Population: 1,999 · Density: 45.3/mi² · Median household income: $59,205
Typical home value: $157,045 · Homeownership: 92.9%
Data as of January 2026. Source: Realtor.com.
The OTTER LAKE, MI real estate market (48464) currently shows 9 active listings, with 4 pending sales. Homes are averaging 40 days on the market before going under contract.
Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.
Homes are selling faster, averaging 40 days on market compared to 54 days last year.
The median listing price has risen 8.7% year-over-year, from $273,550 to $297,400.
Whether you are buying or selling in OTTER LAKE, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48464 | Otter Lake, MI 48464 | 0.0 mi | 9 | $2,628,747 | $297,400 | $292,083 |
| 48421 | Columbiaville, MI 48421 | 4.5 mi | 19 | $9,505,358 | $380,000 | $500,282 |
| 48746 | Millington, MI 48746 | 7.0 mi | 23 | $6,684,720 | $250,000 | $290,640 |
| 48461 | North Branch, MI 48461 | 10.7 mi | 22 | $6,311,536 | $240,000 | $286,888 |
| 48446 | Lapeer, MI 48446 | 12.0 mi | 62 | $38,914,486 | $325,900 | $627,653 |
| 48423 | Davison, MI 48423 | 13.1 mi | 76 | $23,769,836 | $299,900 | $312,761 |
| 48727 | Clifford, MI 48727 | 13.6 mi | 3 | $649,899 | $250,000 | $216,633 |
| 48458 | Mount Morris, MI 48458 | 14.8 mi | 49 | $7,392,091 | $118,000 | $150,859 |
| 48509 | Burton, MI 48509 | 16.1 mi | 37 | $7,905,124 | $199,900 | $213,652 |
| 48505 | Flint, MI 48505 | 17.0 mi | 58 | $2,152,786 | $32,900 | $37,117 |
| 48519 | Burton, MI 48519 | 18.4 mi | 23 | $5,185,442 | $209,900 | $225,454 |
| 48734 | Frankenmuth, MI 48734 | 18.9 mi | 23 | $9,418,822 | $351,000 | $409,514 |
| 48415 | Birch Run, MI 48415 | 19.6 mi | 18 | $6,833,142 | $265,000 | $379,619 |
As of January 2026, there are 9 active listings in OTTER LAKE, MI (zip code 48464), compared to 7 the prior year.
The median listing price in OTTER LAKE, MI 48464 is $297,400 as of January 2026, a 8.7% increase from $273,550 the prior year.
Homes in OTTER LAKE, MI 48464 spend an average of 40 days on the market before going under contract, compared to 54 days the prior year.
Based on current inventory and days-on-market data as of January 2026, OTTER LAKE, MI 48464 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 40 days on market compared to 54 days last year.
With SELL123.com's maximum 3% commission, sellers in OTTER LAKE, MI 48464 save an estimated $5,948 compared to a typical 5% commission on the median listing price of $297,400. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.