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OTSEGO, MI 49078

Real Estate Market Report  ·  Allegan County
Buyer's Market
September 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 49078

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Market Analysis

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

The OTSEGO, MI real estate market (49078) currently shows 37 active listings, with 21 pending sales. Homes are averaging 27 days on the market before going under contract.

Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 27 days on market compared to 21 days last year.

The median listing price has fallen 13.8% year-over-year, from $348,000 to $299,950.

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Market Context

Market Context

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

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

Market Overview

Active Listings
37
⇧ 37% vs 27 last year
Pending
21
57% pending ratio
Median Price
$299,950
⇩ 13.8% vs $348,000 last year
Average Price
$327,054
⇩ 8.5% vs $357,525 last year
Days on Market
27
⇧ 28.6% vs 21 days last year

Price Per Square Foot

Median $/sqft
$179
⇧ 5.3% vs $170/sqft last year
Median Home Size
1,738 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 37 this year vs 27 last year
  • Days on market: 27 now vs 21 last year

Median & Average Pricing

Year over Year
  • Median: $299,950 (-13.8% YoY)
  • Average: $327,054 (-8.5% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.1 miles — 448 listings ($176,173,501 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49078Otsego, MI 490780.0 mi20$6,598,980$309,825$329,949
49080Plainwell, MI 490807.7 mi37$16,084,418$402,250$434,714
49055Gobles, MI 490559.2 mi13$9,202,271$364,950$707,867
49344Shelbyville, MI 4934411.2 mi2$596,000$298,000$298,000
49004Kalamazoo, MI 4900411.8 mi40$11,608,000$235,550$290,200
49007Kalamazoo, MI 4900713.4 mi33$5,941,254$149,400$180,038
49083Richland, MI 4908315.0 mi48$29,090,352$473,950$606,049
49348Wayland, MI 4934816.1 mi23$10,936,799$372,450$475,513
49071Mattawan, MI 4907116.7 mi40$19,428,640$372,450$485,716
49060Hickory Corners, MI 4906017.2 mi3$1,618,074$543,575$539,358
49048Kalamazoo, MI 4904817.8 mi68$14,230,836$169,925$209,277
49079Paw Paw, MI 4907918.1 mi35$14,725,445$311,475$420,727
49024Portage, MI 4902419.1 mi86$36,112,432$399,900$419,912

Frequently Asked Questions

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

As of September 2026, there are 37 active listings in OTSEGO, MI (zip code 49078), compared to 27 the prior year.

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

The median listing price in OTSEGO, MI 49078 is $299,950 as of September 2026, a 13.8% decrease from $348,000 the prior year.

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

Homes in OTSEGO, MI 49078 spend an average of 27 days on the market before going under contract, compared to 21 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 September 2026, OTSEGO, MI 49078 is currently a Buyer's Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 27 days on market compared to 21 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 $5,999 compared to a typical 5% commission on the median listing price of $299,950. 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.