Ottawa, IL Home Values & Market Trends
Real estate market trends reflect that there have been 351 transactions over the past year in Ottawa. The median value for residential home transactions that occurred over the previous year is $169,044.94. The number of current listings in Ottawa is 2, and the percentage of properties for sale in the city is 2.00%. Ottawa, IL currently has 37 properties in foreclosure, 1 bank owned properties, 3 properties headed for auction, and 2 properties for sale.
Ottawa, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 61350 | $ 115,959 $ 83/sqft |
Housing Market Summary for Ottawa, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $102.5K | $172.5K | 68.28% |
| Median Sold Price | $159.7K | $172.5K | 8.01% |
| Homes For Sale | 6 | 3 | -50.00% |
| Homes Sold | 225 | 174 | -22.67% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Ottawa, IL
Browse Homes in Ottawa, IL
Ottawa home values range from $18,974 to $1,174,007. The median estimated value of a home in Ottawa is $169,044.94. The median list price of a home is 162,450, and the total count of properties in the city is 8,533.
- Pre-ForeclosurePre-foreclosure homes account for 0.39% of all residential properties in Ottawa, IL with 61350 containing 33 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Ottawa, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $391,282 in 61350 to the lowest home value of $62,168 in 61350.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Ottawa, IL ranges from the highest value of $101,968 in 61350 to the lowest value of $101,968 in 61350. Bank owned homes and properties account for 0.01% of properties in Ottawa, IL. There is 1 zips within Ottawa, IL; 61350 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions61350 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Ottawa, IL. Auction homes and other auction properties account for 0.04% of all properties in Ottawa, IL. There is 1 zips within Ottawa, IL; of that zips, the median estimated home value for homes going to auction ranges from $190,012 in 61350 to the lowest value of $120,083 in 61350.
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