Otter Tail County Real Estate Market Report
Updated May 5, 2023
Otter Tail County Housing Trends Over Time
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.
View Otter Tail County Homes for Sale
Interest Rates
After a decade of low rates, mortgage interest rates have climbed to their highest levels since the Great Recession. As of Friday, May 5, 2023, current interest rates in Minnesota are 6.70% for a 30-year fixed mortgage and 6.11% for a 15-year fixed mortgage.
Otter Tail County Median Property Tax
The median property tax in Otter Tail County, Minnesota is $1,046 per year for a home worth the median value of $158,600. Otter Tail County collects, on average, 0.66% of a property’s assessed fair market value as property tax.
Minnesota is ranked 1357th of the 3143 counties in the United States, in order of the median amount of property taxes collected.
