Single-family Foreclosures in Ottawa, IL

Current Market Conditions in Ottawa, IL

The Ottawa real estate market is currently showing signs of stability, with moderate demand and a balanced number of listings. Homes are selling relatively quickly, particularly in well-established neighborhoods. First-time homebuyers and families looking for single-family homes are particularly active in the market.

Rent Prices In Ottawa, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ottawa, IL, is on a rollercoaster ride. The average rent price in Ottawa, IL, is $1,101.00. Indeed, when looking to rent in Ottawa, IL, you can expect to pay as little as $610.00 or as much as $2,220.00, with the average rent median estimated to be $1,070.00. The good news is that finding an affordable and desirable property to rent in Ottawa, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.