Home Values

Ottawa County Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$165,300

  • 7.4% 1-year change
  • 1.4% 1-year forecast

The median home value in Ottawa County is $165,300. Ottawa County home values have gone up 7.4% over the past year and Zillow predicts they will rise 1.4% within the next year. The median list price per square foot in Ottawa County is $124, which is the same as the Holland Metro average of $124. The median price of homes currently listed in Ottawa County is $194,500 while the median price of homes that sold is $154,485. The median rent price in Ottawa County is $975, which is the same as the Holland Metro median of $975.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Ottawa County is 1.8%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Ottawa County homeowners underwater on their mortgage is 10.4%.

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Relative ZHVI
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Ottawa County Market Overview

Data through Dec 31, 2014
  • $165,300 ZHVI
  • 1.4% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Dec 31, 2015)
  • $194,500 Median listing price
  • $154,485 Median sale price
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Ottawa County Market Health

Data through Dec 31, 2014
  • 8.0/10 Very healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • 103 Average days on Zillow (Nov 30, 2014)
  • 10.4% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 1.8% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Cities in Ottawa County

Name Median ZHVI
Polkton Township $191,600
Tallmadge Township $189,400
Hudsonville $184,100
Name Median ZHVI
Grand Haven Township $170,500
Allendale Township $167,300
Zeeland Township $166,400
Name Median ZHVI
Jenison $155,800
Holland Township $151,100
Coopersville $131,900

Listings & Sales

Data through Dec 31, 2014
  • $124 Median list price / sq ft
  • $101 Median sale price / sq ft
  • 15.4% Listings with price cut
14.2%
Sold below listing
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Ottawa County Rentals

Data through Dec 31, 2014
  • 2.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $975 Rent list price
  • $0.77 Rent list price / sq ft
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