Housing in Ottawa, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$245,000

Median List Price

$216,400

Price Per Sq Ft

$135

Days on Market

77

Active Inventory

74

Months of Supply

7.4

Buyer's market

Zillow Home Value

$199,840

ZHVI — January 2026

Zillow Rent Index

$1,088

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 53.6%List Price 17.0%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

10.0%

Off Market in 2 Weeks

42.1%

Sale-to-List Ratio

95.1%

Buyer's market

Sold Above Asking
10.0%
Under Contract in 2 Wks
42.1%
Listings with Price Drops
20.3%

Market Activity

Source: Redfin

Homes Sold

10

New Listings

18

Pending Sales

19

Homes Sold 33.3%New Listings 5.3%Pending 46.2%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$135

Median List $/SF

$135

Sale $/SF 22.7%List $/SF 0.7%Mar 24Jan 26

Ottawa vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Ottawa is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$144,500

Median Rent

$922

Total Housing Units

8,394

Vacancy Rate

10.0%

Owner Occupied

69.3%

Renter Occupied

30.6%

Median Property Tax

$3,861

per year

Monthly Cost (w/ Mortgage)

$1,140

Housing Types

Single Family
79.8%
Multi-Family
20.0%
Mobile Home
0.2%

The current median sale price in Ottawa, IL is $245,000 according to Redfin data. Homes spend a median of 77 days on the market. 10.0% of homes sold above asking price. The market has 7.4 months of supply. The median price per square foot is $135. Zillow's observed rent index is $1,088/month. About 69.3% of housing units are owner-occupied. The median year homes were built is 1958. There are 8,394 total housing units.