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Saturday, June 7, 2025

Ottawa home prices fall in 2017

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The median sale price of a home sold in 2017 in Ottawa fell by $12,225 while total sales increased by 6.2%, according to BlockShopper.com.

From January through December of 2017, there were 327 homes sold, with a median sale price of $107,500 - a 10.2% decrease over the $119,725 median sale price for the previous year. There were 308 homes sold in Ottawa in 2016.

The median sales tax in Ottawa for 2017 was $3,169. In 2016, the median sales tax was $3,043. This marks an increase of 4.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.9%.

The following table compares Ottawa to other LaSalle County cities with similar median sales prices in 2017:

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Grand Ridge410-60%$151,500$70,250115.7%
Tonica1020-50%$150,000$130,50014.9%
Seneca3745-17.8%$140,000$147,500-5.1%
Earlville2034-41.2%$126,500$122,0003.7%
Leland1924-20.8%$120,000$141,450-15.2%
Ottawa3273086.2%$107,500$119,725-10.2%
Mendota95932.2%$100,000$94,0006.4%
Marseilles7191-22%$97,000$119,000-18.5%
Peru125151-17.2%$96,000$109,000-11.9%
Oglesby68646.3%$89,750$78,25014.7%
LaSalle111127-12.6%$79,500$59,00034.7%

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