Otsego township, MI has an impressive median housing value of $253,200 compared to the US median of $338,100. The one year appreciation rate for this area is also higher than the national average at 10.54%, showing that investments in Otsego township's housing market will offer good returns. The value of homes in this area have been steadily increasing and investors are sure to find a good deal here.
The median home cost in Otsego township is $253,200. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Otsego township is up 14.9%.
Average Age of Homes
- The median age of Otsego township real estate is 41 years old
The Rental Market in Otsego township
- Renters make up 16.2% of the Otsego township population
- 2.0% of houses and apartments in Otsego township, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.