Otter Tail Housing Market, MN
Last updated July 2026
As of the latest data, the typical home in Otter Tail is valued around $341K, up 6.0% over the past 12 months. The market is home to roughly 60K residents. Looking ahead, Curb Report's 12-month price forecast points to mixed signals, housing crash risk is moderate, rental cap rates run below market median, the overall Investment Score grades weak. Below you'll find Otter Tail's home prices, price forecast, crash and climate risk, property taxes, cap rate, and rental data, updated monthly from Zillow, the Census Bureau, FEMA, and 30+ sources. Create a free account to explore the full interactive map, or analyze a specific listing with Curb Check.
Median home value
$341K
1-year growth
+6.0%
Population
60K
12-mo forecast
Mixed signalsCrash risk
ModerateCap rate
Below market medianNet migration
-2
Affordability
84/100
Today
Aug 24, 2026 | every business day | US Treasury
10-year Treasury 4.70%, -4 bp. Mortgage pricing tracks this, so it is the piece of a Otter Tail purchase that actually moved today.
What today’s rate does to a Otter Tail payment →Dig into Otter Tail
Worried about a downturn? Is Otter Tail, MN going to crash?
Buying to rent? See the Otter Tail, MN cap rate
Otter Tail housing market FAQ
Is now a good time to buy in Otter Tail?
Curb Report's 12-month price forecast for Otter Tail currently points to mixed signals, with moderate housing crash risk. Create a free account to see the full forecast, the signals driving it, and historical trends before you buy.
What is the housing crash risk in Otter Tail?
Otter Tail's housing crash risk is currently moderate, based on price-to-income, inventory, days-on-market, and overvaluation signals. See the full Crash Risk breakdown and what's driving it on Curb Report.
What is the median home price in Otter Tail?
The typical home value in Otter Tail is about $341K, up 6.0% over the past year. Explore the full price history and 12-month forecast on Curb Report.
Is Otter Tail a good place to invest in rental property?
In Otter Tail, rental cap rates run below market median and the overall Investment Score grades weak. Use the Curb Check tool to paste any Zillow or Redfin listing and get instant cap rate, cash flow, and a risk read for that specific property.
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