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Featured local agent — Otsego, NY
Sarah Mitchell
Compass Real Estate · Otsego, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Otsego, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$130,000median sale price
How is the Otsego, NY housing market right now?
The median home sale price in Otsego, NY is $130,000, down 72.3% year-over-year. Homes sell in an average of 130 days with 12 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Otsego a buyer's or seller's market?
Otsego, NY is currently a buyer's market, based on 12.0 months of supply and homes selling in about 130 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
130
Average pace
Active listings
12
12.0 months supply
Sale-to-list
68.4%
Below asking
What does the Otsego housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $130,000 |
| Median list price | $799,500 |
| Year-over-year price change | -72.3% |
| Average days on market | 130 days |
| Active inventory | 12 listings |
| Months of supply | 12.0 months |
| Sale-to-list price ratio | 68.4% |
| Median price per sq ft | $74/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 4 |
| Listings with a price cut | 16.7% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Otsego by property type?
How the Otsego, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $130,000 | $74/sq ft | 1 | 130 days |
Source: Redfin · Updated monthly
The Otsego housing market is currently classified as a buyer's market with a median sale price of $130,000. Prices have fallen 72.3% compared to last year, with homes spending an average of 130 days on market, indicating 12.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Homes for sale in Otsego
There are currently 12 homes listed for sale in Otsego, New York. The median listing price is $800K.
Active listings
12
Homes on market
Median list price
$800K
Avg. days on market
130
Days until sale
New this week
4
Newly listed
Which cities are near Otsego, NY?
Want a head-to-head view? Compare Otsego side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Otsego?
The median home sale price in Otsego is $130,000, down 72.3% from last year.
How long do homes stay on market in Otsego?
Homes typically spend 130 days on market before going under contract.
Is Otsego a buyer's or seller's market?
With 12.0 months of supply, Otsego is currently a buyer's market.
How much does a single-family home cost in Otsego?
The median single-family home price in Otsego, NY is $130,000 (about $74 per square foot).
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