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County Overview

Otsego County, MI

Aggregate real estate market report across county ZIPs
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The Otsego County, MI real estate market currently shows 229 active listings, with 72 pending sales. Homes are averaging 48 days on the market before going under contract.

Inventory has increased compared to last year, with 53 more homes available — giving buyers more choice.

Homes are selling faster, averaging 48 days on market compared to 50 days last year.

The median listing price has fallen 3.1% year-over-year, from $339,900 to $329,250.

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Market Context

Market Context

Population: 24,605  ·  Density: 27.6/mi²  ·  Median household income: $62,874

Typical home value: $178,280  ·  Homeownership: 75.8%

Included Areas

Gaylord: 49734, 49735

Johannesburg: 49751

Vanderbilt: 49795

Waters: 49797

Area Map

Market Overview

Active Listings
229
⇧ 30.1% vs 176 last year
Pending
72
31% pending ratio
Median Price
$329,250
⇩ 3.1% vs $339,900 last year
Average Price
$410,397
⇩ 11.8% vs $465,290 last year
Days on Market
48
⇩ 4% vs 50 days last year

Price Per Square Foot

Median $/sqft
$162
⇩ 8% vs $176/sqft last year
Median Home Size
1,940 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.7%
Listings with no price change
Price Reduced
0.3%
⇧ 25.8% vs 0.2% last year
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %