Is Oak Harbor, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Oak Harbor has remained a Seller's Market.
Housing Prices in Oak Harbor, OH
How much do homes in Oak Harbor, OH cost?
Median Sold Price
$174,500
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Oak Harbor was $174,500 in April 2024, up 27.8% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $96.6K | $118K | +22.1% |
2 Bedrooms | $158K | $194.6K | +23.2% |
3 Bedrooms | $138.5K | $180K | +30.0% |
4 Bedrooms | $179.5K | $194.7K | +8.5% |
5+ Bedrooms | - | - | N/A |
Summary: Oak Harbor housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.1%, 2 bedroom homes increased by 23.2%, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Oak Harbor | $136.5K | $174.5K | +27.8% |
Salem Township | $150K | $175K | +16.7% |
Housing Supply in Oak Harbor, OH
How many homes are available in Oak Harbor, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
38 | 39 | +2.6% |
Summary: The Oak Harbor real estate market had 39 homes for sale in April 2024, a 2.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 9 | +28.6% |
2 Bedrooms | 11 | 10 | -9.1% |
3 Bedrooms | 17 | 18 | +5.9% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Oak Harbor housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 12 | +50.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Oak Harbor in April 2024, up by 50.0% month-over-month. Of the 12 sold homes, 67% were sold under asking, 8% were sold at asking, and 25% were sold over asking.
Days on Market for Oak Harbor, OH
How long does it take to sell a home in Oak Harbor, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
90 Days | 59 Days | -34.0% |
Summary: Homes in Oak Harbor had an average of 59 days on market in Apr 2024, down by 34% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Oak Harbor; 8% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.