The median home in Otter Lake, Michigan is valued at $223,132, up 6.3% year over year. Otter Lake is part of the Detroit-Warren-Dearborn, MI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$223,132

+6.3%

Prices rising — worse for buyers.

Affordability

Enter your income for Otter Lake.

Income (annual)

Down Payment

$44,626 on $223,132

Example: $75,000 household income. Change it above to see your own.

Affordable24.8% of income

Under the 28% guideline.

PITI$1,548

P/I24.8%

Afford$252K

Room+$29K

P&I $1,128Tax $286Ins $133

6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Michigan

Compare Otter Lake with other housing markets across Michigan.

Lake Angelus$1.66M Leland$1.1M Orchard Lake$914K Franklin$845K Lake Leelanau$832K Kewadin$811K Lakeside$800K Northport$758K

Full Detroit-Warren-Dearborn, MI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Detroit-Warren-Dearborn, MI metro.

View Detroit-Warren-Dearborn, MI metro

Weekly briefing

Every Monday — score changes, top movers, and what shifted. Free.

Otter Lake, MI