Is Ottawa Township, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ottawa Township is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Ottawa Township was a Seller's Market.

Key Takeaway

Ottawa Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Ottawa Township, OH

How much do homes in Ottawa Township, OH cost?

Median Sold Price

$210,000

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,400(+2.6%)

Key Takeaway

Homes in Ottawa Township have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Ottawa Township was $210,000 in November 2024, up 2.6% from last year, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $240.2K$176K
-26.7%
3 $190K$220K
+15.8%
4 $307.3K$210K
-31.7%
5+ --
N/A

Summary: Ottawa Township 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 decreased by 26.7%, 3 bedroom homes increased by 15.8%, 4 bedroom homes decreased by 31.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Ottawa Township
+2.6%
Ottawa
-1.9%

Housing Supply in Ottawa Township, OH

How many homes are available in Ottawa Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
68+33.3%

Summary: The Ottawa Township real estate market had 8 homes for sale in November 2024, a 33.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 13
+200.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Ottawa Township 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 remained the same, 3 bedroom homes increased by 200%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ottawa Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Ottawa Township in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Ottawa Township, OH

How long does it take to sell a home in Ottawa Township, OH?

Average Sale Time

Nov 2023Nov 2024CHANGE
32 Days39 Days+20.0%

Summary: Homes in Ottawa Township had an average of 39 days on market in Nov 2024, up by 20% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Ottawa Township has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Ottawa Township; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Ottawa Township, OH

Nearby Markets to Ottawa Township, OH