#201834335, Catherine Callahan, Listing Office: Alpine Realty Group-Gaylord
Otsego Lake Township Housing Market Report April 2025•Otsego County, Michigan
Housing Prices in Otsego Lake Township, MI
How much do homes in Otsego Lake Township, MI cost?
Housing Market Conditions
Is Otsego Lake Township, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Otsego Lake Township is a Buyer's Market
Difference Since April 2024
At the same time last year, Otsego Lake Township was a Seller's Market.
Otsego Lake Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Otsego Lake Township have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in Otsego Lake Township was $310,000 in April 2025, up 6.2% from last year, and the median price per square foot was $210.
Median Sold Price By Cities
City | Apr 2024 | Apr 2025 | Change YoY |
---|---|---|---|
Frederic | $222K | $255K | +14.9% |
Bagley Township | $264.5K | $285K | +7.7% |
Otsego Lake Township | $292K | $310K | +6.2% |
Median Sold Price By Bedrooms
Beds | Apr 2024 | Apr 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $60K | $20K | -66.7% |
22 Bedrooms | $180.7K | $269K | +48.8% |
33 Bedrooms | $298.4K | $302.5K | +1.4% |
44 Bedrooms | $317K | $410K | +29.3% |
55+ Bedrooms | $257K | $675K | +162.6% |
Summary: Otsego Lake Township housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -66.7%. The home price for 2 bedroom homes increased by +48.8%. The home price for 3 bedroom homes increased by +1.4%. The home price for 4 bedroom homes increased by +29.3%. The home price for 5 bedroom homes increased by +162.6%.
How does Otsego Lake Township, MI compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Otsego Lake Township, MI
Housing supply in Otsego Lake Township, MI
How many homes are available in Otsego Lake Township, MI?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
18Last MonthApr 2025 | ||
182 months agoMar 2025 | 0.0 % Change MoMMar – Apr |
Summary: The Otsego Lake Township real estate market had 18 homes for sale in Apr 2025, the same as Mar 2025
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
2Last MonthApr 2025 | ||
52 months agoMar 2025 | -60.0 % Change MoMMar – Apr |
Homes For Sale By Bedroom Count
Beds | Mar 2025 | Apr 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 0 | 2 | +100.0% |
33 Bedrooms | 11 | 10 | -9.1% |
44 Bedrooms | 6 | 5 | -16.7% |
55+ Bedrooms | 1 | 1 | 0.0% |
Summary: Otsego Lake Township housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes decreased by -9.1%. The inventory for 4 bedroom homes decreased by -16.7%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Otsego Lake Township, MI cost?
Over Asking Price1 Home
At Asking Price0 Home
Under Asking Price1 Home
If you're buying a home in Otsego Lake Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Otsego Lake Township in April 2025, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and and 50% were sold over asking.
Days on Market for Otsego Lake Township, MI
We’re sorry, we don't have information for this market at the moment.
Home sale times aren’t available for this area.
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Newest Listings in Otsego Lake Township, MI
What homes are available in Otsego Lake Township, MI?
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MLS Disclaimers and Copyright
Based on information from Water Wonderland MLS Inc., Northern Michigan MLS, Northern Great Lakes Realtors MLS, Michigan Regional Information Center LLC, and MiRealSource Inc. DL for the period 05/01/2023 - 05/01/2025

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2025, 12:50:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2025, 6:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2025, 6:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2025, 12:50:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2025, 6:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.