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$187,500
Median Sale Price
38.5% MoM
25.7% YoY
7/202410
Homes Sold
9.1% MoM
25.0% YoY
7/20241.3
Months Inventory
2.1% MoM
38.8% YoY
7/202481
Days on Market
1650 MoM
5600 YoY
7/202413
Listings
7.1% MoM
23.5% YoY
7/202493.9%
Sale Price to List Price
0.1% MoM
4.4% YoY
7/2024
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.