Otsego, MI 49078 Real Estate & Property Data
Last Updated: April 27, 2024
A total of 162 residential properties have been sold over the past 12 months in 49078. With a median sales price of $185,400 in 49078. Discover market trends and get the granular level real estate data for Otsego, MI 49078 to keep your pulse on the housing market. Curate compelling home reports for Otsego, MI 49078 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.
Total Residential Properties 3,521
Total Commercial Properties 222
Avg. Home Age (Single Family Home) 52 Years
Avg. Square Feet (Single Family Home) 1,518
Total 2024 Residential Sales (year-to-date) 19
% of Homes Seriously Underwater (Q2 2024) 0.99%
Total 2023 Residential Sales 153
% of Equity Rich Homes (Q2 2024) 37.41%
Effective 2023 Property Tax 0.92%
Total Foreclosure Filings (year-to-date) N/A
Otsego, MI 49078 Real Estate Overview
There were 162 residential properties sold in the past year in Otsego, MI 49078. The median home value in Otsego, MI 49078 is $234,798. There are a total of 3,521 residential properties in the 49078.
Median Sales Price i
$185,400
(Feb 2024)
-28%
year-over-year
y-o-y
- February '24 Feb '24 $185,400
- January '24 Jan '24 $230,000
- December '23 Dec '23 $254,405
- November '23 Nov '23 $237,500
- October '23 Oct '23 $220,000
- September '23 Sep '23 $200,738
- August '23 Aug '23 $239,950
- July '23 Jul '23 $169,900
- June '23 Jun '23 $231,000
- May '23 May '23 $215,000
- April '23 Apr '23 $168,750
- March '23 Mar '23 $208,000
Median Down Payment i
$8,800
(Feb 2024)
-89%
year-over-year
y-o-y
- February '24 Feb '24 $8,800
- January '24 Jan '24 $14,461
- December '23 Dec '23 $29,000
- November '23 Nov '23 $15,000
- October '23 Oct '23 $7,343
- September '23 Sep '23 $15,000
- August '23 Aug '23 $46,422
- July '23 Jul '23 $27,583
- June '23 Jun '23 $9,523
- May '23 May '23 $4,800
- April '23 Apr '23 $38,500
- March '23 Mar '23 $8,803
Number of Homes Sold i
6
(Feb 2024)
year-over-year
y-o-y
Number of Purchase Loans i
4
(Feb 2024)
-20%
year-over-year
y-o-y
Number of REFI Loans i
2
(Feb 2024)
-33.3%
year-over-year
y-o-y
Number of HELOC Loans i
6
(Feb 2024)
+100%
year-over-year
y-o-y
Otsego, MI 49078 Foreclosure Activity
Total Foreclosure Filings i
Foreclosure Starts i
Completed Foreclosures (REOs) i
- February '24 Feb '24 N/A
- January '24 Jan '24 N/A
- December '23 Dec '23 1
- November '23 Nov '23 1
- October '23 Oct '23 1
- September '23 Sep '23 N/A
- August '23 Aug '23 N/A
- July '23 Jul '23 N/A
- June '23 Jun '23 1
- May '23 May '23 N/A
- April '23 Apr '23 N/A
- March '23 Mar '23 N/A
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