Marblehead

Situated on a peninsula in Ottawa County along Lake Erie, this small lakeside community of 957 residents carries a median household income of $100,250 and an owner-occupied rate of 88.9 percent, reflecting a settled, ownership-oriented population. The local real estate market is tight, with just four active listings currently available. The median home price sits at $384,000, and buyers are paying $328 per square foot on average, with typical homes measuring around 1,159 square feet. That combination points to a market where location and water access carry significant weight in pricing relative to interior square footage. Families with children would fall under the Danbury Local School District. The limited inventory and high ownership rate suggest homes here do not turn over frequently, so buyers interested in the area should expect to move quickly when properties become available and should be prepared for competition even in a small pool of listings.

Market description generated from current MLS and U.S. Census data.