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Oak Harbor, OH Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2021 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Oak Harbor, OH Housing Market Trends

With 2,807 people, 1,206 houses or apartments, and a median cost of homes of $188,471, house prices in Oak Harbor are solidly below the national average.

Single-family detached homes are the single most common housing type in Oak Harbor, accounting for 76.12% of the village's housing units. Other types of housing that are prevalent in Oak Harbor include large apartment complexes or high rise apartments ( 11.22%), duplexes, homes converted to apartments or other small apartment buildings ( 10.98%), and a few row houses and other attached homes ( 1.68%).

The most prevalent building size and type in Oak Harbor are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 61.03% owning and 38.97% renting.

The housing in Oak Harbor was primarily built before 1939 ( 38.78%), making the housing stock in Oak Harbor some of the oldest overall in America, although there is a range of ages of homes in Oak Harbor. The next most important housing age is between 1940-1969 ( 27.56%), followed by between 1970-1999 ( 18.35%). There's also some housing in Oak Harbor built between 2000 and later ( 15.30%).

Oak Harbor Home Appreciation Rates

Oak Harbor's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Oak Harbor during the period has been just 5.01%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Oak Harbor's appreciation rate, at 3.28%, has been at or slightly above the national average. In the latest quarter, Oak Harbor's appreciation rate has been 4.25%, which annualizes to a rate of 18.12%.

Importantly, this makes Oak Harbor one of the highest appreciating communities in the nation for the latest quarter, and may signal the village's near-future real estate investment strength.

Relative to Ohio, our data show that Oak Harbor's latest annual appreciation rate is lower than 60% of the other cities and towns in Ohio.

Average Home Values

Median Home Value

$188,471

Oak Harbor, OH Home Prices
> $1,294,000
$971,001 - $1,294,000
$647,001 - $971,000
$517,001 - $647,000
$388,001 - $517,000
$259,001 - $388,000
$129,001 - $259,000
$65,001 - $129,000
$0 - $65,000
0.0%
0.0%
0.0%
0.0%
1.5%
1.5%
0.0%
0.0%
4.2%
4.2%
15.6%
15.6%
51.7%
51.7%
25.4%
25.4%
1.7%
1.7%
0% 100.0%
% of Homes
Average

for Ohio

Low

for nation

Number of Homes And Apartments:

1,206

Oak Harbor Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,138 / per month

Homeownership Rate

Owners
Renters
Vacant
61.0%
61.0%
39.0%
39.0%
3.4%
3.4%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
15.3%
15.3%
18.3%
18.3%
27.6%
27.6%
38.8%
38.8%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
76.1%
76.1%
1.7%
1.7%
11.0%
11.0%
11.2%
11.2%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.7%
0.7%
8.2%
8.2%
22.4%
22.4%
38.7%
38.7%
26.5%
26.5%
3.5%
3.5%
0% 100.0%
% of Homes

Popular Neighborhoods in Oak Harbor

Zip Codes in Oak Harbor, OH