Market Overview
Home Prices in Coldwater, OH
The median home value in Coldwater, OH is $298,858 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7% compared to a year ago and up 5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Coldwater are priced27% below average. Coldwater is part of the Celina, OH metro area.
Over the past five years, Coldwater home values have risen by approximately33.7%, reflecting strong long-term appreciation in this market.
Price History
Coldwater Home Price Trend
City Comparison
Coldwater vs. National Median
At $298,858, homes in Coldwater cost 27% below the national median of $410,000. This makes Coldwater a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Coldwater?
20% Down Payment
$59,772
on $298,858
Monthly P&I
$1,559/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,980/mo
incl. taxes & insurance
Income Needed
$79,200
gross annual (30% rule)
10% Down Option
$29,886
+ PMI applies
Loan Amount (20% dn)
$239,086
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Coldwater, OH?
The median home value in Coldwater is $298,858 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7% year-over-year.
How much have home prices changed in Coldwater?
Over the past year, home values in Coldwater have increased by 7%. Over five years, prices have risen approximately 33.7%.
How much do I need to earn to buy a home in Coldwater?
To comfortably afford the median home price of $298,858 with a 20% down payment ($59,772) at today's rates (6.8%), you'd need a gross annual income of approximately $79,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Coldwater compare to the national average home price?
The national median home value is approximately $410,000. At $298,858, homes in Coldwater are 27% below the national average.
What metro area is Coldwater part of?
Coldwater is part of the Celina, OH metropolitan area. Home prices and market conditions can vary across the broader metro region.