The story of this market
The typical home in ZIP 45875 sells for about $341,478, or $142 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 58 days to sell. HUD's fair market rent for a two-bedroom is $772 a month.
ZIP 45875 — Ottawa
The housing market in 45875 remains stable with low inventory and consistent demand from local buyers. Prices have seen modest year-over-year growth, supported by the area's affordability and strong school district reputation. The market is currently balanced, with limited new construction keeping supply tight.
This ZIP is ideal for families and long-term residents seeking a quiet, small-town atmosphere with high-quality schools and a lower cost of living compared to larger metro areas.
Median prices moved up 2.4% year over year.
Homes spend a median of 58 days on market with 3.2 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.0% · poverty 5.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 45875, Putnam County OH
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in Ottawa and surrounding Putnam County remain significantly lower than the Ohio state average, with property crime being the primary concern.
The area is served by Ottawa-Glandorf Local Schools, which consistently maintain high performance ratings and strong community support.
The region faces moderate risk from severe thunderstorms and occasional flooding near the Blanchard River, though wildfire risk is minimal.
Economic momentum is driven by local manufacturing, agriculture, and healthcare sectors, with steady but modest infrastructure investment.
Property taxes are assessed at the county level by the Putnam County Auditor, with rates determined by local school district levies and municipal requirements.
Residents primarily commute by car to nearby employment hubs like Lima or Findlay, with average commute times typically under 25 minutes.
The area features local parks such as Memorial Park, access to the Blanchard River for fishing, and proximity to local golf courses and community shopping centers.
The rental market is characterized by low vacancy rates and limited inventory, with most rentals consisting of single-family homes or small multi-family units.
The economy is anchored by manufacturing, agricultural processing, and regional healthcare services, providing a stable employment base.
Transportation is heavily reliant on personal vehicles, with major access provided by State Route 65 and State Route 15.
Development is focused on small-scale residential infill and minor commercial upgrades within the village core.
The Putnam County Auditor manages property assessments, ensuring valuations align with state-mandated triennial updates.
Parcels are subject to local school district levies and county-wide emergency service and library district taxes.
Property insurance premiums are generally stable, reflecting the low-hazard environment, though flood insurance is required for properties in designated floodplains.
Data retrieved from data.census.gov ZCTA 45875 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Central community park with sports fields and walking paths.
Provides local fishing and recreational access.
Deterministic aggregate of 1 researched property in this ZIP (latest reading each) — each property weighs one; per point, properties lacking the value are excluded. Property-level records (taxes, scores, permits) never roll individually.
No county-record distress flags across 1 researched property on the ARED base layer. Key-figure check: median price corroborated by the researched-property base layer (within 12.5%).