What the Pros Know
Market Snapshot
Zip Code 56586 | Otter Tail County, MN
1,808
Population
YoY
202251.6
Median Age
YoY
2022$76,080
Median Household Income
YoY
2022$337,500
Median Sale Price
25.0% MoM
27.4% YoY
7/202414
Homes Sold
55.6% MoM
100.0% YoY
7/20241.2
Months Inventory
39.3% MoM
5.6% YoY
7/202431
Days on Market
1100 MoM
300 YoY
7/202417
Listings
5.6% MoM
88.9% YoY
7/202497.3%
Sale Price to List Price
0.5% MoM
1.5% YoY
7/2024
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.