Ottawa, WI—53118
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ottawa, WI
As of Oct '25, the median home price in Ottawa, WI is $582,000, with a year-over-year change of 3.6%. This indicates that home prices in Ottawa, WI are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $582,000 | 3.6% |
| Single Family | $583,000 | 4.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $555,000 | 5.1% |
4 Bed | $654,000 | 4.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Ottawa, WI
As of July '25, Rentcast reports the average rent in Ottawa, WI is $1,500, with a year-over-year rent change of -34.8%. Per bedroom, the median rent as of July '25 in Ottawa, WI is 2-bedrooms: $1,500. The most common rental property sizes in Ottawa, WI are 2-bedroom and 1-bedroom, accounting for 42.9% and 26.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,500 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,500 | $1,500 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Ottawa, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Ottawa, WI is 88. This is a increase of 153.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $599,000 | 6.0% |
Listing Count | 36 | 89.0% |
| Listings as % of Homes | 0.3% | 89.0% |
Days on Market | 88 | 153.0% |
Demographics — Ottawa, WI
As of the latest ACS Survey released in 2023, Ottawa, WI has a population of 7,110, which has decreased by -2.6% over the past 5 years. Ottawa, WI is a moderately popular place for families, as children make up 16.6% of the population. The area has a moderately educated workforce, with 35.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,110 | -2.6% |
% Under 18 | 16.6% | -20.6% |
% Seniors | 24.2% | 18.6% |
% WFH | 10.8% | 103.8% |
% w/ College Degree | 35.1% | 1.4% |
As of the latest ACS Survey released in 2023, Ottawa, WI is a predominantly white area, with 94.3% of the population identifying as white. The white population has grown by 0.3% in the last 5 years. The second most common race or ethnicity in Ottawa, WI is hispanic, making up 2.3% of the population. Foreign-born residents account for 2.8% of the population in Ottawa, WI, and this percentage has increased by 55.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 94.3% | 0.3% |
% Black | 0.2% | -60.0% |
% Hispanic | 2.3% | -23.3% |
% Asian | 1.3% | 160.0% |
% Foreign Born | 2.8% | 55.6% |
Mortgage and Risk — Ottawa, WI
According to HUD data as of 2023, there were 236 mortgage originations in Ottawa, WI, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 40.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Ottawa, WI. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 236 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Ottawa, WI
Ottawa, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,230 |
| 2 Bedroom | -$30 | $1,500 | $1,470 |
| 3 Bedroom | N/A | N/A | $1,820 |
| 4 Bedroom | N/A | N/A | $1,980 |
Affordability — Ottawa, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $582,000 |
| Median Household Income | $104,000 |