Housing Market Report for Ottawa Township High School, Ottawa, IL

This housing market report uses absorption rates to track supply and demand for Ottawa Township High School, Ottawa, IL. With 4.2 months of inventory across all segments, the market is currently balanced — supply and demand are roughly equal, giving buyers and sellers relatively equal negotiating leverage. Use the tables below to explore specific price ranges and property types in detail. [Last updated: September 22, 2026]

Seller's Market
Under 3 months

High demand, low inventory. Homes sell fast, often above asking price. Sellers hold leverage.

Balanced Market
3 – 6 months

Supply and demand are roughly equal. Prices are stable and negotiations are more equitable.

Buyer's Market
Over 6 months

More supply than demand. Buyers can negotiate, request concessions, and take their time.

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Houses

Hottest Segment 🔥
$150k – $175k

Absorption rate of 2.8, with 0.4 months of inventory.

Coolest Segment ❄️
$375k – $400k

With 6 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$175k – $200k

2 active listings with 18 sold in the last 6 months.

Market Overview
All Segments

The overall market favors sellers with just 2.4 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
25k-50k 2 0.3 0 Seller's
50k-75k 1 0.2 0 Seller's
75k-100k 1 2 0.3 3 Balanced
100k-125k 3 12 2 0.7 1.5 Seller's
125k-150k 4 10 1 0.4 2.4 Seller's
150k-175k 1 17 4 2.8 0.4 Seller's
175k-200k 2 18 2 1.5 0.7 Seller's
200k-225k 2 13 3 1.1 0.9 Seller's
225k-250k 3 13 3 0.7 1.4 Seller's
250k-275k 4 7 0.3 3.4 Balanced
275k-300k 2 7 1 0.6 1.7 Seller's
300k-325k 2 4 1 0.3 3 Balanced
325k-350k 5 8 0.3 3.8 Balanced
350k-375k 6 7 3 0.2 5.1 Balanced
375k-400k 3 3 2 0.2 6 Balanced
400k-425k 3 6 0.3 3 Balanced
425k-450k 3 0
450k-475k 1 2 0.3 3 Balanced
475k-500k 2 5 1 0.4 2.4 Seller's
500k-550k 3 0.5 0 Seller's
550k-600k 3 3 2 0.2 6 Balanced
600k-650k 1 2 0.3 3 Balanced
700k-750k 4 0
750k-800k 1 1 0.2 0 Seller's
800k-850k 1 0.2 0 Seller's
950k-1m 1 0
1.2m-1.3m 1 1 0.2 6 Balanced
1.3m-1.4m 1 0
1.4m-1.5m 1 0
1.8m-1.9m 1 0

Townhouses

Hottest Segment 🔥
$650k – $700k

Absorption rate of 0.

Coolest Segment ❄️
$375k – $400k

With 0 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$375k – $400k

0 active listings with 1 sold in the last 6 months.

Market Overview
All Segments

Supply and demand are roughly in balance at 3 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
375k-400k 1 0.2 0 Seller's
400k-425k 1 1 0.2 0 Seller's
650k-700k 1 0

Condos

Hottest Segment 🔥
$225k – $250k

Absorption rate of 0.2, with 6 months of inventory.

Coolest Segment ❄️
$225k – $250k

With 6 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$200k – $225k

0 active listings with 2 sold in the last 6 months.

Market Overview
All Segments

Supply and demand are roughly in balance at 5.1 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
175k-200k 1 0.2 0 Seller's
200k-225k 2 1 0.3 0 Seller's
225k-250k 1 1 0.2 6 Balanced
275k-300k 1 0.2 0 Seller's
325k-350k 1 1 1 0.2 6 Balanced
375k-400k 2 0
600k-650k 1 0.2 0 Seller's
650k-700k 1 0
750k-800k 1 0

Land

Hottest Segment 🔥
$100k – $125k

Absorption rate of 0.2, with 6 months of inventory.

Coolest Segment ❄️
$25k – $50k

With 132 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$25k – $50k

22 active listings with 1 sold in the last 6 months.

Market Overview
All Segments

With 69 months of inventory overall, buyers currently hold the advantage.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
0-25k 2 0
25k-50k 22 1 0 132
50k-75k 5 0
75k-100k 2 0
100k-125k 1 1 1 0.2 6 Balanced
175k-200k 1 0
200k-225k 2 0
225k-250k 1 0
250k-275k 2 0
300k-325k 1 1 0.2 6 Balanced
425k-450k 2 0
475k-500k 1 0
650k-700k 2 0
700k-750k 1 0
950k-1m 1 1 0.2 0 Seller's
1.1m-1.2m 1 0

Neighboring Cities

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