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Preforeclosure Homes in Ottertail, MN

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Ottertail, MN Foreclosures

How much do homes sell for in Ottertail, MN?
The average home price is currently $448,417.
In Ottertail, MN, how many homes are available?
There are currently 1 active home listings available in Ottertail.
What’s the average rental cost in Ottertail, MN?
The average rental price in Ottertail is $1,467.
What is the most expensive home in Ottertail?
The most expensive home sold in Ottertail had a price of $2,348,224.
What is currently the cheapest priced home in Ottertail, MN?
The cheapest home for sale in Ottertail is priced at $32,681.

Living in Ottertail, MN

Ottertail, MN offers a peaceful small-town lifestyle surrounded by natural beauty, including numerous lakes and parks. The community is known for its friendly atmosphere and diverse recreational activities that cater to all ages. With strong local schools and essential amenities, it's a perfect place for families and nature enthusiasts alike.

Current Market Conditions in Ottertail, MN

Ottertail's real estate market has seen a steady demand, particularly for homes near the lakes. With low inventory levels, properties in the area tend to sell relatively quickly. Many buyers are attracted to the community for both full-time residences and vacation homes, which keeps prices competitive.

Recently, there has been an increase in interest for properties in Ottertail, especially as more remote workers seek quieter locales with ample outdoor activities. The market remains strong, with varied listings catering to different budgets, making it an ideal spot for both buyers and investors.

Home Value Estimator For Ottertail, MN

There are currently 1,754 real estate properties in Ottertail, MN, with a median automated valuation model (AVM) price of $388,112.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ottertail, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Ottertail, MN, is $448,417.00, with the most expensive house in Ottertail, MN, topping out at $2,348,224.00 and the cheapest home in Ottertail, MN, clocking in at $32,681.00. In other words, there’s something for every potential homebuyer or savvy investor in Ottertail, MN!

Rent Prices In Ottertail, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ottertail, MN, is on a rollercoaster ride. The average rent price in Ottertail, MN, is $1,467.00. Indeed, when looking to rent in Ottertail, MN, you can expect to pay as little as $570.00 or as much as $2,100.00, with the average rent median estimated to be $1,380.00. The good news is that finding an affordable and desirable property to rent in Ottertail, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Ottertail, MN Preforeclosure Homes


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