What are current home values in Otsego County, MI?

The median home value in Otsego County, MI is $257,009 as of August 2026. This represents a 0.5% decrease compared to last month and a 4.3% increase year-over-year.

How do home values in Otsego County, MI compare to Michigan and the national average?

The median home value in Otsego County, MI ($257,009) compares to Michigan ($266,292) and the U.S. national median ($368,697).

What are the top cities in Otsego County, MI by home value?

The cities with the highest median home values in Otsego County, MI include: Gaylord ($272,001), Johannesburg ($226,522), Vanderbilt ($207,093). These cities represent the most expensive areas within the county.

Otsego County, MI Housing Market

$257,009

4.3% 1-yr

The average Otsego County, MI home value is $257,009, up 4.3% over the past year, and homes go to pending in around 14 days. (Updated on 8/31/2026)

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Otsego County Key Takeaways

Typical Home Values: $257,009

1-Year Value Change: +4.3%

(Data through August 31, 2026)

Otsego County Housing Market Overview

1-Year Market Forecast: --

For Sale Inventory: 208 (August 31, 2026)

New Listings: 76 (August 31, 2026)

Median Sale to List Ratio: 0.978 (July 31, 2026)

Median Sale Price: $257,317 (June 30, 2026)

Median List Price: $314,165 (August 31, 2026)

Percent of Sales Over List Price: 18.2% (July 31, 2026)

Percent of Sales Under List Price: 60.2% (July 31, 2026)

Median Days to Pending: 14 (August 31, 2026)

(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Cities in Otsego County

NameMedian ZHVI
Gaylord$265,409
Johannesburg$223,215
Vanderbilt$207,170
Elmira$267,948
Wolverine$193,454
Frederic$203,474
Boyne Falls$383,622
Alba--
Atlanta$165,721

Move forward with a local partner

Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.

Talk to a local agent

Otsego County Homes for Sale

View Otsego County listings

Get pre-qualified for a loan

At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact on your credit score.

Start Now

An equal housing lender. NMLS #10287.

Otsego County Rental Market Trends

Average Rent: --

National Average Rent: $1,948 (August 31, 2026)

Month-Over-Month Change: --

Year-Over-Year Change: --

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.