Is Oak Harbor, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Oak Harbor has remained a Seller's Market.
Housing Prices in Oak Harbor, OH
How much do homes in Oak Harbor, OH cost?
Median Sold Price
$169,500
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Oak Harbor was $169,500 in March 2024, up 20.2% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $95K | $118K | +24.2% |
2 Bedrooms | $159K | $190K | +19.5% |
3 Bedrooms | $145K | $178.4K | +23.0% |
4 Bedrooms | $179.5K | $196K | +9.2% |
5+ Bedrooms | - | - | N/A |
Summary: Oak Harbor housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.2%, 2 bedroom homes increased by 19.5%, 3 bedroom homes increased by 23%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Oak Harbor | $141K | $169.5K | +20.2% |
Salem Township | $149.5K | $175K | +17.1% |
Housing Supply in Oak Harbor, OH
How many homes are available in Oak Harbor, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
28 | 38 | +35.7% |
Summary: The Oak Harbor real estate market had 38 homes for sale in March 2024, a 35.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 7 | +40.0% |
2 Bedrooms | 9 | 11 | +22.2% |
3 Bedrooms | 11 | 18 | +63.6% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Oak Harbor housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 63.6%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 7 | +75.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Oak Harbor in March 2024, up by 75.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for Oak Harbor, OH
How long does it take to sell a home in Oak Harbor, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
55 Days | 99 Days | +78.6% |
Summary: Homes in Oak Harbor had an average of 99 days on market in Mar 2024, up by 78.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Oak Harbor; 43% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.