What is the median home value in Otto Township, MN?

The median value of owner-occupied homes in Otto Township, MN is $310,300 (±$57,330), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Otto Township, the median home value went from $189,800 in 2015–2019 to $310,300 in 2020–2024 (+63.5%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$310,300 (±$57,330)
Owner-occupied homes
190 (±38)
Most common range
$200,000 to $299,999

Home values in Otto Township

Owner-occupied homes by value, 2020–2024
ValueOtto TownshipOtter Tail CountyMinnesotaUnited States
Less than $50,0006.8% (±5.3 points)4.8%4.0%5.3%
$50,000 to $99,9990.5% (±1.5 points)6.6%3.7%6.1%
$100,000 to $149,9999.5% (±8.8 points)9.4%5.2%6.8%
$150,000 to $199,9994.7% (±3.6 points)12.8%8.1%9.0%
$200,000 to $299,99926.8% (±10.6 points)22.3%22.6%17.8%
$300,000 to $499,99921.1% (±9.3 points)27.0%36.9%26.9%
$500,000 to $999,99926.8% (±8.8 points)14.6%17.0%20.9%
$1,000,000 or more3.7% (±4.0 points)2.4%2.6%7.1%

The most common range is $200,000 to $299,999, 26.8% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Otto Township against Otter Tail County, its state and the nation

Estimate (90% margin of error)
Otto TownshipOtter Tail CountyMinnesotaUnited States
Median home value$310,300 (±$57,330)$273,000 (±$6,397)$329,300 (±$903)$332,700
Owner-occupied homes190 (±38)19,996 (±439)1,666,687 (±7,556)84,210,142

In Otto Township, the median home value is not measurably different from Otter Tail County ($273,000).

It is not measurably different from Minnesota ($329,300).

It is not measurably different from the national figure ($332,700).

In Otter Tail County, Otto Township ranks 36 of 81 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 780 of 2,558.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Otto Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$189,800 (±$30,832)$310,300 (±$57,330)+63.5%Up after inflation
Median owner cost with a mortgage$1,313 (±$94)$1,864 (±$123)+42.0%Up after inflation
Median real estate taxes$1,664 (±$204)$2,316 (±$357)+39.2%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Otto Township

Nearest places with a published estimate, compared with Otto Township
PlaceDistanceMedian home valueCompared with this place
Otto Township—$310,300 (±$57,330)—
New York Mills4.6 mi$166,300 (±$15,498)Lower
Leaf Lake Township5.6 mi$347,100 (±$33,655)Not measurably different
Newton Township5.8 mi$256,000 (±$42,198)Not measurably different
Pine Lake Township (Otter Tail County)6.2 mi$418,800 (±$71,070)Higher
Rush Lake Township6.3 mi$325,700 (±$25,133)Not measurably different
Ottertail6.7 mi$332,900 (±$44,428)Not measurably different
Deer Creek Township7.8 mi$286,800 (±$45,652)Not measurably different
Richville7.9 mi$156,300 (±$130,208)Lower

Nearby places with a measurably lower figure: New York Mills, MN ($166,300), Richville, MN ($156,300).

Nearby places with a measurably higher figure: Pine Lake Township (Otter Tail County), MN ($418,800).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Otter Tail County, place by place

RankPlaceMedian home value
30Maplewood Township$328,900 (±$61,300)
31Rush Lake Township$325,700 (±$25,133)
32St. Olaf Township$325,000 (±$89,556)
33Trondhjem Township$323,100 (±$54,040)
34Perham Township$319,800 (±$40,391)
35Effington Township$312,500 (±$46,775)
36Otto Township$310,300 (±$57,330)
37Fergus Falls Township$306,300 (±$29,895)
38Orwell Township$303,200 (±$80,945)
39Friberg Township$301,700 (±$44,747)
40Buse Township$298,500 (±$40,420)
41Norwegian Grove Township$294,400 (±$48,590)
42Tordenskjold Township$291,200 (±$31,504)

Showing 13 of 81 places in Otter Tail County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Otto Township

What is the average home value in Otto Township, MN?

The Census Bureau publishes the median: $310,300 (±$57,330) for owner-occupied homes in Otto Township (2020–2024 American Community Survey).

Have home values in Otto Township gone up?

In Otto Township, the median home value went from $189,800 in 2015–2019 to $310,300 in 2020–2024 (+63.5%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Otto Township sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Otto township, Otter Tail County, Minnesota (county subdivision:49264, in state:27 county:111).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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