Housing Prices in Otto Township, MI
How much do homes in Otto Township, MI cost?
Median List Price
$179,900
$102/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in Otto Township has decreased by 16.3% since last year.
Summary: The median home list price in Otto Township was $179,900 in April 2024, down 16.3% from the previous year, and the median price per square foot was $102.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $299.9K | - | N/A |
| 2 Bedrooms | $58.9K | $279.9K | +375.2% |
| 3 Bedrooms | $280K | $169.9K | -39.3% |
| 4 Bedrooms | $189.9K | $144.8K | -23.7% |
| 5+ Bedrooms | - | $449K | N/A |
Summary: Otto Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 375.2%, 3 bedroom homes decreased by 39.3%, 4 bedroom homes decreased by 23.7%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Greenwood Township | $169.9K | $282.5K | +66.3% |
| Newfield Township | $159.9K | $230K | +43.8% |
| Ferry Township | $192.2K | $274.4K | +42.8% |
| Holton | $150K | $189.9K | +26.6% |
| Otto Township | $214.9K | $179.9K | -16.3% |
Housing Supply in Otto Township, MI
How many homes are available in Otto Township, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Summary: The Otto Township real estate market had 1 homes for sale in April 2024, a 50.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Otto Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Days on Market for Otto Township, MI
How long does it take to sell a home in Otto Township, MI?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 102 Days | 13 Days | -87.3% |
Summary: Homes in Otto Township had an average listing age of 13 days in Apr 2024, down by 87.3% compared to the previous year.
