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MI area data

Otter Lake, MI

Otter Lake, MI.

Population: 2,152 (Census ACS)

The typical home value in Otter Lake, MI is $236,204 — up 6.6% over the past year. Homes sell for a median $262,000 after a median 28 days on market. FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with strong wind, cold wave, ice storm the top-rated hazards. Cost of living is 3.8% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$236,204

Typical home value

+6.6%

1-year change

28

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Typical home value
$236,204
1-year appreciation
+6.6%
3-year appreciation
+12.9%
5-year appreciation
+20.5%
10-year appreciation
+91.4%
Peak value since 2000 (Mar 2026)
$238,908
House Price Index (state)
400.5 (+3.7% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$262,000
Median list price
$204,950
Median price per sqft
$146
1-year sale-price change
+4.8%
Median days on market
28 days
Homes sold (recent period)
10
For-sale inventory
9
Sale-to-list ratio
96.7%
Active listings
6
1-year forecast
+1.7%
New listings (monthly)
4

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$1,047/mo
1BR fair-market rent
$1,167/mo
2BR fair-market rent
$1,459/mo
3BR fair-market rent
$1,777/mo
4BR fair-market rent
$1,929/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Average)
96.2 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
strong wind, cold wave, ice storm, tornado
Notable hazard ratings (county)
strong wind: Relatively High · tornado: Relatively Moderate · cold wave: Relatively Moderate · ice storm: Relatively Moderate · hail: Relatively Low · heat wave: Relatively Low
Wildfire risk to homes (county)
Higher than 7% of US counties
Buildings in wildfire direct-exposure zone
77.4%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Forest Waste Products (6.4 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
48.0°F
Average high
57.0°F
Average low
38.0°F
Annual precipitation
32.2 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Walkability & transit

Walkability index
2.3 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
3,563
Jobs reachable by transit (45 min)
5,998

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

Airports within 30 mi
23
Nearest airport
Grass Roots STOLport (5 mi)
Nearest major airport
Bishop International Airport (FNT) (24 mi)
Hospitals in or near this ZIP
21
Hospitals include
TRINITY HEALTH OAKLAND HOSPITAL, PONTIAC GENERAL HOSPITAL, MCLAREN BAY REGION
Avg hospital rating (CMS)
2.6 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)

Migration

Net migration (county)
+269 tax filers

Source: IRS SOI county-to-county migration (county-level; published with a multi-year lag)

Housing stock

Median year housing built
1969
Housing built before 1970
51.3%
Housing built 2000 or later
11.0%
Median annual property tax
$2,211
Mean commute to work
37 min
Households with broadband internet
55.0%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
18,076
Average weekly wage
$1,006
Top industries (by employment)
Accommodation & Food, Health Care, Construction
Annual residential building permits (county)
179

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

Otter LakeState medianUS median
Typical home value$236,204$242,800$288,527
Median sale price$262,000$265,000$325,000
Median days on market28 days36 days51 days
Median annual property tax$2,211$2,175$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the typical home value in Otter Lake, MI?
$236,204.
What is the median sale price in Otter Lake, MI?
$262,000.
How long do homes take to sell in Otter Lake, MI?
Median days on market: 28 days.
What is typical rent in Otter Lake, MI?
2-bedroom fair-market rent: $1,459/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Otter Lake, MI?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: strong wind, cold wave, ice storm, tornado.
What is the wildfire risk in Otter Lake, MI?
Risk to homes is higher than 7% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Otter Lake, MI?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Otter Lake, MI?
No current or proposed National Priorities List sites within 5 miles (EPA).
Is Otter Lake, MI walkable?
Walkability index: 2.3/20 (EPA Smart Location Database).
What is the cost of living in Otter Lake, MI?
Regional Price Parity: 96.2 (100 = US average) (Average) (BEA RPP, metro/state-level).

ZIP code for Otter Lake

Listing a home in Otter Lake, MI?

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents