Otter Tail County Housing Market Trends
Otter Tail County Housing Trends Over Time
Otter Tail County, Minnesota and consists of 22 cities. Home values have increased more than 21% in 2023 over 2022. A recent sampling of homes for sale ranged from $17.5K to $6.9M.
$369.5K is the Median listing home price
$194 is the Median listing home price per square foot
$277.5K Median sold home price
Looking for information on other areas? You can browse listings by County or City on our website. Or drop us a line- we would be happy to provide a custom report.
Take away: If you are thinking about selling, contact us immediately. Inventory remains low, so if you are buying, we can help you with alerts as soon as a new property hits the market. You will have to move fast when you find the right home.
Mortgage interest rates for Otter Tail County have dropped slightly but still are hovering over 7.25%.
Otter Tail County Median Property Tax
In Otter Tail County, the average County property tax rate is 0.810%. For a home with an assessed value of $323,000, expect to pay $2,616 in annual property taxes.
Property tax rates in Minnesota are close to the national average. The state’s average effective property tax rate is 1.02%, compared to the national average of 0.99%.