Ottawa Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Ottawa averaged 6.73% for the week of 2024-03-21, compared to the national average of 6.87% for the same period.

The average rate for the prior week (2024-03-14) was 6.9% and one month ago for the week of 2024-02-15, the average rate was 6.83%.

Ottawa's average rate one year ago was 6.86%.

For refis of the same type during the week of 2024-03-21, the average rate was 7.37%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-03-21 6.87%
Ottawa 30 Year Fixed Rate 2024-03-21 6.73%
Ottawa 30 Year Fixed Rate Refi 2024-03-21 7.37%
Ottawa 15 Year Fixed Rate 2024-03-21 6.11%
Ottawa 15 Year Fixed Rate Refi 2024-03-21 6.41%
Ottawa 30 Year FHA 2024-03-21 6.7%
Ottawa 30 Year FHA Refi 2024-03-21 6.9%
Ottawa 30 Year USDA 2024-03-21 6.47%
Ottawa 30 Year USDA Refi 2024-03-21 6.57%
Ottawa 30 Year VA 2024-03-21 6.74%
Ottawa 30 Year VA Refi 2024-03-21 6.64%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Ottawa, KS.

Ottawa Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Ottawa, KS market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 16 6.90% $2,861
Mid-America Bank 15 7.03% $2,013
QUICKEN LOANS, LLC 14 6.85% $4,633
Arvest Bank 11 6.65% $3,934
NBH Bank 8 6.65% $3,398
Oakstar Bank 8 6.30% $1,996
MOVEMENT MORTGAGE, LLC 8 6.57% $2,781
UNITED WHOLESALE MORTGAGE, LLC 7 7.18% $3,033
COMMUNITYAMERICA 6 6.58% $3,161
First Bank 5 6.28% $3,249
Prosperity Home Mortgage, LLC 4 6.69% $2,941
BMO Harris Bank 4 6.66% $3,344
SUCCESS MORTGAGE PARTNERS, INC. 4 6.66% $5,021
Farm Credit Mid-America, ACA 4 7.06% $4,989
UNION HOME MORTGAGE CORP. 4 7.28% $3,038
The Central Trust Bank 4 6.50% $3,040
Landmark National Bank 4 6.28% $2,375
Great Southern Bank 3 5.92% $2,203
CALIBER HOME LOANS, INC. 3 7.08% $5,738
Flagstar Bank, FSB 3 6.91% $1,858
AMERISAVE MORTGAGE CORPORATION 2 7.19% $7,157
CHURCHILL MORTGAGE CORPORATION 2 6.69% $5,888
Commerce Bank 2 6.31% $2,229
DAS Acquisition Company, LLC 2 7.00% $5,392
DELMAR FINANCIAL COMPANY 2 6.25% $2,376
FLAT BRANCH MORTGAGE, INC. 2 6.49% $3,429
HALLMARK HOME MORTGAGE, LLC 2 6.50% $6,542
MID AMERICA MORTGAGE, INC. 2 7.19% $2,785
Mr. Cooper ( Nationstar Mortgage ) 2 6.81% $6,425
NBKC BANK 2 7.13% $1,490
NEWREZ LLC 2 7.75% $3,990
Plains Commerce Bank 2 6.56% $6,313
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 6.63% $3,797
USAA Federal Savings Bank 2 6.44% $6,076
Waterstone Mortgage Corporation 2 7.69% $3,069
LEADERONE FINANCIAL CORPORATION 1 6.50% $3,105
LOANDEPOT.COM, LLC 1 6.63% $11,180
MERITRUST Federal Credit Union 1 6.25% $2,364
Envista Credit Union 1 7.25% $2,359
Union Bank and Trust Company 1 6.88% $4,017
Mortgage Investment Services Corporation 1 7.25% $2,711
ENDEAVOR CAPITAL, LLC. 1 5.88% $3,908
Bankers' Bank 1 6.63% $3,350
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.88% $5,504
Discover Bank 1 9.74% $0
Armed Forces Bank 1 7.38% $2,499
Neighborhood Loans, Inc. 1 6.75% $4,747
Wells Fargo Bank 1 8.13% $4,163
Community National Bank & Trust 1 7.38% $325
OPEN MORTGAGE, LLC 1 6.13% $8,665
PENTAGON FEDERAL CREDIT UNION 1 5.88% $3,037
U.S. Bank 1 6.13% $1,973
PREMIA MORTGAGE, LLC 1 6.08% $0
ZILLOW HOME LOANS, LLC 1 6.88% $7,959
COMMUNITY MORTGAGE, LLC 1 6.25% $2,749
Citizens Bank 1 6.75% $10,112
Sierra Pacific Mortgage Company, Inc. 1 8.50% $4,819
BROKER SOLUTIONS, INC. 1 7.63% $3,604
SUN WEST MORTGAGE COMPANY, INC. 1 6.63% $4,199
First State Bank of St. Charles, Missouri 1 7.25% $2,233
First National Bank of America 1 10.75% $7,010
Bell Bank 1 7.49% $2,710
FRONTIER COMMUNITY CREDIT UNION 1 7.63% $2,856
GOLDEN PLAINS 1 6.88% $1,620
First Federal Bank of Kansas City 1 7.13% $6,844
TruHome Solutions, LLC 1 6.88% $3,582
Intrust Bank 1 5.75% $2,243
JPMorgan Chase Bank 1 8.13% $1,412
FIRST COMMUNITY MORTGAGE, INC. 1 8.00% $3,439

