Land Market Insights and Pricing in Otsego County, Michigan

Otsego County, Michigan, offers a captivating landscape for land buyers, characterized by its predominantly hilly and forested terrain. With over 370 lakes, including the expansive 1,972-acre Otsego Lake, the region boasts abundant water resources and diverse ecosystems. The county's 526 square miles encompass unique geological features like kettle lakes and the Grayling outwash plain, shaped by glacial activity. Forested areas provide opportunities for timber industry and outdoor recreation, while limited agricultural land exists in flatter sections. Major highways like I-75 and US-131 ensure good connectivity. Economically, Otsego County maintains a stable profile with a 4.5% unemployment rate and a median home price of $196,500, significantly below the national average. The county seat, Gaylord, serves as the primary economic hub, complemented by smaller communities like Vanderbilt and Waters, each offering distinct land investment possibilities.