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Preforeclosure Homes in Otsego, MN 55374

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Otsego, MN Foreclosures

How much do homes sell for in Otsego, MN?
The average home price is currently $403,287.
In Otsego, MN, how many homes are available?
There are currently 4 active home listings available in Otsego.
What’s the average rental cost in Otsego, MN?
The average rental price in Otsego is $1,567.
What is the most expensive home in Otsego?
The most expensive home sold in Otsego had a price of $5,381,321.
What is currently the cheapest priced home in Otsego, MN?
The cheapest home for sale in Otsego is priced at $32,743.

Living in Otsego, MN

Otsego, MN is a vibrant community that combines suburban charm with convenient urban access. Known for its excellent schools, extensive recreational opportunities, and family-friendly atmosphere, the city supports a high quality of life for residents. Enjoy nearby parks, shopping, and a variety of housing options.

Current Market Conditions in Otsego, MN

The real estate market in Otsego, MN is currently seeing a significant increase in demand, with more families looking to settle in this charming suburban area. Home prices have risen steadily as buyers seek out properties that offer spacious living and access to outdoor recreational activities.

The combination of a desirable location and community amenities has resulted in competitive bidding situations for homes. The inventory of available homes remains lower than demand, which has created a seller's market.

Home Value Estimator For Otsego, MN

There are currently 6,024 real estate properties in Otsego, MN, with a median automated valuation model (AVM) price of $393,819.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Otsego, 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 Otsego, MN, is $403,287.00, with the most expensive house in Otsego, MN, topping out at $5,381,321.00 and the cheapest home in Otsego, MN, clocking in at $32,743.00. In other words, there’s something for every potential homebuyer or savvy investor in Otsego, MN!

Rent Prices In Otsego, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Otsego, MN, is on a rollercoaster ride. The average rent price in Otsego, MN, is $1,567.00. Indeed, when looking to rent in Otsego, MN, you can expect to pay as little as $700.00 or as much as $3,770.00, with the average rent median estimated to be $1,550.00. The good news is that finding an affordable and desirable property to rent in Otsego, 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.

Otsego, MN 55374 Preforeclosure Homes


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