Why Live in Montpelier
Montpelier is a typical northwest Ohio village. A diverse collection of older homes, some that date to the 19th century, anchor the residential settings and provide a foundation for the community’s small-town charm. The closest big cities are more than an hour away, but roughly 3,800 residents have everything they need. Montpelier has its own school district, a popular recreational complex and plenty of stores and restaurants. “It’s close-knit community with a hometown feel that is still self-sustaining,” says Matthew Watson of RE/MAX Preferred Associates, who has sold several homes in Montpelier. The Colonial influence is prominent among the housing options. Other notable styles include Tudor, Victorian and farmhouse. The older homes are concentrated in the heart of town, while midcentury ranch-style homes tend to be on the outskirts. Because of this, the ranch-style homes offer more spacious lots. Contemporary homes built in recent years can also be found. Prices typically range from around $50,000 for an older fixer-upper to about $350,000 for an acreage home outside the city limits. The median price is about $140,000. “Affordability, for sure,” says Watson, of one of the
Home Trends in Montpelier, OH
On average, homes in Montpelier, OH sell after 96 days on the market compared to the national average of 69 days. The median sale price for homes in Montpelier, OH over the last 12 months is $230,000, down 51% from the median home sale price over the previous 12 months.
Median Sale Price
$230,000
Median Single Family Sale Price
$230,000
Average Price Per Sq Ft
$112
Number of Homes for Sale
0
Last 12 months Home Sales
31
Median List Price
$345,000
Median Change From 1st List Price
33%
Median Home Sale Price YoY Change
-51%