Home Values

Otsego Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in Otsego is $145, which is lower than the Minneapolis-St Paul Metro average of $163. The median price of homes currently listed in Otsego is $269,500 while the median price of homes that sold is $175,000. The median rent price in Otsego is $1,195, which is lower than the Minneapolis-St Paul Metro median of $1,275.

Foreclosures will be a factor impacting home values in the next several years. In Otsego 2.4 homes are foreclosed (per 10,000). This is lower than the Minneapolis-St Paul Metro value of 4.0 and also lower than the national value of 4.0

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Relative ZHVI
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Otsego Market Overview

Data through Dec 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $269,500 Median listing price
  • $175,000 Median sale price (Nov 30, 2014)
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Otsego Market Health

Data through Dec 31, 2014
  • No recent data
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.4% US Avg)

Homes foreclosed (per 10,000)

2.4 homes(Oct 31, 2013) Otsego
4 homes Minneapolis-St Paul Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Corcoran $281,600
Rogers $262,500
Hanover $236,700
Name Median ZHVI
Dayton $233,400
Saint Michael $207,900
Ramsey $204,800
Name Median ZHVI
Elk River $194,300
Big Lake $179,800
Albertville $178,100

Listings & Sales

Data through Dec 31, 2014
  • $145 Median list price / sq ft
  • $177 Median sale price / sq ft (Nov 30, 2014)
  • 17.9% Listings with price cut
37.3%
Sold below listing
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Otsego Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,392 Otsego
    $1,501 Minneapolis-St Paul Metro
    $1,345 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • $1,195 Rent list price
  • $1.37 Rent list price / sq ft
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