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College Terrace is a sought-after neighborhood in Palo Alto, OH. Browse available listings to find your perfect home in this neighborhood.
Palo Alto Market Report
Median Home Price
$3.52M
↑ 3.5% over the past yearMonths of Supply
Estimated time to sell all listings at the current sales pace
2.4 months of supply
Seller's MarketWith only 57 active listings, supply is tight.
What this means for buyers
Inventory is tight relative to how many homes sell each month—buyers have fewer options, and well-priced homes draw competition. Listings typically sell in ~41 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace—buyers have some time, but competition exists. Sales 61% faster than 6 months ago.
Approaching the point where buyers gain more negotiating power.
Inventory Distribution
Homes are selling quickly—most listings move within 30 days, signaling strong buyer demand.
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $1.6M in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$2.2M)
Price Reductions
8 listings have reduced their price
14% of active listings
Average reduction: 6.6% (~$195K)
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