Current Price

$360,407

1 Month Forecast

â–² $368,321

1-Year Forecast *

â–² $386,744

5-Year Forecast *

â–² $435,248

"Is it a good time to buy homes in Ottertail?" "Does investing in real estate in Ottertail (Minnesota State, Otter Tail County) worth it?" According to our live Forecast System, buying a house in Ottertail is a acceptable short-term (1-year) investment*. The Ottertail average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Ottertail" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Ottertail in Minnesota State, Otter Tail County. If you are looking for homes for sale with good flipping profit, Ottertail can be a profitable property investment option. The median price of an average house in Ottertail was 360,407 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Ottertail" area is 435,248 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +20.77% meaning that investing 100000 USD today may yield a profit of 20,766 USD by 2031.

Current Median Listing Price: 360,407 USD Median Listing Price Per Square Foot: 200 USD

Ottertail Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Ottertail (Minnesota State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Ottertail Price Target

Ottertail median home price target in 12 months: $386,744* (upside of 7.3%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $365,414 $366,691 $364,373 $366,691
2024 $341,221 $360,407 $340,536 $362,600
2023 $327,007 $341,144 $327,007 $341,144
2022 $308,190 $327,663 $308,190 $333,516
2021 $262,911 $305,718 $262,911 $305,718
2020 $231,923 $258,529 $231,923 $258,529
2019 $217,030 $231,405 $217,030 $231,405
2018 $204,508 $215,422 $204,508 $215,422
2017 $195,936 $203,759 $195,936 $203,759
2016 $187,122 $194,440 $187,122 $194,440
2015 $179,833 $185,596 $179,833 $185,596
2014 $177,763 $179,685 $177,763 $180,307
2013 $177,599 $177,058 $175,796 $177,718
2012 $170,934 $177,000 $170,480 $177,000

Questions & Answers about the Ottertail Housing Market Forecast

How much does an average home cost in Ottertail today?

The value of an average home (the listing price) in Ottertail is $360,407 USD.

What is the average price per square foot in Ottertail?

According to Walletinvestor the median price per square foot in Ottertail is 200 USD.

Will the median listing price of homes in Ottertail grow / rise / go up?

Yes. The Ottertail home prices may rise from 360,407 USD to 386,744 USD in one year.

Is it profitable to invest in Ottertail homes?

Yes. The long-term profit potential is +7.31% in one year.

Will Ottertail house prices fall / drop?

No. See above.

What is the predicted price of a Ottertail home in 2030?

The predicted home sales price of a Ottertail home in 2030 in Ottertail is 417,414 USD.

What is the predicted price of a Ottertail home in 2035?

The predicted home sales price of a Ottertail home in 2035 in Ottertail is 489,835 USD.

Will real estate prices decrease in Ottertail?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Ottertail is the 15824. largest city in the United States, located in Minnesota State.

During the last 12 months the real estate prices in Otter Tail, Ottertail decreased, looking at the past 12 months.

According to Walletinvestor's Ottertail real estate market research, home values will increase in the next 12 months.

Median home values decreased by 1.089% to 360,407 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 5.698% in 2021
  • 6.358% in 2022
  • 6.058% in 2023
  • 6.548% in 2024
  • 8.828% in 2025
  • 5.628% in 2026

Based on our Ottertail real estate market research and report the predicted sales prices will increase by 102.444% in the next 10 years.

Over the last 12 months, the value of homes in Ottertail fluctuated: increasing 4 times .

Ottertail (Minnesota) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Ottertail Housing Market Forecast with Real Estate Prices for 2025
August 2025 368321 349537 387106
September 2025 369959 335553 404365
October 2025 371604 350051 393157
November 2025 373257 352728 393786
December 2025 374917 350547 399286
Ottertail Housing Market Forecast with Real Estate Prices for 2026
January 2026 376584 344198 408970
February 2026 378259 359346 397171
March 2026 379941 359804 400077
April 2026 381630 352245 411016
May 2026 383327 363011 403643
June 2026 385032 365780 404283
July 2026 386744 355418 418070
August 2026 388464 355833 421095
September 2026 390191 362488 417895
October 2026 391926 357437 426416
November 2026 393669 370443 416896
December 2026 395377 371654 419099
Ottertail Housing Market Forecast with Real Estate Prices for 2027
January 2027 394547 367323 421770
February 2027 393718 357496 429940
March 2027 392892 367354 418430
April 2027 392067 357957 426177
May 2027 391282 357632 424933
June 2027 392044 370089 413998
July 2027 393263 363375 423151
August 2027 394530 369675 419386
September 2027 396285 359826 432743
October 2027 398047 363019 433075
November 2027 399817 377827 421807
December 2027 401402 374910 427895
Ottertail Housing Market Forecast with Real Estate Prices for 2028
January 2028 403042 382890 423195
February 2028 403991 367632 440350
March 2028 405122 369876 440368
April 2028 405707 365136 446277
May 2028 405798 368059 443537
June 2028 404984 380280 429688
July 2028 405710 370819 440601
August 2028 407514 375320 439707
September 2028 409326 381082 437569
October 2028 411146 374554 447738
November 2028 412974 381588 444360
December 2028 414811 388263 441359
Ottertail Housing Market Forecast with Real Estate Prices for 2029
January 2029 416655 393323 439988
February 2029 418508 384609 452407
March 2029 417630 383802 451458
April 2029 416753 382996 450510
May 2029 418606 380513 456699
June 2029 418055 387119 448992
July 2029 417414 382769 452060
August 2029 418178 389324 447032
September 2029 418891 386217 451564
October 2029 419010 384232 453788
November 2029 420069 397386 442753
December 2029 421937 384385 459490
Ottertail Housing Market Forecast with Real Estate Prices for 2030
January 2030 423814 381856 465771
February 2030 425698 389940 461457
March 2030 427591 387398 467785
April 2030 429493 407159 451826
May 2030 431402 399479 463326
June 2030 433321 399955 466687
July 2030 435248 408262 462233
August 2030 437183 412701 461666
September 2030 439127 406193 472062
October 2030 441080 414174 467986
November 2030 443042 416902 469181
December 2030 445012 414306 475717
Ottertail Housing Market Forecast with Real Estate Prices for 2031
January 2031 446991 407208 486773
February 2031 448978 415754 482203
March 2031 450975 409485 492464
April 2031 452931 426661 479201
May 2031 451980 408138 495822
June 2031 451031 410889 491173
July 2031 450084 425780 474389
August 2031 449139 407370 490909
September 2031 448240 425380 471101
October 2031 449113 416777 481449
November 2031 450510 422128 478892
December 2031 451961 423036 480887
Ottertail Housing Market Forecast with Real Estate Prices for 2032
January 2032 453971 418561 489381
February 2032 455990 425438 486541
March 2032 458017 417254 498781
April 2032 459833 416149 503518
May 2032 461713 422467 500958
June 2032 462799 419296 506302
July 2032 464095 431608 496581

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.