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Homes for Sale Under 500K in Ottawa, IL

68 Homes for Sale

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HotHot

$203,000

Views: 15

Bedrooms: 4Bds

Bathrooms: 2Ba

Area: 1,697sqft

Single family home for sale

703 Chapel St, Ottawa, IL 61350

MLS ID #12737522, Coldwell Banker Today'S

HotHot
Price CutPrice Drop: $9K

$189,500

Views: 11

Bedrooms: 2Bds

Bathrooms: 2Ba

Area: 1,392sqft

Multi family home for sale

1520 Adams St, Ottawa, IL 61350

MLS ID #12766398, Coldwell Banker Real Estate Group

Price CutPrice Drop: $10K
No HOANo HOA

$189,000

Views: 3

Bedrooms: 2Bds

Bathrooms: 2Ba

Area: 1,200sqft

Single family home for sale

900 Christie St, Ottawa, IL 61350

MLS ID #12711974, Re/Max Top Properties

$175,000

Views: 4

Bedrooms: 4Bds

Bathrooms: 2Ba

Area: 1,988sqft

Single family home for sale

424 State St, Ottawa, IL 61350

MLS ID #12790287, Crosstown Realtors Inc

$170,000

Views: 9

Bedrooms: 2Bds

Bathrooms: 1Ba

Area: 1,088sqft

Single family home for sale

1101 4h Rd, Ottawa, IL 61350

MLS ID #12775980, Coldwell Banker Real Estate Group

No HOANo HOA

$166,900

Views: 2

Bedrooms: 2Bds

Bathrooms: 1Ba

Area: 780sqft

Single family home for sale

1120 Charles St, Ottawa, IL 61350

MLS ID #12789924, Coldwell Banker Real Estate Group

$164,000

Views: 6

Bedrooms: 3Bds

Bathrooms: 1Ba

Area: 1,056sqft

Single family home for sale

716 Westwood Dr, Ottawa, IL 61350

MLS ID #12759794, Mcconville Realty And Auctioneering

No HOANo HOA

$149,900

Views: 7

Bedrooms: 2Bds

Bathrooms: 1Ba

Area: 986sqft

Single family home for sale

1014 Walnut St, Ottawa, IL 61350

MLS ID #12765688, Kettley & Co. Realtors, Inc. - Aurora

No HOANo HOA

$139,000

Views: 5

Bedrooms: 2Bds

Bathrooms: 1Ba

Area: 1,156sqft

Single family home for sale

510 Adams St, Ottawa, IL 61350

MLS ID #12788476, Row House Realty Group Llc

No HOANo HOA

$134,777

Views: 15

Bedrooms: 4Bds

Bathrooms: 2Ba

Area: 2,590sqft

Single family home for sale

1112 Fulton St, Ottawa, IL 61350

MLS ID #12695366, Solaris Enterprises Inc

HotHot

$119,900

Views: 17

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,494sqft

Single family home for sale

151 Jones St, Ottawa, IL 61350

MLS ID #12731276, Lloyd Chapman Realty Co.

No HOANo HOA

$116,900

Views: 14

Bedrooms: 3Bds

Bathrooms: 1Ba

Area: 1,428sqft

Single family home for sale

915 Illinois Ave, Ottawa, IL 61350

MLS ID #12725438, Coldwell Banker Real Estate Group

No HOANo HOA

$110,000

Views: 9

Bedrooms: 1Bd

Bathrooms: 1Ba

Area: 844sqft

Single family home for sale

1609 Sycamore St, Ottawa, IL 61350

MLS ID #12777908, Coldwell Banker Real Estate Group

Price CutPrice Drop: $20K

$105,000

Views: 15

Bedrooms: 3Bds

Bathrooms: 1Ba

Area: 1,176sqft

Single family home for sale

627 W Jefferson St, Ottawa, IL 61350

MLS ID #12751760, Legacy Realty Latta Young

New

$99,500

Views: 3

Bedrooms: 2Bds

Bathrooms: 1Ba

Area: 768sqft

Single family home for sale

810 Green St, Ottawa, IL 61350

MLS ID #12793986, Coldwell Banker Real Estate Group

Price CutPrice Drop: $10.9K

$99,000

Views: 6

Bedrooms: 2Bds

Bathrooms: 1Ba

Area: 1,400sqft

Single family home for sale

213 Linwood Ave, Ottawa, IL 61350

MLS ID #12769958, Gates And Gables Realty

Showing 43 - 68 of 68 homes for sale in Ottawa, IL

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Ottawa, IL Housing Market Overview

Ottawa is a balanced market, giving buyers and sellers room to negotiate. With 4.8 months of supply and homes averaging 42 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

42

Inventory

82

Sep 2021Mar 2024Mar 2026

Median Home Price

$250,000Up 0.40%

In Mar 2026 · YoY

Sep 2021Mar 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
82 Up 0.06%
Newly Listed Homes
22 Down 0.35%
Months of Supply
4.8 Up 2.00%

Housing Demand

Homes Sold
17 Down 0.00%
Sale-to-List Ratio
97.3% Down 0.72%
Homes Sold Above List
35.3% Down 0.42%

30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.

View Full Ottawa Market Report
  • mls-img
    This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Oct 30, 2026, 12:31 PM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.

    Based on information submitted to the MLS GRID as of Oct 30, 2026, 12:31 PM. All data is obtained from various sources and has not been, and will not be, verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement. Properties displayed may be listed or sold by various participants in the MLS,

    Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved
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Homes Available icon

68

Homes Available

Median List Price icon

$ 250,000

Median List Price

Avg on Market icon

42 Days

Avg on Market