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Ottertail real estate Market Report.

Information and statistics on the latest trends in the Ottertail real estate market. *

Latest Rolling 3-Month Snapshot

Feb 1, 2026 - Apr 30, 2026

Median sale price
$690K
-19% from Q1 '26
Median list price
$250K
+8.9% from Q1 '26
Active listings
11
+10% from Q1 '26
Homes sold
2
+100% from Q1 '26
New pendings
4
+33% from Q1 '26
New listings
6
+50% from Q1 '26

Quarterly Pricing Trends for Ottertail

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Ottertail Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Median sale price in Apr 2021 - Jun 2021: $132K Median sale price in Jul 2021 - Sep 2021: $215K Median sale price in Oct 2021 - Dec 2021: $580K Median sale price in Jan 2022 - Mar 2022: $244K Median sale price in Apr 2022 - Jun 2022: $340K Median sale price in Jul 2022 - Sep 2022: $243K Median sale price in Oct 2022 - Dec 2022: $500K Median sale price in Jan 2023 - Mar 2023: $30K Median sale price in Apr 2023 - Jun 2023: $251K Median sale price in Jul 2023 - Sep 2023: $300K Median sale price in Oct 2023 - Dec 2023: $794K Median sale price in Jan 2024 - Mar 2024: $330K Median sale price in Apr 2024 - Jun 2024: $415K Median sale price in Jul 2024 - Sep 2024: $193K Median sale price in Oct 2024 - Dec 2024: $400K Median sale price in Jan 2025 - Mar 2025: $678K Median sale price in Apr 2025 - Jun 2025: $520K Median sale price in Jul 2025 - Sep 2025: $385K Median sale price in Oct 2025 - Dec 2025: $588K Median sale price in Jan 2026 - Mar 2026: $849K Median list price in Apr 2021 - Jun 2021: $262K Median list price in Jul 2021 - Sep 2021: $262K Median list price in Oct 2021 - Dec 2021: $265K Median list price in Jan 2022 - Mar 2022: $400K Median list price in Apr 2022 - Jun 2022: $253K Median list price in Jul 2022 - Sep 2022: $355K Median list price in Oct 2022 - Dec 2022: $160K Median list price in Jan 2023 - Mar 2023: $279K Median list price in Apr 2023 - Jun 2023: $357K Median list price in Jul 2023 - Sep 2023: $300K Median list price in Oct 2023 - Dec 2023: $539K Median list price in Jan 2024 - Mar 2024: $360K Median list price in Apr 2024 - Jun 2024: $449K Median list price in Jul 2024 - Sep 2024: $380K Median list price in Oct 2024 - Dec 2024: $595K Median list price in Jan 2025 - Mar 2025: $578K Median list price in Apr 2025 - Jun 2025: $275K Median list price in Jul 2025 - Sep 2025: $392K Median list price in Jan 2026 - Mar 2026: $230K Apr 2021 - Jun 2021 Median sale price $132K Median list price $262K Jul 2021 - Sep 2021 Median sale price $215K Median list price $262K Oct 2021 - Dec 2021 Median sale price $580K Median list price $265K Jan 2022 - Mar 2022 Median sale price $244K Median list price $400K Apr 2022 - Jun 2022 Median sale price $340K Median list price $253K Jul 2022 - Sep 2022 Median sale price $243K Median list price $355K Oct 2022 - Dec 2022 Median sale price $500K Median list price $160K Jan 2023 - Mar 2023 Median sale price $30K Median list price $279K Apr 2023 - Jun 2023 Median sale price $251K Median list price $357K Jul 2023 - Sep 2023 Median sale price $300K Median list price $300K Oct 2023 - Dec 2023 Median sale price $794K Median list price $539K Jan 2024 - Mar 2024 Median sale price $330K Median list price $360K Apr 2024 - Jun 2024 Median sale price $415K Median list price $449K Jul 2024 - Sep 2024 Median sale price $193K Median list price $380K Oct 2024 - Dec 2024 Median sale price $400K Median list price $595K Jan 2025 - Mar 2025 Median sale price $678K Median list price $578K Apr 2025 - Jun 2025 Median sale price $520K Median list price $275K Jul 2025 - Sep 2025 Median sale price $385K Median list price $392K Oct 2025 - Dec 2025 Median sale price $588K Median list price Unknown Jan 2026 - Mar 2026 Median sale price $849K Median list price $230K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
28
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Feb 2026 - Apr 2026).

