All Home Types
Otsego, MN Housing Market
What is the housing market like in Otsego today?
In October 2024, Otsego home prices were down 10.2% compared to last year, selling for a median price of $400K. On average, homes in Otsego sell after 28 days on the market compared to 50 days last year. There were 37 homes sold in October this year, down from 42 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$400,000
-10.2% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Otsego, MN
$400,000
-10.2%
United States
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Otsego Migration & Relocation Trends
In Sep '24 - Nov '24, 20% of Otsego homebuyers searched to move out of Otsego, while 80% looked to stay within the metropolitan area.
- Across the nation, 0.79% of homebuyers searched to move into Otsego from outside metros.
- Albuquerque homebuyers searched to move into Otsego more than any other metro followed by Miami and Chicago.
Where are people moving to Otsego from?
- 80% of Otsego homebuyers searched to stay within the Otsego metropolitan area.
- Brainerd was the most popular destination among Otsego homebuyers followed by Duluth and Cape Coral.
Where are people from Otsego moving to?
Number of People Moving to Otsego
least
most
People are moving to Otsego from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 717 | ||
| 2 | 700 | ||
| 3 | 599 | ||
| 4 | 414 | ||
| 5 | 318 | ||
| 6 | 285 | ||
| 7 | 271 | ||
| 8 | 235 | ||
| 9 | 176 | ||
| 10 | 158 | ||
People are leaving Otsego for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 435 | ||
| 2 | 248 | ||
| 3 | 196 | ||
| 4 | 102 | ||
| 5 | 78 | ||
| 6 | 68 | ||
| 7 | 50 | ||
| 8 | 46 | ||
| 9 | 43 | ||
| 10 | 40 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Otsego.
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