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Foreclosure Homes in Otisville, MI

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Otisville, MI Foreclosures

How much do homes sell for in Otisville, MI?
The average home price is currently $235,858.
In Otisville, MI, how many homes are available?
There are currently 4 active home listings available in Otisville.
What’s the average rental cost in Otisville, MI?
The average rental price in Otisville is $1,441.
What is the most expensive home in Otisville?
The most expensive home sold in Otisville had a price of $1,323,438.
What is currently the cheapest priced home in Otisville, MI?
The cheapest home for sale in Otisville is priced at $30,826.

Living in Otisville, MI

Otisville, MI, is a picturesque village that offers a peaceful, family-friendly environment with easy access to nature and community life. The area features cozy homes, local parks for recreation, and a supportive school system, making it a great place to settle down. With its rural charm, residents enjoy a slower pace of life while being conveniently located near urban amenities.

Current Market Conditions in Otisville, MI

The Otisville real estate market has shown positive growth trends over the past year, with an increasing demand for homes as more people seek the tranquility of suburban living. Prices have steadily risen, driven by the appeal of spacious properties and the tight-knit community atmosphere, appealing to families and new buyers alike.

Many homes in Otisville have recently been updated, attracting buyers looking for move-in ready options. The low inventory of homes on the market has further contributed to a competitive environment, with properties often receiving multiple offers.

Home Value Estimator For Otisville, MI

There are currently 1,877 real estate properties in Otisville, MI, with a median automated valuation model (AVM) price of $218,055.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Otisville, MI, 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 Otisville, MI, is $235,858.00, with the most expensive house in Otisville, MI, topping out at $1,323,438.00 and the cheapest home in Otisville, MI, clocking in at $30,826.00. In other words, there’s something for every potential homebuyer or savvy investor in Otisville, MI!

Rent Prices In Otisville, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Otisville, MI, is on a rollercoaster ride. The average rent price in Otisville, MI, is $1,441.00. Indeed, when looking to rent in Otisville, MI, you can expect to pay as little as $860.00 or as much as $1,740.00, with the average rent median estimated to be $1,450.00. The good news is that finding an affordable and desirable property to rent in Otisville, MI -- 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.

Otisville, MI Foreclosures


Market Trend for Otisville, MI

Total Listings Available: 4

Market Values:

Home Prices from $30,826 to $1,323,438

Average Sales Price: $235,858

Rental Values:

Rental from $860 to $1,740

Average Rent Value: $1,441 / month

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