Is Ottawa, OH 45875 a buyer’s or seller’s market?
Ottawa is a seller’s market. With about 2.1 months of supply and 33% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 54% of U.S. ZIP codes, and #321 of 489 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Ottawa housing market right now
In the three months ending August 31, 2026, 33% of homes in Ottawa, OH 45875 sold above their list price, the typical home went under contract in 54 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 22 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 29%, homes sold more slowly (39 days then) and the median sale price rose 49% to $275,881. Overall, Ottawa is about as competitive as it was a year ago.
Within Putnam County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in 67%. On our competition score, Ottawa ranks #321 of 489 OH ZIP codes with enough sales (score 53 out of 100).
Nearby, buyers who want less competition could look at Leipsic 45856 (0% sold over asking) or Fort Jennings 45844 (0% sold over asking).
Run the numbers for 45875
Nearby markets
Cloverdale 45827Seller’s market $88 /sq ftColumbus Grove 45830Seller’s market $159 /sq ftContinental 45831Seller’s market $93 /sq ftFort Jennings 45844Seller’s market $123 /sq ft Browse all markets →Towns like Ottawa nearby
Find towns like Ottawa in other states →Where Ottawa is
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Questions about Ottawa real estate
Is Ottawa a buyer’s or seller’s market?
A seller’s market: there were 2.1 months of supply in Ottawa, OH 45875 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Ottawa?
The typical home went under contract in 54 days in the latest three months.
Do homes in Ottawa sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 97.4% of the list price.
What are property taxes in Ottawa?
About 0.97% of a home’s value a year in Putnam County, or roughly $3,880 on a $400,000 home.
What is the median home price in Ottawa?
The median sale price was $275,881 in the three months ending August 31, 2026, about $160 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology