Is Otsego, MI 49078 a buyer’s or seller’s market?
Otsego is a seller’s market. With about 1.2 months of supply and 31% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Competition score67/ 100
More competitive than 71% of U.S. ZIP codes, and #236 of 510 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply1.2Under 4 months = seller’s market
Sold above original list30.5%Share of sales, last 3 months
Median sale-to-list97.3%Sold price ÷ list price
Median days on market8Listing to accepted offer
Median price per sq ft$190▲ +29.4% vs. last year
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Nearby markets
Allegan 49010Seller’s market $189 /sq ftDorr 49323Seller’s market $201 /sq ftDouglas 49406Balanced $426 /sq ftFennville 49408Seller’s market $264 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology