Otsego Real Estate
14 active listings · 116 sold in the past 12mo
$322,450
Median List Price
116
Sold (past 12mo)
56
Avg Days on Market
+0.3%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Your Otsego Realtor
Alexander Munro
Broker of Record · MI License #6502405404
Direct-to-broker representation for buyers and sellers in Otsego and across Southeast Michigan. No team handoffs, no junk fees, full media included on every listing. Research-first approach grounded in MLS, public records, and on-the-ground knowledge of the local market.
Active Listings
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Homes for Sale(14)
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For Sale
1/47
$1,200,000
8730 B Avenue, Otsego, MI 49078
4 bd3 ba4,717 sqft17.74 ac
Single Family
For Sale
1/37
$699,000
722 River Road, Otsego, MI 49078
4 bd2 ba1,924 sqft10.78 ac
Single Family
For Sale
1/30
$384,900
232 23rd Street, Otsego, MI 49078
3 bd2 ba1,187 sqft3.82 ac
Single Family
For Sale
1/34
$375,000
120 N Farmer Street, Otsego, MI 49078
0.07 ac
5+ Unit
For Sale
1/28
$354,900
1660 Aspen Trails, Otsego, MI 49078
4 bd3 ba1,883 sqft0.45 ac
Single Family
For Sale
1/39
$350,000
1811 Jefferson Road, Otsego, MI 49078
4 bd2 ba1,896 sqft1.25 ac
Single Family
For Sale
1/35
$344,900
1674 Aspen Trails, Otsego, MI 49078
4 bd2 ba2,072 sqft0.45 ac
Single Family
For Sale
1/38
$300,000
1886 101st Avenue, Otsego, MI 49078
4 bd1 ba1,296 sqft2.50 ac
Single Family
For Sale
1/29
$272,000
212 E Allegan Street, Otsego, MI 49078
5 bd2 ba2,918 sqft0.23 ac
Single Family
For Sale
1/35
$261,000
2453 108th Avenue, Otsego, MI 49078
1 bd1 ba1,879 sqft8.08 ac
Single Family
For Sale
1/32
$240,000
449 21st Street, Otsego, MI 49078
2 bd1 ba936 sqft0.66 ac
Single Family
For Sale
1/14
$199,900
361 W Allegan Street, Otsego, MI 49078
3 bd2 ba1,346 sqft0.19 ac
Single Family
For Sale
1/4
$175,000
206 S Grant Street, Otsego, MI 49078
3 bd1 ba864 sqft0.23 ac
Single Family
For Sale
1/18
$87,000
1362 Michigan 89-183, Otsego, MI 49078
3 bd2 ba2,000 sqft
Mfg Home
Recently Sold(116)
Frequently Asked Questions about Otsego
What is the current real estate inventory in Otsego?
There are currently 14 active listings in Otsego. The median asking price is $322,450.
What is the median home price in Otsego?
Homes in Otsego sell for a median of $322,450, drawn from 116 transactions over the past year.
How fast do homes sell in Otsego?
The average days on market in Otsego is 56, based on 116 recent transactions.
What school districts serve Otsego?
Multiple school districts may serve Otsego. Michigan school district boundaries are independent of city borders. The school district for a specific property depends on its exact location within the city.
Is Otsego a buyer's or seller's market?
Otsego is currently a seller's market, with 1.4 months of supply. That ratio comes from 14 active listings relative to 116 sales per year.
How much are property taxes in Otsego?
Property taxes in Otsego are based on a property's State Equalized Value (SEV), which is roughly 50% of market value, multiplied by the local millage rate. Homestead properties (primary residences) receive a lower rate than non-homestead. Tax bills are split into summer and winter installments.
Is housing demand growing in Otsego?
Based on Census Bureau ACS data, the Household Formation Gap in Otsego is +0.3%, indicating stable demographic housing demand. Household size moved from 2.42 to 2.56. HFG is a secondary market indicator reflecting household formation, not a primary market measure.