Zip 56571 (Ottertail, MN) Housing

The housing market in 56571 Ottertail, MN is thriving, with the median value at $332,500. This is slightly below the US median house value of $338,100, but still well above the national average. The house appreciation rate in 56571 Ottertail, MN over the last year has been 8.21%, which is very close to the national average of 8.27%. With such strong appreciation rates and a relatively low median house price, there is plenty of opportunity for potential homebuyers looking for good value in this area.

The median home cost in Ottertail (zip 56571) is $332,500. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Ottertail (zip 56571) is up 13.6%.

Average Age of Homes

- The median age of Ottertail (zip 56571) real estate is 33 years old

The Rental Market in Ottertail (zip 56571)

- Renters make up 7.3% of the Ottertail (zip 56571) population
- 0.0% of houses and apartments in Ottertail (zip 56571), 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	Ottertail, Minnesota	United States
	1,496.0	139,647,020.0
	37	42
	$332,500	$338,100
	13.6%	16.6%
	38.7%	57.0%
	73.1%	101.1%
	$8.18	$10.98
	$2,212	$2,690
	47.5%	57.4%
	47.5%	11.2%
	5.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.4%	0.7%
	0.0%	0.4%
	43.9%	3.6%
	3.3%	4.1%
Value of Owner-Occupied Housing
	1.3%	2.6%
	0.8%	2.4%
	1.5%	2.8%
	2.0%	3.9%
	2.8%	4.5%
	9.9%	11.3%
	12.7%	13.0%
	28.3%	20.1%
	18.7%	13.6%
	6.9%	8.3%
	8.9%	9.7%
	4.9%	3.9%
	0.0%	2.2%
	1.1%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	19.9%	13.6%
	19.9%	13.6%
	8.6%	13.6%
	17.1%	13.2%
	14.5%	14.8%
	8.6%	13.6%
	7.0%	10.0%
	4.5%	4.7%
	8.6%	12.2%

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