9%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Otto Township
+75.1%
Ferry Township
+17.8%
Newfield Township
+17.5%
Holton
+4.5%
Greenwood Township
-4.3%

Housing Supply in Otto Township, MI

How many homes are available in Otto Township, MI?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
45+25.0%

Summary: The Otto Township real estate market had 5 homes for sale in September 2024, a 25.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 13
+200.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Otto Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 200%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Otto Township, MI

How long does it take to sell a home in Otto Township, MI?

Average Listing Age

Sep 2023Sep 2024CHANGE
71 Days62 Days-12.2%

Summary: Homes in Otto Township had an average listing age of 62 days in Sep 2024, down by 12.2% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

Newest Listings in Otto Township, MI

Nearby Markets to Otto Township, MI