Ottertail, MN

Buyer's market+43.8% YoY

Housing market overview · Updated weekly

$575,000median sale price

Homes sold

1

Last 12 weeks

Days on market

163

Average pace

Active listings

6

6.0 months supply

Sale-to-list

96.0%

Below asking

The Ottertail housing market is currently classified as a buyer's market with a median sale price of $575,000. Prices have risen 43.8% compared to last year, with homes spending an average of 163 days on market, indicating 6.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Ottertail

There are currently 6 homes listed for sale in Ottertail, Minnesota.

Active listings

6

Homes on market

Avg. days on market

163

Days until sale

Sale-to-list:96.0%

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Frequently asked questions

What is the average home price in Ottertail?

The median home sale price in Ottertail is $575,000, up 43.8% from last year.

How long do homes stay on market in Ottertail?

Homes typically spend 163 days on market before going under contract.

Is Ottertail a buyer's or seller's market?

With 6.0 months of supply, Ottertail is currently a buyer's market.

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