The median home value in Otter Lake, MI is $273,500. This is higher than the county median home value of $246,100. The national median home value is $338,100. The average price of homes sold in Otter Lake, MI is $273,500. Approximately 57.04% of Otter Lake homes are owned, compared to 3.87% rented, while 39.09% are vacant. Otter Lake real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Otter Lake real estate agent to arrange a tour today!
Otter Lake, Michigan has a population of 388. Otter Lake is less family-centric than the surrounding county with 18.89% of the households containing married families with children. The county average for households married with children is 27.63%.
The median household income in Otter Lake, Michigan is $42,292. The median household income for the surrounding county is $69,194 compared to the national median of $69,021. The median age of people living in Otter Lake is 49.4 years.
The average high temperature in July is 82 degrees, with an average low temperature in January of 14.7 degrees. The average rainfall is approximately 33.7 inches per year, with 37.5 inches of snow per year.