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Downtown Ottawa (Downtown) South Ottawa (Southside)

OTTAWA, IL 61350

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 61350

Downtown Ottawa (Downtown) · South Ottawa (Southside)

Market Analysis

Data as of March 2026. Source: Realtor.com.

The OTTAWA, IL real estate market (61350) currently shows 98 active listings, with 30 pending sales. Homes are averaging 52 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 52 days on market compared to 39 days last year.

The median listing price has risen 18.7% year-over-year, from $267,450 to $317,500.

Whether you are buying or selling in OTTAWA, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 24,385  ·  Density: 61.7/mi²  ·  Median household income: $72,323

Typical home value: $151,540  ·  Homeownership: 71.1%

Market Overview

Active Listings
98
⇧ 8.9% vs 90 last year
Pending
30
31% pending ratio
Median Price
$317,500
⇧ 18.7% vs $267,450 last year
Average Price
$394,623
⇧ 14.2% vs $345,436 last year
Days on Market
52
⇧ 33.3% vs 39 days last year

Price Per Square Foot

Median $/sqft
$169
⇧ 6.3% vs $159/sqft last year
Median Home Size
1,796 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 98 this year vs 90 last year
  • Days on market: 52 now vs 39 last year

Median & Average Pricing

Year over Year
  • Median: $317,500 (+18.7% YoY)
  • Average: $394,623 (+14.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.8 miles — 169 listings ($58,737,782 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61350Ottawa, IL 613500.0 mi86$35,515,764$364,950$412,974
61341Marseilles, IL 613419.0 mi16$2,976,032$154,925$186,002
60549Serena, IL 6054910.3 mi3$809,376$301,875$269,792
61301La Salle, IL 6130111.3 mi26$5,147,350$167,250$197,975
61372Troy Grove, IL 6137213.2 mi1$208,000$208,000$208,000
60551Sheridan, IL 6055113.8 mi10$7,010,070$759,700$701,007
61370Tonica, IL 6137014.4 mi3$657,000$219,000$219,000
61320Dalzell, IL 6132016.1 mi2$899,800$449,900$449,900
61342Mendota, IL 6134216.8 mi13$2,861,690$214,950$220,130
60531Leland, IL 6053117.3 mi4$915,600$228,900$228,900
60470Ransom, IL 6047018.3 mi1$815,400$815,400$815,400
60537Millington, IL 6053718.8 mi1$412,000$412,000$412,000
61334Lostant, IL 6133419.8 mi3$509,700$169,900$169,900

Frequently Asked Questions

How many homes are for sale in OTTAWA, IL 61350?

As of March 2026, there are 98 active listings in OTTAWA, IL (zip code 61350), compared to 90 the prior year.

What is the median home price in OTTAWA, IL 61350?

The median listing price in OTTAWA, IL 61350 is $317,500 as of March 2026, a 18.7% increase from $267,450 the prior year.

How long do homes stay on the market in OTTAWA, IL?

Homes in OTTAWA, IL 61350 spend an average of 52 days on the market before going under contract, compared to 39 days the prior year.

Is it a seller's or buyer's market in OTTAWA, IL 61350?

Based on current inventory and days-on-market data as of March 2026, OTTAWA, IL 61350 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 52 days on market compared to 39 days last year.

How much can I save on real estate commission in OTTAWA, IL?

With SELL123.com's maximum 3% commission, sellers in OTTAWA, IL 61350 save an estimated $6,350 compared to a typical 5% commission on the median listing price of $317,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.