Housing Prices in Ottawa Lake, MI
How much do homes in Ottawa Lake, MI cost?
Median List Price
$265,000
$158/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Ottawa Lake has decreased by 1.1% since last year.
Summary: The median home list price in Ottawa Lake was $265,000 in March 2024, down 1.1% from the previous year, and the median price per square foot was $158.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $115K | N/A |
| 2 Bedrooms | $145K | $210K | +44.8% |
| 3 Bedrooms | $254.9K | $265K | +4.0% |
| 4 Bedrooms | $329.9K | $277.4K | -15.9% |
| 5+ Bedrooms | $975.4K | $1.0M | +6.9% |
Summary: Ottawa Lake housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 44.8%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 15.9%, and 5+ bedroom homes increased by 6.9%.
Median List Price Compared To Nearby Cities
| Sylvania | $249.9K | $298.3K | +19.4% |
| Lambertville | $252.4K | $250K | -1.0% |
| Ottawa Lake | $267.9K | $265K | -1.1% |
| Whiteford Township | $275.9K | $257.5K | -6.7% |
Housing Supply in Ottawa Lake, MI
How many homes are available in Ottawa Lake, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Summary: The Ottawa Lake real estate market had 7 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Ottawa Lake housing inventory by bedroom type for March 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 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Days on Market for Ottawa Lake, MI
How long does it take to sell a home in Ottawa Lake, MI?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 240 Days | 277 Days | +15.7% |
Summary: Homes in Ottawa Lake had an average listing age of 277 days in Mar 2024, up by 15.7% compared to the previous year.
