Otter Lake Housing Information - Census

IndexOtter LakeMichiganNational
Median home price$90,300$120,200$175,700
Median rent asked$650$780$920
Avg. people per household2.62.52.6
Owner occupied households72.9%71.5%64.4%
Renter occupied households27.1%28.5%35.6%

Otter Lake Housing Information - Zillow

IndexOtter LakeMichiganNational
Zillow home value indexn/a$132,300$196,500
Year over year appreciation raten/a7.91%6.79%
5 year average appreciation raten/a8.20%5.28%
10 year average appreciation raten/a-0.30%0.01%

Did you know?

  • The median home price in Otter Lake is 49% lower than the national average.
  • The median rent asked in Otter Lake is 29% lower than the national average.
  • The average number of people per household in Otter Lake is equal to the national average.
  • The number of owner occupied households in Otter Lake is 13% higher than the national average.
  • The number of renter occupied households in Otter Lake is 24% lower than the national average.

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Compare Otter Lake, MI Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Flint, MI100,569$36,70079%
Beecher, MI10,230$43,40075%
Otisville, MI798$49,80072%
Mount Morris, MI3,032$60,40066%
Clifford, MI320$65,70063%
Otter Lake, MI402$90,30049%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
White Pine, MI402$40,60077%
La Hacienda, NM402$179,8002%
Fawn Grove, PA402$173,7001%
Tribbey, OK402$83,60052%
Shidler, OK402$34,60080%
Otter Lake, MI402$90,30049%
Source: The Otter Lake, MI housing data displayed above is derived from the United States Census Bureau and Zillow data.