Construction Value
$95.5M ▲ 34.1%
Units Permitted
243 ▲ 11%
Avg Value / Unit
$393K
2024 · Census Bureau Building Permits Survey
Construction activity in Otsego jumped in 2024, up 11% from the prior year with 243 housing units permitted. At $393K per unit, new builds are running 25% above the Wright County average of $314K, pointing to higher-end construction. Volume is 684% above the county average of 31 units, suggesting faster-than-typical growth. 5.8% of new units were multi-family (apartments, condos, duplexes).
Housing Mixi
Development Densityi
Units per building permitted
Mostly single-family with some small multi-unit buildings.
Construction Intensityi
$4K
per resident
County avg: $3K+42%
$3.2M
per square mile
Otsego vs. Wright County Averagei
Where the Money Goesi
Construction value by housing type (2024)
| Type | Units | Bldgs | Value | Share |
|---|---|---|---|---|
| ■ Single-Family | 229 | 229 | $92.4M | 97% |
| ■ Duplex | 0 | 0 | — | 0% |
| ■ 3-4 Unit | 0 | 0 | — | 0% |
| ■ 5+ Unit | 14 | 2 | $3.1M | 3% |
County Ranking by Construction Volume
Among 16 permit-issuing towns in Wright County
Historical trends, year-over-year analysis, and full permit history available with a paid plan. See products & pricing →