$4,299 Closing Credit*
$362,000
1,535 SqFt
2 Beds
•2 Full Baths
Kyle M Recker, Listing Office: Howard Hanna - Port Clinton
Is Ottawa County, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Ottawa County has remained a Seller's Market.
Key Takeaway
Ottawa County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ottawa County, OH
How much do homes in Ottawa County, OH cost?
Median Sold Price
$277,500
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$24,150(+9.5%)
Key Takeaway
Homes in Ottawa County have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in Ottawa County was $277,500 in November 2024, up 9.5% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $127.5K | $167K | +31.0% |
| 2 Bedrooms | $207.7K | $230K | +10.7% |
| 3 Bedrooms | $253.8K | $312K | +22.9% |
| 4 Bedrooms | $379.7K | $356.7K | -6.1% |
| 5+ Bedrooms | $389.5K | $690.4K | +77.3% |
Summary: Ottawa County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 22.9%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes increased by 77.3%.
Median Sold Price Compared To Nearby Counties
| Ottawa County | $253.3K | $277.5K | +9.5% |
| Lucas County | $153.2K | $167.5K | +9.3% |
| Wood County | $259.9K | $274.5K | +5.6% |
| Sandusky County | $155.1K | $160K | +3.2% |
Housing Supply in Ottawa County, OH
How many homes are available in Ottawa County, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 254 | 256 | +0.8% |
Summary: The Ottawa County real estate market had 256 homes for sale in November 2024, a 0.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 12 | 0.0% |
| 2 Bedrooms | 57 | 60 | +5.3% |
| 3 Bedrooms | 125 | 127 | +1.6% |
| 4 Bedrooms | 44 | 44 | 0.0% |
| 5+ Bedrooms | 16 | 13 | -18.8% |
Summary: The Ottawa County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 1.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 18.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 43 | -17.3% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ottawa County, you may be able to get a good deal. 67.4% of homes here sold below asking price last month.
Summary: A total of 43 homes were sold or pending in Ottawa County in November 2024, down by 17.3% month-over-month. Of the 43 sold homes, 67% were sold under asking, 14% were sold at asking, and 19% were sold over asking.
Days on Market for Ottawa County, OH
How long does it take to sell a home in Ottawa County, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 67 Days | 78 Days | +16.0% |
Summary: Homes in Ottawa County had an average of 78 days on market in Nov 2024, up by 16% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Ottawa County has remained consistent over time.
Summary: During November 2024, 43 homes were sold in Ottawa County; 12% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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