$3,384 Closing Credit*
$285,000
2,842 SqFt
4 Beds
•3 Full Baths, 1 Partial
Listing Office: Effler Schmitt Co
Is Ottawa Hills, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$373,450
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$11,104(+3.1%)
Key Takeaway
Homes in Ottawa Hills have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in Ottawa Hills was $373,450 in October 2024, up 3.1% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | - | N/A |
| 2 Bedrooms | $142.5K | $143.9K | +1.0% |
| 3 Bedrooms | $290K | $310K | +6.9% |
| 4 Bedrooms | $465K | $380K | -18.3% |
| 5+ Bedrooms | $651.8K | $681.2K | +4.5% |
Summary: Ottawa Hills housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 18.3%, and 5+ bedroom homes increased by 4.5%.
Median Sold Price Compared To Nearby Cities
| Sylvania Township | $275K | $299.9K | +9.1% |
| Toledo | $119.9K | $130K | +8.4% |
| Ottawa Hills | $362.3K | $373.4K | +3.1% |
Housing Supply in Ottawa Hills, OH
How many homes are available in Ottawa Hills, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 13 | -23.5% |
Summary: The Ottawa Hills real estate market had 13 homes for sale in October 2024, a 23.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Ottawa Hills housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ottawa Hills, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Ottawa Hills in October 2024, down by 40.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 37 Days | 43 Days | +16.1% |
Summary: Homes in Ottawa Hills had an average of 43 days on market in Oct 2024, up by 16.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Ottawa Hills has remained consistent over time.
Summary: During October 2024, 3 homes were sold in Ottawa Hills; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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.