“John is great to work with! Understands the markets and can explain step by step the process of selling.”
Century 21 FM Realty
- Agent Pronto
- Minnesota
- Ottertail
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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
Mar 1, 2026 - May 31, 2026
Median sale price
$532K
-37%
from
Q1 '26
Median list price
$273K
+19%
from
Q1 '26
Active listings
12
+20%
from
Q1 '26
Homes sold
3
+200%
from
Q1 '26
New pendings
4
+33%
from
Q1 '26
New listings
8
+100%
from
Q1 '26
Quarterly Pricing Trends for Ottertail
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Pricing Trends for Ottertail
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Pricing Trends for Ottertail
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Inventory and Sales Activity for Ottertail
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
Quarterly Inventory and Sales Activity for Ottertail
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
Quarterly Inventory and Sales Activity for Ottertail
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
30
Seller’s Market
Seller’s Market
Buyer’s Market
0
20
40
60
80
100
0
25
50
75
100
Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Mar 2026 - May 2026).
Inventory in Ottertail has loosened in the latest rolling three-month period, with active listings up about 10% year over year and months of supply rising to 9.6, more than doubling from a year ago. Contract activity is showing some life, as homes sold have inched higher compared with last year and pending sales are up nearly 35% year over year. New listings have also ticked up, suggesting more owners are testing the market even as it takes longer for many properties to find buyers.
Pricing has been adjusting to this higher supply. The typical home value over the rolling three-month window is down more than a third from a year ago, and the median list price has fallen by roughly half year over year. Even with these declines, sellers are still achieving close to their asking prices, with the average sale-to-list ratio just under 99%, though the share of homes selling above list has recently dropped to zero.
Homes are taking much longer to sell than they did a year ago, with the median days on market jumping to about 211 days in the current three-month view. This combination of softer prices, elevated supply, and selective buyers creates a nuanced environment where smart pricing and strategy matter. Buyers and sellers in Ottertail can both benefit from an experienced local agent, and Agent Pronto can help connect them with the right professional to navigate these conditions.
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.
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“Michele has been amazing to work with. She responds to questions very quickly, even late at night. Many times, she would watch my child for short periods of time so I could fully focus on the houses. She was also very punctual with any appointments and showings. Being a first time home buyer, it was really good to have someone that could "hold my hand" and help ease any anxieties. She helped us get our home which I hope we will love for many years. When we do decide to upgrade, we will be reaching out to Michele again. She's a wonderful person to work with.”
Realty Xperts
“Roger was great to work with. He gave no pressure to buy and was very knowledgeable on items we did not understand. We would recently his services to everyone.”
Century 21 Atwood
“I was in immediate need of housing. Stephanie was recommended by a friend who had just worked with her on a home purchase. Stephanie met with me to detail my housing requirements. She found a home that exceeded my needs and met a couple of my dreams in just a couple of days. From our initial meeting to closing was less than three weeks. There is only one word to describe Stephanie; PHENOMATASTIC!”
RE/MAX Advantage Plus
“Caitlin was great both times we worked with her; she was always on top of her game no matter what! She always replied fast to questions or comments, not that there were many of those, given how hands-on she was in explaining everything. She was incredibly knowledgeable about the entire process and had an answer for every question I sent her way. Not to mention how smooth she made the closing process, I thought that was going to be the biggest stressor, but she made it simpler than I thought possible for closing a house! I already absolutely recommend her to everyone I know and have no plans on changing that anytime soon!”
Vesta Real Estate Brokered by Exp Realty
“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!!”
Century 21 FM Realty
“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!”
RE/MAX Results
“We strongly recommend Larry Nielson for selling/buying your next home. He was very knowledgeable, confident and easy to work with.”
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!”
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.”
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.”
RE/MAX REMAX Results
“The team was efficient, thoughtful, disciplined and committed. The access to immediate contractor support was also helpful.”
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!”
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!”
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.”
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!”
Pemberton RE
“Amy was very helpful and knowledgeable. Everything went well.”
Keller Williams Premier Realty
“All went well. Carly was great and responded immediately to any inquiries.”
Messina & Associates
“Great job. Skip was great to work with.”
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!”
Coldwell Banker River Valley REALTORS
Frequently Asked Questions
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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.
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Choosing a real estate agent to help you buy or sell property is one of the most important decisions you’ll make in your lifetime. You want to make sure your agent is an expert in your area, has a proven record helping people buy and sell similar homes to yours, and is well regarded by their previous clients. Let us know a few details about the property you are selling or the kind of home you want to buy, and Agent Pronto will match you with trusted real estate agents that have the experience you need. And before you interview an agent, check out our top five questions to ask a buyer’s agent and listing agent.
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We consider performance metrics, close rates, specialties, and client reviews to qualify the best full-time agents. We then take the information you provide about the home you are selling or the kind of home you want to buy, and analyze the top local agents with the right experience for your specific needs. For more than a decade, we've helped hundreds of thousands of home buyers and sellers find the right agent. Get started now and find the perfect real estate agent.
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No. Agent Pronto is a free service for home buyers and sellers and you are under no obligation to work with our recommended agents. Find your Ottertail Realtor® or real estate agent today.