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OTSEGO, MI 49078

Real Estate Market Report  ·  Allegan County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
21
⇧ 16.7% vs 18 last year
Pending
11
52% pending ratio
Median Price
$250,000
⇩ 23.2% vs $325,650 last year
Average Price
$299,067
⇩ 19.5% vs $371,716 last year
Days on Market
39
⇩ 40% vs 65 days last year

Market Context

Population: 10,464  ·  Density: 81.6/mi²  ·  Median household income: $72,985

Typical home value: $178,133  ·  Homeownership: 82.0%

Market Analysis

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

The OTSEGO, MI real estate market (49078) currently shows 21 active listings, with 11 pending sales. Homes are averaging 39 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 39 days on market compared to 65 days last year.

The median listing price has fallen 23.2% year-over-year, from $325,650 to $250,000.

Whether you are buying or selling in OTSEGO, 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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 21 this year vs 18 last year
  • Days on market: 39 now vs 65 last year

Median & Average Pricing

Year over Year
  • Median: $250,000 (-23.2% YoY)
  • Average: $299,067 (-19.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.1 miles — 439 listings ($170,343,244 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49078Otsego, MI 490780.0 mi21$6,280,407$250,000$299,067
49080Plainwell, MI 490807.7 mi36$14,880,636$364,450$413,351
49055Gobles, MI 490559.2 mi17$11,155,553$379,900$656,209
49344Shelbyville, MI 4934411.2 mi5$1,468,500$294,900$293,700
49004Kalamazoo, MI 4900411.8 mi40$11,016,920$239,950$275,423
49007Kalamazoo, MI 4900713.4 mi28$5,264,560$159,900$188,020
49083Richland, MI 4908315.0 mi40$23,873,400$399,450$596,835
49348Wayland, MI 4934816.1 mi25$12,231,425$399,950$489,257
49071Mattawan, MI 4907116.7 mi40$18,433,760$357,000$460,844
49060Hickory Corners, MI 4906017.2 mi3$1,624,401$549,900$541,467
49048Kalamazoo, MI 4904817.8 mi62$13,780,740$187,500$222,270
49079Paw Paw, MI 4907918.1 mi34$13,160,686$275,000$387,079
49024Portage, MI 4902419.1 mi88$37,172,256$409,900$422,412

Frequently Asked Questions

How many homes are for sale in OTSEGO, MI 49078?

As of January 2026, there are 21 active listings in OTSEGO, MI (zip code 49078), compared to 18 the prior year.

What is the median home price in OTSEGO, MI 49078?

The median listing price in OTSEGO, MI 49078 is $250,000 as of January 2026, a 23.2% decrease from $325,650 the prior year.

How long do homes stay on the market in OTSEGO, MI?

Homes in OTSEGO, MI 49078 spend an average of 39 days on the market before going under contract, compared to 65 days the prior year.

Is it a seller's or buyer's market in OTSEGO, MI 49078?

Based on current inventory and days-on-market data as of January 2026, OTSEGO, MI 49078 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 39 days on market compared to 65 days last year.

How much can I save on real estate commission in OTSEGO, MI?

With SELL123.com's maximum 3% commission, sellers in OTSEGO, MI 49078 save an estimated $5,000 compared to a typical 5% commission on the median listing price of $250,000. 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.