Ottertail’s rolling three-month data points to a small but active market. Active listings are up more than a third from a year ago, with 11 homes on the market and six new listings entering the pipeline. Contract activity has also picked up year over year, with homes sold and pending sales both trending higher even in a low-volume environment.

Pricing is showing mixed signals in response to these shifts. The typical home value over the latest three-month window is slightly higher than a year ago, yet the median list price is down sharply year over year, suggesting sellers are positioning homes more conservatively to attract buyers. At the same time, the average sale-to-list price ratio has improved by more than six percent compared with last year, indicating that when homes do sell, they are closing closer to asking prices.

Conditions on the ground remain unusual, with a median of 281 days on market over the rolling period and months of supply surging almost fivefold from a year earlier, even as the market is still labeled a seller’s market. No homes in the recent window sold above list price, a change from some prior periods when above-list sales were more common. With this mix of rising supply, shifting list prices, and evolving buyer behavior, both buyers and sellers in Ottertail can benefit from Agent Pronto’s help connecting with a local agent who understands these dynamics.



Learn more about what Ottertail has to offer.

Ottertail offers residents a welcoming, close-knit community with access to outdoor recreation, scenic lakes, local gatherings, and practical amenities that support everyday life.

Ottertail immediately stands apart from nearby hubs like Fergus Falls and Perham with its strong connection to lakeside living and year round recreation. Centered on the shores of Otter Tail Lake, the city blends small town familiarity with easy access to boating, fishing, and resort amenities that draw visitors from across the region.

Life here often revolves around the water and local gathering spots. Residents and visitors frequent The Otter Supper Club & Lodge and Betty’s Pantry for meals after a day on the lake, while nearby Otter Tail County Parks offer trails, beaches, and picnic areas. Families appreciate access to the Perham-Dent Public School District, and the Otter Tail County community network supports a wide range of services and events.

For current residents considering a move, Ottertail’s mix of lake homes, cabins, and year round residences requires a thoughtful pricing and staging strategy, especially before the peak summer season. Buyers exploring the area from places like Detroit Lakes or Wadena benefit from understanding shoreline regulations, seasonal access, and local market nuances.

Connecting with a knowledgeable local agent through Agent Pronto can help both buyers and sellers time their move, prepare effectively, and navigate Ottertail’s unique lakeside real estate opportunities with confidence.

Find your Ottertail real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“We highly recommend Rochelle Roesler to anyone looking for an experienced, trustworthy and very knowledgeable real estate agent. Her communication was amazing! She was super responsive by promptly answering all of our calls and emails. We always felt like we were top priority on her list. From our first meeting to the closing process, Rochelle was by our side. This level of dedication and sincerity is rare in the real estate industry. Rochelle's genuine care and dedication made our journey so much easier and enjoyable. In the end, we found the perfect buyers for our beautiful home. Thanks Rochelle!!”

Jim & Sheila Waclawik · Moorhead, MN

Photo of Rochelle Roesler
Century 21 FM Realty
“Michele did such an amazing job selling my house. Through every step of the way she explained the process, helped me understand what to expect, and advocated for me as the seller. I genuinely feel that Michele would have sold my house with the same level of care and attention if it had been a $5 million dollar home.”

Haley Kaspari · Fargo, ND

Photo of Michele Evert
Realty Xperts
“Caitlin was wonderful for my fiancee and I as we were looking for our first home! Caitlin was incredibly prompt and was able to answer all of the questions we had. She was very easy to work with and we'd recommend her to anyone!”

Taylor · Moorhead, MN

Photo of Caitlin Wachsmuth
Vesta Real Estate Brokered by Exp Realty
“We were very happy with the process of purchasing a new home and were always well informed. John made sure that our needs were met.”

Madonna Mayer · West Fargo, ND

Photo of John Colvin
Century 21 FM Realty
“Roger Hahn was fantastic to work with on buying our new home. He was always available and responded to our question in a timely manner. He is very friendly and not pushy. Would work with him again.”

Laurie Hoppe · New York Mills, MN

Photo of Roger Hahn
Century 21 Atwood
“Susan helped me sell my dad's house after he unexpectedly passed away in 2025. She was so kind and empathetic about my situation, and very patient as it took us months to empty the house before it was listed. But from the start she worked hard to get us the right resources and information. She was incredibly helpful during the selling process and gave great suggestions on price. She made the process pretty easy!”

