Ottawa, KS is an attractive area for those looking to invest in housing due to its high median value of $176,800 and a relatively higher one-year house appreciation rate of 11.73%, which is significantly higher than the US average of 8.27%. Despite the relatively lower median value when compared with other U.S. cities, Ottawa is still a popular location for investors who are looking for a good return on their investment. The area is also well known for its excellent schools, parks and amenities which make it a great place to live and raise a family.
The median home cost in Ottawa is $176,800. Home appreciation the last 10 years has been 83.3%. Home Appreciation in Ottawa is up 13.7%.
Average Age of Homes
- The median age of Ottawa real estate is 52 years old
The Rental Market in Ottawa
- Renters make up 35.3% of the Ottawa population
- 3.3% of houses and apartments in Ottawa, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.