$2,375 Closing Credit*
$200,000
5,856 SqFt
Listing Office: Beth Rose Real Estate & Auctio
Is Ottawa Hills, 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 Hills has remained a Seller's Market.
Key Takeaway
Ottawa Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ottawa Hills, OH
How much do homes in Ottawa Hills, OH cost?
Median Sold Price
$365,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$9,950(-2.7%)
Key Takeaway
Homes in Ottawa Hills have sold for 2.7% less than they did a year ago.
Summary: The median home sold price in Ottawa Hills was $365,000 in November 2024, down 2.7% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | - | N/A |
| 2 Bedrooms | $132K | $177.4K | +34.4% |
| 3 Bedrooms | $294.9K | $305K | +3.4% |
| 4 Bedrooms | $474K | $380K | -19.8% |
| 5+ Bedrooms | $690K | $681.2K | -1.3% |
Summary: Ottawa Hills housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 34.4%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 19.8%, and 5+ bedroom homes decreased by 1.3%.
Median Sold Price Compared To Nearby Cities
| Toledo | $119.9K | $132.6K | +10.6% |
| Sylvania Township | $280.8K | $295K | +5.1% |
| Ottawa Hills | $374.9K | $365K | -2.7% |
Housing Supply in Ottawa Hills, OH
How many homes are available in Ottawa Hills, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 14 | +16.7% |
Summary: The Ottawa Hills real estate market had 14 homes for sale in November 2024, a 16.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 3 | 1 | -66.7% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Ottawa Hills 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 100%, 3 bedroom homes decreased by 66.7%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Ottawa Hills, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Ottawa Hills in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Ottawa Hills, OH
How long does it take to sell a home in Ottawa Hills, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 91 Days | 67 Days | -26.3% |
Summary: Homes in Ottawa Hills had an average of 67 days on market in Nov 2024, down by 26.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Ottawa Hills has remained consistent over time.
Summary: During November 2024, 4 homes were sold in Ottawa Hills; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Copyright 2024 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site.