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All market snapshots / 61350

Ottawa, IL 61350 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Ottawa, IL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.14
ActiveActive listings: 3737PendingPending sales: 55
Ottawa, IL: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $300k$300kSoldMedian sold price (last 6 months): $220k$220k
What homes actually sell for in Ottawa, IL
Distribution of 227 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $155k to $310k
$75k to $137k: 34 sales$75k$137k to $199k: 49 sales$199k to $261k: 57 sales57sales$199k$261k to $322k: 22 sales$322k to $384k: 21 sales$322k$384k to $446k: 11 sales$446k to $508k: 6 sales$446k$508k to $570k: 4 salesMedian $220k

What the numbers say

As of October 5, 2026, Resideline is tracking 37 active listings and 5 pending sales in ZIP code 61350. That pending-to-active ratio of 0.14 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $300,000, while the median of the 227 closed sales Resideline tracked over the last six months was $220,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 61350 for 72 days.

Frequently asked questions

What is the median home price in 61350?

The median closed sale price in Ottawa, IL 61350 was $220,000 over the last six months, based on 227 closed sales tracked by Resideline. The middle half of those sales ranged from $155,000 to $310,000.

Is 61350 a buyer's or seller's market?

Resideline is currently tracking 5 pending sales against 37 active listings in 61350, a pending-to-active ratio of 0.14. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 61350 currently looks like a balanced market.

Nearby ZIP code market data

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