Otter Tail County, MN real estate

What the numbers say

Otter Tail County, MN real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

In September 2026, the median home in Otter Tail County listed for $399,900, down 3.0% from a year earlier. That is 5% above the Minnesota median of $379,900.

Homes spent a median of 77 days on the market, faster than 79 days a year ago. That makes Otter Tail County the #20 fastest-selling of 20 Minnesota counties we track.

Homeowners in Otter Tail County pay a median of $2,093 a year in property taxes on a median home value of $273,000, an effective rate of about 0.77%. The Minnesota average is 1.02%, which makes Otter Tail County the #11 lowest-tax of 87 counties in the state with published tax data.

Renters pay a median of $868 a month, and $918 for a two-bedroom. At today's prices a typical home costs about 38 times a year's rent, which generally favors renting over buying in the short term.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $400,000 home here comes to about $2,602 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $112,000 a year (the median household here earns $72,255).