What the Pros Know
Market Snapshot
Zip Code 56551 | Otter Tail County, MN
2,191
Population
YoY
202251.6
Median Age
YoY
2022$60,000
Median Household Income
YoY
2022$272,000
Median Sale Price
5.7% MoM
71.3% YoY
6/202512
Homes Sold
50.0% MoM
7.7% YoY
6/20250.8
Months Inventory
45.5% MoM
41.1% YoY
6/202554
Days on Market
12 MoM
23 YoY
6/20259
Listings
18.2% MoM
35.7% YoY
6/2025153
Price per Sq Ft
38.5% MoM
1.9% YoY
6/2025
See 56551 on Zillow
1. Population Data from U.S. Census Bureau.
2. Sales Data provided by Redfin, a national real estate brokerage.
MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.