Point Place Housing Market Report January 2025•Lucas County, Ohio

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Housing Prices in Point Place, OH

How much do homes in Point Place, OH cost?

Housing Market Conditions

Is Point Place, OH a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Point Place is a Seller's Market

Difference Since January 2024

Since last year, Point Place has remained a Seller's Market.

Insight

Point Place is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$161,000$127/SqFt
+$18,000
+12.6%

Based on all homes sold in the last 12 months

Insight

Homes in Point Place have sold for 12.6% more than they did a year ago.

Summary: The median home sold price in Point Place was $161,000 in January 2025, up 12.6% from last year, and the median price per square foot was $127.

Median Sold Price By Neighborhoods

Median Sold Price By Neighborhoods
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
North River
+20.3%
Point Place
+12.6%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1$48.7K$76K
+55.9%
2$101K$124.5K
+23.3%
3$144.9K$161K
+11.1%
4$185K$232.5K
+25.7%
5$119K$335K
+181.5%

Summary: Point Place housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +55.9%. The home price for 2 bedroom homes increased by +23.3%. The home price for 3 bedroom homes increased by +11.1%. The home price for 4 bedroom homes increased by +25.7%. The home price for 5 bedroom homes increased by +181.5%.

Housing supply in Point Place, OH

How many homes are available in Point Place, OH?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
50Last MonthJan 2025
432 months agoDec 2024
+16.3 %
Change MoMDec – Jan

Summary: The Point Place real estate market had 50 homes for sale in Jan 2025, a 16.3 % increase compared to Dec 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
9Last MonthJan 2025
132 months agoDec 2024
-30.8 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
100
0.0%
2611
+83.3%
466
0.0%
511
0.0%
33032
+6.7%

Summary: Point Place housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +83.3%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +6.7%.

Asking Price vs. Sold Price

How much do homes in Point Place, OH cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price2 Homes

At Asking Price4 Homes

Under Asking Price3 Homes

Insight

If you're buying a home in Point Place, expect to pay close to the asking price. 44.4% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in Point Place in January 2025, down by 30.8% month-over-month. Of the 9 sold homes, 33% were sold under asking, 44% were sold at asking, and and 22% were sold over asking.

Days on Market for Point Place, OH

How long does it take to sell a home in Point Place, OH?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days6 Homes

Over 90 Days2 Homes

Insight

Avg time on Rocket Homes in Point Place has remained consistent over time.

Summary: During January 2025, 9 homes were sold in Point Place; 11% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
68 DaysThis YearJan 2025
86 Days1 year agoJan 2024
-20.9 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in Point Place had an average listing age of 68 days in Jan 2025, down by 20.9% compared to the previous year.

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Newest Listings in Point Place, OH

What homes are available in Point Place, OH?

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MLS Disclaimers and Copyright

Based on information from Northwest Ohio Real Estate Information Systems, for the period 02/01/2023 - 02/01/2025

IDX Copyright 2025 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site.

Information deemed reliable but not guaranteed to be accurate. The broker providing these data believes them to be correct but advises interested parties to confirm them before relying on them in a purchase decision. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/25/2025, 10:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.