Is Ottawa, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ottawa is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Ottawa has remained a Seller's Market.

Key Takeaway

Ottawa is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Ottawa, WI

How much do homes in Ottawa, WI cost?

Median Sold Price

$600,000

$242/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$75,000(+14.3%)

Key Takeaway

Homes in Ottawa have sold for 14.3% more than they did a year ago.

Summary: The median home sold price in Ottawa was $600,000 in March 2024, up 14.3% from last year, and the median price per square foot was $242.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $350K-
N/A
3 $513K$499.9K
-2.6%
4 $589.9K$622K
+5.4%
5+ -$672K
N/A

Summary: Ottawa housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Ottawa
+14.3%
Summit
+5.8%
Dousman
+5.3%
Genesee
+1.3%

Housing Supply in Ottawa, WI

How many homes are available in Ottawa, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
98-11.1%

Summary: The Ottawa real estate market had 8 homes for sale in March 2024, a 11.1% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 55
0.0%
4 42
-50.0%
5+ 00
0.0%

Summary: The Ottawa housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ottawa, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Ottawa in March 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Ottawa, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Ottawa, WI

Nearby Markets to Ottawa, WI

What housing markets are near Ottawa, WI?