Saturday, November 11, 2006

Housing Report for Otter Tail County, Minnesota

Throughout the State of Minnesota, Otter Tail County stands 51 of 87 in terms of growth of new housing structures between 2001 and 2005. The county stands 1,245 of 3,141, comparing the percentage change in residential in other US counties.

Otter Tail County recorded median owner-occupied home value in the year 2000 of $84,000, published by the Decennial Census. This is less than the overall State of Minnesota 2000 home value of $122,400 and less than median owner-occupied dwelling value of $119,600 for the United States in the same year.

There seems to be a large amount of real estate that is affordable in Otter Tail County, Minnesota. In 2000, 74.9 percent of residential real estate was valued under $125,000.

In Otter Tail County, the census reported 35,357 housing units in the year 2005. This represents a growth in housing units, adding all together 1,155 residential units since 2001, or 3.4 percent.





Data Source: U.S. Census Bureau

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