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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

Jul 1, 2026 - Sep 30, 2026

Median sale price
$236K
-13% from Q2 '26
Median list price
$329K
+28% from Q2 '26
Active listings
12
-14% from Q2 '26
Homes sold
4
No change from Q2 '26
New pendings
5
+67% from Q2 '26
New listings
4
-50% from Q2 '26

Quarterly Pricing Trends for Ottertail

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

Quarterly Pricing Trends for Ottertail Q4 '21 Q4 '22 Q4 '23 Q4 '24 Q4 '25 Q3 '26 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: $245K 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 sale price in Apr 2026 - Jun 2026: $270K Median sale price in Jul 2026 - Sep 2026: $236K 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: $330K 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: $340K Median list price in Jan 2026 - Mar 2026: $225K Median list price in Apr 2026 - Jun 2026: $257K Median list price in Jul 2026 - Sep 2026: $329K 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 $330K 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 $245K 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 $340K Oct 2025 - Dec 2025 Median sale price $588K Median list price Unknown Jan 2026 - Mar 2026 Median sale price $849K Median list price $225K Apr 2026 - Jun 2026 Median sale price $270K Median list price $257K Jul 2026 - Sep 2026 Median sale price $236K Median list price $329K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
24
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 (Jul 2026 - Sep 2026).

Inventory in Ottertail has tightened in this rolling three-month view, with active listings down almost one third from a year ago and now sitting at just 12 properties. New listings have also slowed significantly over the year, dropping by more than 40 percent to only 4. Even with leaner supply, homes are taking longer to move, as median days on market have climbed to 109, up sharply from the same period last year.

Contract activity shows a mixed picture. Homes sold over the past three months held steady at 4 compared with last quarter, yet they are still down from last year’s pace. Pending sales have risen strongly from early summer levels, reaching 5, but remain below year-ago counts, suggesting buyers are active but more selective.

Pricing has adjusted notably over the past year. The typical home value is down substantially year over year, and the median list price has eased slightly from last year despite a recent month-to-month bump. Sellers are also seeing less leverage at the negotiating table, with the average sale-to-list ratio dipping to just over 95 percent and no recent sales closing above list price. With months of supply down from a year ago but homes staying on the market longer, conditions can feel nuanced for both sides. Buyers and sellers in Ottertail can benefit from Agent Pronto’s help in finding an agent who understands these evolving 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.

“Peter was AMAZING!! He helped us from the beginning, and as first time homebuyers we didn’t know much about the process or what to expect, but he made sure to always inform us and help us in every way possible. He went above and beyond, always replying quick and with a kind spirit, sincerely if you’re looking for a realtor, there’s no one better than Peter”

Jelisbert ·

Photo of Peter Trinh
RE/MAX Advantage Plus
“Michele was incredible to work with again! This was our third time working with Michele in regards to buying/selling a home. As always, Michele was very professional, friendly, knowledgeable and punctual. She has helped us both with homes in the Fargo Moorhead West Fargo area and in MN lakes area. Michele has excellent communication skills, was proactive in sharing listings when buying home and in reaching out to potential buyers when selling a home. Michele also proactively communicated with us in all stages of the negiotiation process, offered helpful advice and advocated for us to get us a great deal. We would highly recommend asking Michele to be your realtor and have already recommended her to friends and family!”

Sheila · Pelican Rapids, MN

Photo of Michele Evert
Realty Xperts
“Excellent service from beginning to end. Was absolutely focused on the right investment for our family vs pushing a sale. Will use for all real estate needs moving forward.”

dylandavison j ·

Photo of Régan Englund Real Estate Group
Keller Williams Classic Realty NW
“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.”

Glen Swenson · Perham, MN

Photo of Roger Hahn
EXP Realty
“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!”

Tim Griffin · Moorhead, MN

Photo of Caitlin Wachsmuth
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!!”

Jim & Sheila Waclawik · Moorhead, MN

Photo of Rochelle Roesler
Century 21 FM Realty
“Steve was an all around professional to work with. We had a few unique situations to get through on the buying side, and he took the lead and reassured everything would work out. He also did a fantastic job of marketing our house to sell during the slowest January in 4 years. We had a ton of exposure and he helped find the lucky buyers! I would highly recommend working with Steve and the EXP team!”

john schad ·

Photo of Steve Eischens
eXp Realty
“Andrew was very professional and helped our family close on selling our family cabin in less than 4 days. Andrew gave A++ service while helping us from the start to the very end. I highly recommend using Andrew. Very knowledgeable! Chris Caspers”

zuser20190302131109945 ·

Photo of Andrew Yaggie
eXp Realty Andrew Yaggie Real Estate Team
“Jenn Johnson is a great agent! I worked with her on a previous purchase and now this purchase. She always represented us and our needs in a professional manner and with great dedication. She is knowledgeable, friendly, available and works tirelessly. If you are looking for an agent that will absolutely work for you and meet your needs and requirements than select Jenn.”

owlie gray ·

Photo of Jennifer Johnson
Park Co., REALTORS®
“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
“Dan is easy to work with. He is very responsive to calls, emails and texts. He was with me every step of the way from showing through closing. Dan works with Buyers and sellers and is also a great Pro to have on speed dial if you are an Investor in real estate. I purchased a primary residence using Dan, and have spoken to him about investment real estate and he is full of knowledge and experience.”

shane50787 ·

Photo of Dan Pflugshaupt
Lakeplace.com
“Jill Macnamara was unusual as a realtor...for all the right reasons. We've never had a realtor so attuned to the area and so eager to be the best. She worked so hard to sell our home, I felt like it was her home. It wasn't on the market much more than a week before it was snapped up. She staged it; literally brought in furniture and tasteful pictures and knickknacks; I wanted to move back in it looked so nice. She took her own photographs to get our house online early as a "Coming Soon" property, and her professional photographer then did a wonderful job; Jill even had him make a walkthrough video which was a real attention-getter. She knew local cleaners who were excellent (carpet, entire house) and who worked us into their busy schedule because Jill had recommended them. Even after our house sold, Jill was following up to make sure every document, every check, every little detail was complete and that we were satisfied. Wish all realtors were like this. Jill is a gem.”

casperkatherine ·

Photo of Jill Macnamara
RE/MAX Results

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.