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OTTAWA LAKE, MI 49267

Real Estate Market Report  ·  Monroe County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The OTTAWA LAKE, MI real estate market (49267) currently shows 10 active listings, with 3 pending sales. Homes are averaging 58 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 58 days on market compared to 57 days last year.

The median listing price has fallen 21.7% year-over-year, from $399,900 to $312,950.

Whether you are buying or selling in OTTAWA LAKE, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 4,024  ·  Density: 39.9/mi²  ·  Median household income: $89,006

Typical home value: $227,316  ·  Homeownership: 90.7%

Market Overview

Active Listings
10
⇧ 42.9% vs 7 last year
Pending
3
30% pending ratio
Median Price
$312,950
⇩ 21.7% vs $399,900 last year
Average Price
$416,183
⇩ 24.5% vs $550,933 last year
Days on Market
58
⇧ 1.8% vs 57 days last year

Price Per Square Foot

Median $/sqft
$179
⇩ 14.8% vs $210/sqft last year
Median Home Size
1,879 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 10 this year vs 7 last year
  • Days on market: 58 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $312,950 (-21.7% YoY)
  • Average: $416,183 (-24.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 12.2 miles — 379 listings ($76,224,826 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49267Ottawa Lake, MI 492670.0 mi10$4,410,540$279,950$441,054
48144Lambertville, MI 481444.9 mi23$9,896,302$406,200$430,274
43617Toledo, OH 436176.6 mi16$8,508,784$486,950$531,799
43504Berkey, OH 435047.3 mi1$449,900$449,900$449,900
49270Petersburg, MI 492707.8 mi12$4,060,656$252,400$338,388
43615Toledo, OH 436158.0 mi66$15,537,984$167,225$235,424
49228Blissfield, MI 492288.7 mi12$2,260,440$189,900$188,370
43612Toledo, OH 436129.6 mi96$11,333,856$117,925$118,061
43610Toledo, OH 4361010.1 mi12$973,260$67,450$81,105
43620Toledo, OH 4362010.9 mi10$1,410,860$143,725$141,086
43608Toledo, OH 4360811.4 mi68$4,380,968$68,425$64,426
43614Toledo, OH 4361411.9 mi51$12,371,376$223,475$242,576
43540Metamora, OH 4354012.2 mi2$629,900$314,950$314,950

Frequently Asked Questions

How many homes are for sale in OTTAWA LAKE, MI 49267?

As of March 2026, there are 10 active listings in OTTAWA LAKE, MI (zip code 49267), compared to 7 the prior year.

What is the median home price in OTTAWA LAKE, MI 49267?

The median listing price in OTTAWA LAKE, MI 49267 is $312,950 as of March 2026, a 21.7% decrease from $399,900 the prior year.

How long do homes stay on the market in OTTAWA LAKE, MI?

Homes in OTTAWA LAKE, MI 49267 spend an average of 58 days on the market before going under contract, compared to 57 days the prior year.

Is it a seller's or buyer's market in OTTAWA LAKE, MI 49267?

Based on current inventory and days-on-market data as of March 2026, OTTAWA LAKE, MI 49267 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 58 days on market compared to 57 days last year.

How much can I save on real estate commission in OTTAWA LAKE, MI?

With SELL123.com's maximum 3% commission, sellers in OTTAWA LAKE, MI 49267 save an estimated $6,259 compared to a typical 5% commission on the median listing price of $312,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.