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MI area data

Otsego, MI

Otsego, MI.

Population: 10,018 (Census ACS)

Home values & appreciation

Median home value
$275,919
1-year appreciation
+4.4%
3-year appreciation
+14.9%
5-year appreciation
+27.4%
10-year appreciation
+96.9%
All-time peak (2026-05)
$276,279
House Price Index
387.5 (+5.5% YoY)

Market activity

Median sale price
$270,000
Median list price
$294,950
Median days on market
5 days
Sale-to-list ratio
93.1%
Active listings
1
1-year forecast
+2.0%
New listings (monthly)
11

Rents

2-bedroom fair-market rent (HUD reference)
$1,261/mo
3BR fair-market rent
$1,639/mo

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
5
Elementary schools
2
Middle schools
1
High schools
2

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
strongWind, hail, iceStorm, inlandFlooding, tornado
FEMA flood zone
C
Flood risk level
Minimal

Climate (30-year normals)

Annual precipitation
40.1 in

Air quality

Air quality rating
Good
Median AQI (annual)
42
Days with Good air quality
246
Days with Unhealthy air quality
1

Walkability & transit

Walkability index
6.8 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Plainwell Municipal Airport (4 mi)
Nearest major airport
Kalamazoo/Battle Creek International Airport (AZO) (19 mi)
Hospitals nearby (~15 mi)
4
Avg hospital rating
3.5 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
+44 tax filers

Housing stock

Median year housing built
1,970
Median annual property tax
$2,666
Mean commute to work
19 min
Households with broadband internet
57.8%

Employment & development

Total county employment
35,599
Average weekly wage
$1,159
Top industries (by employment)
Accommodation & Food, Construction, Health Care
Annual residential building permits (county)
376

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents