The housing market in Ottawa, OH is thriving. The median value of a house in the area is $240,900, which is significantly lower than the US House Median Value of $338,100. Despite this difference, the past year has seen an impressive 8.69% appreciation in housing values in Ottawa, OH compared to 8.27% for the entirety of the US housing market. This indicates that Ottawa is experiencing strong growth as buyers are attracted to the area's relatively low prices and good investment potential.
The median home cost in Ottawa is $240,900. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Ottawa is up 11.9%.
Average Age of Homes
- The median age of Ottawa real estate is 44 years old
The Rental Market in Ottawa
- Renters make up 28.8% of the Ottawa population
- 0.0% of houses and apartments in Ottawa, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.