Otisville Real Estate
9 active listings · 51 sold in the past 12mo
$209,900
Median List Price
51
Sold (past 12mo)
65
Avg Days on Market
+8.2%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Active Listings
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Homes for Sale(9)
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For Sale
1/99
$650,000
10374 Wilson Road, Otisville, MI 48463
4 bd3 ba2,292 sqft60.33 ac
Single Family
For Sale
1/63
$475,000
12185 N Irish Road, Otisville, MI 48463
4 bd3 ba10.08 ac
Single Family
For Sale
1/63
$374,500
116 E Main Street, Otisville, MI 48463
5 bd2 ba2,800 sqft0.41 ac
Single Family
For Sale
1/33
$229,900
8153 N State Road, Otisville, MI 48463
2 bd2 ba1,374 sqft2.87 ac
Single Family
For Sale
1/26
$209,900
8059 E Mount Morris Road, Otisville, MI 48463
2 bd1 ba1,442 sqft1.56 ac
Single Family
For Sale
1/20
$179,900
7033 E Mount Morris Road, Otisville, MI 48463
3 bd2 ba1,620 sqft1.08 ac
Single Family
For Sale
1/22
$179,900
11454 Wilson Road, Otisville, MI 48463
2 bd1 ba936 sqft1.62 ac
Single Family
For Sale
1/14
$117,500
211 Athletic Street, Otisville, MI 48463
3 bd1 ba0.17 ac
Single Family
For Sale
1/24
$115,000
8054 N Gale Road, Otisville, MI 48463
3 bd2 ba1,404 sqft0.50 ac
Mfg Home
Recently Sold(51)
Frequently Asked Questions about Otisville
How many homes are for sale in Otisville?
There are currently 9 active listings in Otisville. The median asking price is $209,900.
What are home prices like in Otisville?
Homes in Otisville sell for a median of $209,900, drawn from 51 transactions over the past year.
What is the average days on market in Otisville?
The average days on market in Otisville is 65, based on 51 recent transactions.
Which school districts cover Otisville?
Multiple school districts may serve Otisville. Michigan school district boundaries are independent of city borders. The school district for a specific property depends on its exact location within the city.
How competitive is the Otisville real estate market?
Otisville is currently a seller's market, with 2.1 months of supply. That ratio comes from 9 active listings relative to 51 sales per year.
How are property taxes calculated in Otisville?
Property taxes in Otisville are based on a property's State Equalized Value (SEV), which is roughly 50% of market value, multiplied by the local millage rate. Homestead properties (primary residences) receive a lower rate than non-homestead. Tax bills are split into summer and winter installments.
What is the Household Formation Gap in Otisville?
Based on Census Bureau ACS 5-Year Estimates, the Household Formation Gap in Otisville is +8.2%. Shrinking household sizes (from 2.79 to 2.35 persons per household) have increased the number of households needing housing by 30 since 2009 — independent of the 8.9% population decline. This is a secondary demographic indicator, not a primary market measure.