Ottawa Average Closing Costs & Other Stats

Ottawa, KS's 69 lenders originated 517 loans during 2023. The total origination value was $103,835,000, with an average loan value of $200,841.

Ottawa's average closing costs are $3,996.

The top Ottawa lender as defined by loan originations is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 16 loans originated. Their average total fees are $2,861, which is $848 higher than the next largest lender, Mid-America Bank.

The lowest fee Ottawa lenders (with over 10 loans originated) are Mid-America Bank ($2,013), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($2,861), Arvest Bank ($3,934), QUICKEN LOANS, LLC ($4,633) and .

The lowest rate Ottawa lenders (with over 10 loans originated) are Arvest Bank (6.65%), QUICKEN LOANS, LLC (6.85%), FAIRWAY INDEPENDENT MORTGAGE CORPORATION (6.90%), Mid-America Bank (7.03%) and .

Ottawa, KS Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $7,965,000 $7,370,000 -7.5% 7.1%
Mid-America Bank $8,245,000 $5,405,000 -34.4% 5.2%
QUICKEN LOANS, LLC $3,640,000 $5,380,000 47.8% 5.2%
The Kansas State Bank $4,705,000 n/a 4.5%
Central National Bank $835,000 $4,615,000 452.7% 4.4%
Arvest Bank $2,510,000 $4,555,000 81.5% 4.4%
GREYSTONE FUNDING COMPANY LLC $3,845,000 n/a 3.7%
NBH Bank $5,285,000 $3,335,000 -36.9% 3.2%
Oakstar Bank $2,255,000 $3,185,000 41.2% 3.1%
The Central Trust Bank $835,000 $2,565,000 207.2% 2.5%
COMMUNITYAMERICA $3,560,000 $2,285,000 -35.8% 2.2%
First Bank $205,000 $2,170,000 958.5% 2.1%
SUCCESS MORTGAGE PARTNERS, INC. $2,240,000 $2,170,000 -3.1% 2.1%
MOVEMENT MORTGAGE, LLC $1,715,000 $1,870,000 9.0% 1.8%
UNITED WHOLESALE MORTGAGE, LLC $835,000 $1,815,000 117.4% 1.7%
CALIBER HOME LOANS, INC. $2,255,000 $1,595,000 -29.3% 1.5%
Capitol Federal Savings Bank $1,085,000 $1,595,000 47.0% 1.5%
NEWREZ LLC $1,350,000 n/a 1.3%
Mortgage Research Center, LLC $2,450,000 $1,335,000 -45.5% 1.3%
LYNDON STATE BANK $1,315,000 n/a 1.3%
PENNYMAC LOAN SERVICES, LLC $1,325,000 $1,250,000 -5.7% 1.2%
BMO Harris Bank $85,000 $1,125,000 1,223.5% 1.1%
First State Bank of St. Charles, Missouri $545,000 $1,045,000 91.7% 1.0%
FLAT BRANCH MORTGAGE, INC. $1,750,000 $1,045,000 -40.3% 1.0%
Prosperity Home Mortgage, LLC $755,000 $1,045,000 38.4% 1.0%
