Otsego, MI

Full City Profile · Michigan · Kalamazoo County County

3.0 /5.0
B Good
4,079 Population 2,009/sq mi density
$76,944 Median Income $30,347 per capita
$155,500 Home Value $272,722 Zillow
$1,133 Median Rent 26.0% income on rent
47°F Avg Temperature
223 Violent Crime/100K 842 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$76,944 median income, 6.9% unemployment
A+
Affordability
5.0 / 5.0
$155,500 home value, $1,133/mo rent
F
Safety
1.0 / 5.0
223 violent crimes/100K
C
Education
2.0 / 5.0
13.1% bachelor's degree or higher

Housing Overview

Median Home Value
$155,500
45% below
US avg: $281,900
Median Rent
$1,133/mo
3% below
US avg: $1,163/mo
Homeownership Rate
72.2%
10% above US avg (65.4%)
Total Housing Units
1,744
Median year built: 1954

Home Value by Source

Census Median
$155,500
Zillow (ZHVI)
$272,722
Redfin Median Sale
$219,000
Median Sale Price
$219,000
Median List Price
$265,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

72.2%
Owner-Occupied
27.8%
Renter-Occupied
72%
28%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$852/mo
1 Bedroom
$858/mo
2 Bedroom
$1,100/mo
3 Bedroom
$1,445/mo
4 Bedroom
$1,560/mo
Census median rent: $1,133/mo

Market Indicators (Redfin)

Median Sale Price
$219,000
Median Days on Market
49 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
42.9%
of listings with price reduction
Price Per Sq Ft
$155
Active Inventory
7
homes for sale

Affordability & Housing Stock

Rent Burden
26.0%
of renters spending 30%+ of income on housing
16% below US avg (31.0%)
Median Year Built
1954
Average age of housing stock: 72 years
Homeownership Rate
72.2%

Complete Housing Data

Home Values

Census Median Value$155,500
Zillow Home Value (ZHVI)$272,722
Redfin Median Sale$219,000
Median Sale Price$219,000
Median List Price$265,000
Price Per Sq Ft$155

Rent

Census Median Rent$1,133
FMR Studio$852
FMR 1-Bedroom$858
FMR 2-Bedroom$1,100
FMR 3-Bedroom$1,445
FMR 4-Bedroom$1,560

Market

Days on Market49
Sale-to-List Ratio1.0%
Price Drops42.9%
Homes Sold4
Active Inventory7
Price Per Sq Ft$155

Ownership & Stock

Owner-Occupied72.2%
Renter-Occupied27.8%
Homeownership Rate72.2%
Total Housing Units1,744
Median Year Built1954
Rent Burden26.0%