Ottawa home prices rise in August 2020

Ottawa home prices rise in August 2020
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The median sale price of a home sold in August 2020 in Ottawa rose by $30,000 while total sales decreased by 2.4%, according to BlockShopper.com.

In August 2020, there were 40 homes sold, with a median sale price of $160,000 – a 23.1% increase over the $130,000 median sale price for the same period of the previous year. There were 41 homes sold in Ottawa in August 2019.

The median sales tax in Ottawa for the most recent year with available data, 2018, was $3,283, approximately 2.1% of the median home sale price for August 2020.

The following table compares Ottawa to other LaSalle County cities with similar median sales prices in August 2020:

City Aug. 2020 Home Sales Aug. 2019 Home Sales % change (Total Home Sales) Aug. 2020 Median Sales Price Aug. 2019 Median Sales Price % change (Median Sales Price)
Lake Holiday 12 11 9.1% $241,250 $208,000 16%
Seneca 4 5 -20% $228,500 $115,555 97.7%
Leland 2 3 -33.3% $217,250 $329,000 -34%
Lostant 1 0 – $186,000 $0 –
Earlville 5 7 -28.6% $162,000 $155,000 4.5%
Ottawa 40 41 -2.4% $160,000 $130,000 23.1%
Tonica 3 1 200% $148,000 $89,900 64.6%
Peru 33 13 153.8% $135,000 $105,000 28.6%
North Utica 1 1 0% $124,000 $80,000 55%
Marseilles 12 13 -7.7% $122,000 $110,200 10.7%
Mendota 9 17 -47.1% $118,000 $130,000 -9.2%


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