Data as of February 2026. Source: Realtor.com.
The OTTER LAKE, MI real estate market (48464) currently shows 9 active listings, with 3 pending sales. Homes are averaging 34 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are selling faster, averaging 34 days on market compared to 50 days last year.
The median listing price has fallen 5.6% year-over-year, from $298,000 to $281,400.
Whether you are buying or selling in OTTER LAKE, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 1,999 · Density: 45.3/mi² · Median household income: $59,205
Typical home value: $157,045 · Homeownership: 92.9%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48464 | Otter Lake, MI 48464 | 0.0 mi | 9 | $2,628,747 | $297,400 | $292,083 |
| 48421 | Columbiaville, MI 48421 | 4.5 mi | 19 | $9,505,358 | $380,000 | $500,282 |
| 48746 | Millington, MI 48746 | 7.0 mi | 23 | $6,684,720 | $250,000 | $290,640 |
| 48461 | North Branch, MI 48461 | 10.7 mi | 22 | $6,311,536 | $240,000 | $286,888 |
| 48446 | Lapeer, MI 48446 | 12.0 mi | 62 | $38,914,486 | $325,900 | $627,653 |
| 48423 | Davison, MI 48423 | 13.1 mi | 76 | $23,769,836 | $299,900 | $312,761 |
| 48727 | Clifford, MI 48727 | 13.6 mi | 3 | $649,899 | $250,000 | $216,633 |
| 48458 | Mount Morris, MI 48458 | 14.8 mi | 49 | $7,392,091 | $118,000 | $150,859 |
| 48509 | Burton, MI 48509 | 16.1 mi | 37 | $7,905,124 | $199,900 | $213,652 |
| 48505 | Flint, MI 48505 | 17.0 mi | 58 | $2,152,786 | $32,900 | $37,117 |
| 48519 | Burton, MI 48519 | 18.4 mi | 23 | $5,185,442 | $209,900 | $225,454 |
| 48734 | Frankenmuth, MI 48734 | 18.9 mi | 23 | $9,418,822 | $351,000 | $409,514 |
| 48415 | Birch Run, MI 48415 | 19.6 mi | 18 | $6,833,142 | $265,000 | $379,619 |
As of February 2026, there are 9 active listings in OTTER LAKE, MI (zip code 48464), compared to 6 the prior year.
The median listing price in OTTER LAKE, MI 48464 is $281,400 as of February 2026, a 5.6% decrease from $298,000 the prior year.
Homes in OTTER LAKE, MI 48464 spend an average of 34 days on the market before going under contract, compared to 50 days the prior year.
Based on current inventory and days-on-market data as of February 2026, OTTER LAKE, MI 48464 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 34 days on market compared to 50 days last year.
With SELL123.com's maximum 3% commission, sellers in OTTER LAKE, MI 48464 save an estimated $5,628 compared to a typical 5% commission on the median listing price of $281,400. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.