Housing market · ZIP 48464
Otter Lake, MI Home Prices & Forecast
Median value and 12-month outlook · as of April 2026
Median home value
$235,891
3-month+2.1%
6-month+6.7%
12-month+8.9%
Touse 12-month forecast
+0.7%
Projected median near $237,632 over the next 12 months
As of April 2026, the median home value in Otter Lake, MI (ZIP 48464) is $235,891. Prices are rising, up 8.9% over the past year. Touse's model projects a +0.7% change over the next 12 months, putting the median near $237,632.
Nearby areas in Lapeer
Estimates are derived from Zillow Research price history and Touse's forecasting model (LightGBM + Prophet). Forecasts are 12-month projections with inherent uncertainty, not guarantees, and are not financial advice. Confirm with a licensed professional before any decision.