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Downtown Ottawa (Downtown) South Ottawa (Southside)

OTTAWA, IL 61350

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 61350

Downtown Ottawa (Downtown) · South Ottawa (Southside)

Market Analysis

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

The OTTAWA, IL real estate market (61350) currently shows 86 active listings, with 19 pending sales. Homes are averaging 59 days on the market before going under contract.

Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice.

Homes are selling faster, averaging 59 days on market compared to 81 days last year.

The median listing price has risen 34.6% year-over-year, from $271,075 to $364,950.

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
86
⇧ 21.1% vs 71 last year
Pending
19
22% pending ratio
Median Price
$364,950
⇧ 34.6% vs $271,075 last year
Average Price
$412,974
⇧ 19.6% vs $345,245 last year
Days on Market
59
⇩ 27.2% vs 81 days last year

Price Per Square Foot

Median $/sqft
$184
⇧ 8.9% vs $169/sqft last year
Median Home Size
1,841 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 86 this year vs 71 last year
  • Days on market: 59 now vs 81 last year

Median & Average Pricing

Year over Year
  • Median: $364,950 (+34.6% YoY)
  • Average: $412,974 (+19.6% 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 — 213 listings ($62,048,735 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61350Ottawa, IL 613500.0 mi72$31,249,008$376,200$434,014
61341Marseilles, IL 613419.0 mi16$3,046,928$155,000$190,433
60549Serena, IL 6054910.3 mi2$507,500$253,750$253,750
61301La Salle, IL 6130111.3 mi26$5,029,934$159,000$193,459
61372Troy Grove, IL 6137213.2 mi1$208,000$208,000$208,000
60551Sheridan, IL 6055113.8 mi10$6,655,380$592,300$665,538
61370Tonica, IL 6137014.4 mi2$397,900$198,950$198,950
61316Cedar Point, IL 6131615.8 mi1$265,000$265,000$265,000
60518Earlville, IL 6051816.1 mi10$2,699,000$217,500$269,900
61364Streator, IL 6136416.8 mi65$9,881,885$140,000$152,029
61329Ladd, IL 6132918.0 mi3$838,500$279,500$279,500
60537Millington, IL 6053718.8 mi2$760,000$380,000$380,000
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 February 2026, there are 86 active listings in OTTAWA, IL (zip code 61350), compared to 71 the prior year.

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

The median listing price in OTTAWA, IL 61350 is $364,950 as of February 2026, a 34.6% increase from $271,075 the prior year.

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

Homes in OTTAWA, IL 61350 spend an average of 59 days on the market before going under contract, compared to 81 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 February 2026, OTTAWA, IL 61350 is currently a Balanced Market. Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice. Homes are selling faster, averaging 59 days on market compared to 81 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 $7,299 compared to a typical 5% commission on the median listing price of $364,950. 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.