Otter Tail County, MN Housing

The housing market in Otter Tail, MN County is a great investment opportunity. The median value of homes is $283,400, slightly lower than the US median of $338,100. However, the 1 year house appreciation in Otter Tail County was 9.46%, higher than the US average of 8.27%. This means that investing in real estate in this area could be a wise decision as prices may continue to rise over time.

The median home cost in Otter Tail County is $283,400. Home appreciation the last 10 years has been 73.4%. Home Appreciation in Otter Tail County is up 13.6%.

Average Age of Homes

- The median age of Otter Tail County real estate is 40 years old

The Rental Market in Otter Tail County

- Renters make up 14.2% of the Otter Tail County population
- 1.1% of houses and apartments in Otter Tail County, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Otter Tail, Minnesota	United States
	36,464.0	139,647,020.0
	43	42
	$283,400	$338,100
	13.6%	16.6%
	39.4%	57.0%
	73.4%	101.1%
	$8.20	$10.98
	$1,715	$2,690
	54.4%	57.4%
	31.9%	11.2%
	13.7%	31.4%
Vacant Housing
	1.1%	1.9%
	0.1%	0.4%
	0.9%	0.7%
	0.2%	0.4%
	26.9%	3.6%
	2.7%	4.1%
Value of Owner-Occupied Housing
	2.1%	2.6%
	2.1%	2.4%
	2.5%	2.8%
	5.1%	3.9%
	6.3%	4.5%
	15.5%	11.3%
	14.0%	13.0%
	23.8%	20.1%
	11.9%	13.6%
	7.4%	8.3%
	6.2%	9.7%
	1.9%	3.9%
	0.5%	2.2%
	0.4%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	15.6%	13.6%
	15.6%	13.6%
	13.2%	13.6%
	10.6%	13.2%
	14.2%	14.8%
	13.2%	13.6%
	7.9%	10.0%
	5.1%	4.7%
	16.0%	12.2%

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