What the Pros Know
Market Snapshot
Zip Code 56587 | Otter Tail County, MN
1,203
Population
YoY
202256.2
Median Age
YoY
2022$76,053
Median Household Income
YoY
2022$249,000
Median Sale Price
12.5% MoM
37.2% YoY
7/20246
Homes Sold
50.0% MoM
25.0% YoY
7/20242.0
Months Inventory
0% MoM
77.8% YoY
7/202429
Days on Market
600 MoM
150 YoY
7/202412
Listings
50.0% MoM
33.3% YoY
7/202496.0%
Sale Price to List Price
1.2% MoM
3.8% 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.