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Otsego County Housing

 
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As of 2010-2014, median price of a house in Otsego County is $119,200, which is about the same as the state average of $120,200 and is lower than the national average of $175,700. The Otsego County median house value has grown by 16.29% since 2000. The growth rate for the price of a house in Otsego County is higher than the state average rate of 3.98% and is lower than the national average rate of 46.91%. The median year that a house in Otsego County was built is 1979, which is newer than the median year for a house built in the state which is 1969 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 7,729 Owner Occupied Houses in Otsego County, #26
Otsego County
119,200 USD
Michigan
120,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #52
Otsego County
16.29%
Michigan
3.98%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Otsego CountyMichiganU.S.
Total Housing Units14,756, see rank, 100%4,532,719132,741,033
Occupied Housing Units9,811, 66.49%, see rank84.45%87.55%
Owner Occupied7,729, 52.38%, see rank60.41%56.34%
Renter Occupied2,082, 14.11%, see rank24.04%31.21%
Vacant Housing Units4,945, 33.51%, see rank15.55%12.45%
For Rent93, 0.63%, see rank1.84%2.34%
For Sale Only178, 1.21%, see rank1.40%1.20%
Rented or Sold, Not Occupied60, 0.41%, see rank1.04%0.92%
For Seasonal, Recreational, or Occasional Use4,352, 29.49%, see rank6.26%3.97%
For Migrant Workers19, 0.13%, see rank0.05%0.03%
Other Vacant243, 1.65%, see rank4.96%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #9
Otsego CountyMichiganU.S.
197919691976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Otsego County%MichiganU.S.
Owner-Occupied Units7,729100%2,738,01274,787,460
With a Mortgage4,84962.74%, see rank63.63%65.58%
Without a Mortgage2,88037.26%, see rank36.37%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Otsego County
1,077 USD
Michigan
1,295 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsOtsego County%MichiganU.S.
$299 or Less270.56%, see rank0.19%0.20%
$300 to $4991903.92%, see rank1.88%1.59%
$500 to $69951710.66%, see rank6.65%5.01%
$700 to $9991,37328.32%, see rank19.56%14.32%
$1,000 to $1,4991,72335.53%, see rank34.69%27.90%
$1,500 to $1,99965413.49%, see rank20.06%20.35%
$2,000 to $2,9993096.37%, see rank12.84%19.52%
$3,000 or More561.15%, see rank4.13%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Otsego County
21.60% of the Total Income
Michigan
22.60% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Otsego County%MichiganU.S.
10% or Less3898.02%, see rank5.90%5.86%
10% to 20%1,81937.51%, see rank35.28%31.95%
20% to 30%1,29126.62%, see rank27.51%27.64%
30% to 40%62812.95%, see rank12.63%13.74%
40% or More70914.62%, see rank18.20%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Otsego County
422 USD
Michigan
463 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsOtsego County%MichiganU.S.
$199 or Less1986.88%, see rank4.74%7.76%
$200 to $29948516.84%, see rank12.46%14.70%
$300 to $4991,24843.33%, see rank40.41%34.63%
$500 to $69968023.61%, see rank25.95%21.16%
$700 or More2699.34%, see rank16.44%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Otsego County
12.60% of the Total Income
Michigan
13.40% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Otsego County%MichiganU.S.
10% or Less1,13439.38%, see rank35.33%40.19%
10% to 20%96033.33%, see rank33.76%31.47%
20% to 30%31811.04%, see rank13.39%12.24%
30% to 40%1896.56%, see rank6.18%5.64%
40% or More2689.31%, see rank9.99%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Otsego CountyMichiganU.S.
Total Housing Units14,756, 100%4,532,719132,741,033
1-unit, Detached12,176, 82.52%, see rank71.97%61.65%
1-unit, Attached194, 1.31%, see rank4.66%5.82%
2 Units201, 1.36%, see rank2.58%3.75%
3 or 4 Units196, 1.33%, see rank2.56%4.43%
5 to 9 Units237, 1.61%, see rank4.20%4.78%
10 or More Units373, 2.53%, see rank8.58%13.08%
Mobile Home, Boat, RV, Van, etc.1,379, 9.35%, see rank5.45%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Otsego CountyMichiganU.S.
Total Housing Units14,756, 100%4,532,719132,741,033
1 Room168, 1.14%, see rank1.24%1.95%
2 Rooms585, 3.96%, see rank1.78%2.48%
3 Rooms1,351, 9.16%, see rank7.14%9.13%
4 Rooms2,736, 18.54%, see rank14.38%16.60%
5 Rooms3,083, 20.89%, see rank21.00%20.41%
6 Rooms2,693, 18.25%, see rank20.07%18.06%
7 Rooms1,703, 11.54%, see rank13.45%12.27%
8 Rooms1,171, 7.94%, see rank9.27%8.48%
9 Rooms or More1,266, 8.58%, see rank11.67%10.60%
Median Rooms5.30, see rank5.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Otsego CountyMichiganU.S.
Total Housing Units14,756, 100%4,532,719132,741,033
No Bedroom184, 1.25%, see rank1.35%2.17%
1 Bedroom1,234, 8.36%, see rank9.11%11.16%
2 Bedrooms3,976, 26.94%, see rank26.33%26.69%
3 Bedrooms7,001, 47.45%, see rank43.93%39.70%
4 Bedrooms1,809, 12.26%, see rank15.80%16.05%
5 or More Bedrooms552, 3.74%, see rank3.47%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Otsego CountyMichiganU.S.
Total Housing Units9,811, 100%3,827,880116,211,092
Utility Gas4,884, 49.78%, see rank77.13%48.85%
Bottled, Tank, or LP Gas2,633, 26.84%, see rank8.48%4.86%
Electricity735, 7.49%, see rank8.30%36.68%
Fuel Oil, Kerosene, etc.188, 1.92%, see rank1.40%5.86%
Coal or Coke11, 0.11%, see rank0.03%0.12%
Wood1,148, 11.70%, see rank3.39%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel149, 1.52%, see rank0.86%0.47%
No Fuel Used63, 0.64%, see rank0.39%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalOtsego CountyMichiganU.S.
Occupied Units Paying Rent1,909, 100%1,028,83539,201,928
$199 or Less22, 1.15%, see rank1.86%1.50%
$200 to $299111, 5.81%, see rank3.88%3.18%
$300 to $499295, 15.45%, see rank9.32%7.37%
$500 to $699613, 32.11%, see rank23.63%16.01%
$700 to $999638, 33.42%, see rank35.23%29.17%
$1,000 to $1,499204, 10.69%, see rank20.17%26.88%
$1,500 to $1,99926, 1.36%, see rank3.85%9.79%
$2,000 or More0, 0.00%, see rank2.06%6.10%
Median$686, see rank$780$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Otsego CountyMichiganU.S.
Occupied Housing Units9,811, 100%3,827,880116,211,092
No Vehicles Available724, 7.38%, see rank7.97%9.12%
1 Vehicles Available3,099, 31.59%, see rank35.06%33.80%
2 Vehicles Available4,119, 41.98%, see rank38.45%37.48%
3 or More Vehicles Available1,869, 19.05%, see rank18.52%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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