Cyndi · Apple Valley, MN

Photo of Susan Jackson
RE/MAX Results
“We strongly recommend Larry Nielson for selling/buying your next home. He was very knowledgeable, confident and easy to work with.”

Fran & Lisa · Lake City, MN

Photo of Larry Nielson
Nielson Real Estate Services
“Becky was incredible to work with and helped us not only with the purchase of our home in Florida, but was a huge help through our whole process of moving from Minnesota and even assisted with finding a rental until we could find a place to build. Truly went above and beyond and took the time to really understand what we want. Highly recommend!”

Dustin · Lakewood Ranch, FL

Photo of Becky Gonzales
RE/MAX Profere
“Selling this house was particularly stressful with a few pitfalls. Marissa helped us navigate through them and stayed on top of the details. She always had our best interest in mind. We appreciate her persistence and will recommend her to our friends.”

Mary and Rick · Sauk Rapids, MN

Photo of Marissa Haakonson
Marissa Haakonson Real Estate brokered by eXp Realty
“I purchased my first home with the help of Heather Warner. From a quick google search of realators specializing in first time homebuyers I found the Barker Hedges team which led me to Heather. Leaning heavily on her experience I had unwavering faith in her to provide valuable consultation in all aspects of the house buying process. Strongly reccomend Heather to any homebuyers. She simplified the process for me tremedously and will was extremely honest in the house touring process. She will be a strong voice for you communicating at a very high level.”

Nate · Blaine, MN

Photo of Heather Warner
RE/MAX REMAX Results
“The team was efficient, thoughtful, disciplined and committed. The access to immediate contractor support was also helpful.”

PCG · Rochester, MN

Photo of Deanna Brumbaugh
RE/MAX Advantage Plus
“Jennifer was a pleasure to work with, along with being professional and educated on all aspects of the transaction. She was able to provide insight into the market and reacted to the situation. Plus we had lots of fun working together!”

Diane Smith · Tampa, FL

Photo of Jenny Dedrick
exp realty
“Noah provided excellent pictures/media/decsriptions. He was very strategic in marketing my house and I was able to receive more than my asking price. Noah was very responsive and reassuring throughout the whole process. Highly, Highly Recommended!”

Pam Geyer · Little Falls, MN

Photo of Noah Goedker
eXp Realty
“I had an exceptional experience working with my real estate agent in selling my house in Plymouth, Minnesota. He provided invaluable advice on repairs, staging, and pricing, ensuring that every aspect of the sale was optimized. He even took the time to show me comparable properties, helping me determine the best listing price. Thanks to his expertise and dedication, I’m taking the time to leave reviews on multiple websites. I couldn’t have asked for a better realtor.”

Josh · Plymouth, MN

Photo of Minnesota Property Group
RE/MAX Results
“Shari was wonderful to work with. We have known each other for years but never worked together in this capacity. It is very obvious how much she loves her job! She was knowledgable and took my needs into consideation throughout the whole process. It was wonderful to work with her!”

Michele Berndt · Albertville, MN

Photo of Shari McGuire
Pemberton RE
“Amy was very helpful and knowledgeable. Everything went well.”

Barbara S. · Minneapolis, MN

Photo of Amy Westerlund
Keller Williams Premier Realty
“All went well. Carly was great and responded immediately to any inquiries.”

Alan N. · Duluth, MN

Photo of Carly Gosar
Messina & Associates
“Great job. Skip was great to work with.”

Mary C. · St. Cloud, MN

Photo of Skip Halverson
RE/MAX Results
“Chad Luscomb was very polite, helpful, knowledgeable and professional. I would recommend him in a heartbeat to anyone looking to sell a home!”

Eric K. · Mankato, MN

Photo of Chad Luscomb
Coldwell Banker River Valley REALTORS
“I was pleasantly surprised when I only had 1 phone call from realtors. My realtor (Jeremy) was amazing. I believe his commitment is what sold the house. He was very fluent in keeping in touch and letting me know what was happening.”

Tammey A. · Coon Rapids, MN

Photo of Jeremy Ellingson
RE/MAX Advantage Plus

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Ottertail. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.