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Otsego Home Values and Market Report

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Report prepared by Foundryrep.com Foundry Real Estate Partners, Inc

Market at a glance

Over the last 12 months, homes sold for 98.3% of list price in 28 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $280K Sold · $275K
$400K$340K$280K$220K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 24 sales in Oct. Last month: 24.

Where the market stands

All homes in this report, by status.

274homes
Active54 · 20%
Under contract21 · 8%
Sold (12 mo)199 · 73%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

3.1months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$339K
Under contract$365K
Sold$313K

Average days on market

Active117 days
Under contract37 days
Sold28 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 54
Average list price $338,528
Avg. days on market 117 days
Avg. price per ft² $182 Based on 30 of 54 homes
Avg. living area 2,097 ft² Based on 30 of 54 homes
Avg. beds / baths 3.6 / 2.4

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

24 homes didn’t report living area and aren’t shown.

$3M$2M$1M$0

Price vs. living area: 30 homes plotted, up to $3M and 9,000 ft².

0 ft²3,0006,0009,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

24 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

722 River Road$363
9157 Highland View Drive$351
10463 W H Avenue$334
422 W Allegan Street$233
9622 Big Rock Drive$226
234 W Hammond Street$207
2910 N 5th Street$198

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1337 Alivia DrivePlainwell, MI 49080 532,300$399,900$1730 days
215 W Hammond StreetOtsego, MI 49078 321,728$249,900$1440 days
1391 Hill RoadOtsego, MI 49078 —1—$499,900—1 day
9195 W F AvenueKalamazoo, MI 49009 331,320$259,000$1963 days
714 Clara StreetOtsego, MI 49078 321,323$226,900$1714 days
115-117 S Fair StreetOtsego, MI 49078 —2—$235,000—5 days
301 Helen AvenueOtsego, MI 49078 ———$74,900—10 days
9622 Big Rock DriveKalamazoo, MI 49009 432,714$615,000$22610 days
V/L 13th StreetOtsego, MI 49078 ———$840,000—19 days
0 V/L 110th AvenueOtsego, MI 49078 ———$642,000—19 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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