Is Ottawa Hills, 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, Ottawa Hills has remained a Seller's Market.
Housing Prices in Ottawa Hills, OH
How much do homes in Ottawa Hills, OH cost?
Median Sold Price
$377,450
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Ottawa Hills was $377,450 in March 2024, up 11.2% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $94K | $115K | +22.3% |
2 Bedrooms | $127K | $133.5K | +5.1% |
3 Bedrooms | $299.9K | $310K | +3.4% |
4 Bedrooms | $420K | $440K | +4.8% |
5+ Bedrooms | $635K | $675K | +6.3% |
Summary: Ottawa Hills housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.3%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 6.3%.
Median Sold Price Compared To Nearby Cities
Ottawa Hills | $339.5K | $377.4K | +11.2% |
Toledo | $115K | $123.7K | +7.5% |
Sylvania Township | $277.7K | $278K | 0.1% |
Housing Supply in Ottawa Hills, OH
How many homes are available in Ottawa Hills, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 25 | +38.9% |
Summary: The Ottawa Hills real estate market had 25 homes for sale in March 2024, a 38.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 5 | 7 | +40.0% |
4 Bedrooms | 7 | 9 | +28.6% |
5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Ottawa Hills 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 increased by 40%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 7 | +600.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Ottawa Hills in March 2024, up by 600.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
39 Days | 74 Days | +88.4% |
Summary: Homes in Ottawa Hills had an average of 74 days on market in Mar 2024, up by 88.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Ottawa Hills; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.