HALLMARK HOME MORTGAGE, LLC $550,000 $1,015,000 84.5% 1.0%
Great Southern Bank $75,000 $1,005,000 1,240.0% 1.0%
PATRIOTS BANK $930,000 n/a 0.9%
DAS Acquisition Company, LLC $225,000 $845,000 275.6% 0.8%
UNION HOME MORTGAGE CORP. $1,720,000 $845,000 -50.9% 0.8%
Farm Credit Mid-America, ACA $1,590,000 $830,000 -47.8% 0.8%
NBKC BANK $295,000 $825,000 179.7% 0.8%
Mr. Cooper ( Nationstar Mortgage ) $1,635,000 $820,000 -49.8% 0.8%
Landmark National Bank $750,000 $770,000 2.7% 0.7%
LOANDEPOT.COM, LLC $1,075,000 $760,000 -29.3% 0.7%
LEADERONE FINANCIAL CORPORATION $955,000 $700,000 -26.7% 0.7%
United Fidelity Funding Corp. $680,000 n/a 0.7%
ENDEAVOR CAPITAL, LLC. $680,000 $645,000 -5.1% 0.6%
Intrust Bank $255,000 $645,000 152.9% 0.6%
MUTUAL OF OMAHA MORTGAGE, INC. $600,000 n/a 0.6%
S1L, Inc. $145,000 $585,000 303.4% 0.6%
Envista Credit Union $380,000 $580,000 52.6% 0.6%
AMERISAVE MORTGAGE CORPORATION $1,420,000 $575,000 -59.5% 0.6%
Flagstar Bank, FSB $1,240,000 $575,000 -53.6% 0.6%
Wells Fargo Bank $850,000 $565,000 -33.5% 0.5%
Carrington Mortgage Services, LLC $825,000 $560,000 -32.1% 0.5%
Sierra Pacific Mortgage Company, Inc. $145,000 $525,000 262.1% 0.5%
First Option Bank $1,045,000 $510,000 -51.2% 0.5%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,480,000 $495,000 -66.6% 0.5%
Community National Bank & Trust $485,000 n/a 0.5%
First Federal Bank of Kansas City $535,000 $485,000 -9.3% 0.5%
CHURCHILL MORTGAGE CORPORATION $315,000 $480,000 52.4% 0.5%
MID AMERICA MORTGAGE, INC. $475,000 n/a 0.5%
PLANET HOME LENDING, LLC $115,000 $475,000 313.0% 0.5%
USAA Federal Savings Bank $515,000 $470,000 -8.7% 0.5%
Plains Commerce Bank $460,000 n/a 0.4%
FRONTIER COMMUNITY CREDIT UNION $55,000 $455,000 727.3% 0.4%
Mortgage Investment Services Corporation $455,000 $455,000 0.0% 0.4%
Commerce Bank $485,000 $430,000 -11.3% 0.4%
Waterstone Mortgage Corporation $425,000 n/a 0.4%
Union Bank and Trust Company $415,000 n/a 0.4%
TruHome Solutions, LLC $380,000 n/a 0.4%
CROSSCOUNTRY MORTGAGE, LLC $405,000 $375,000 -7.4% 0.4%
The First Security Bank $375,000 n/a 0.4%
New Century Bank $355,000 n/a 0.3%
Country Club Bank $205,000 $350,000 70.7% 0.3%
OPEN MORTGAGE, LLC $350,000 n/a 0.3%
SUN WEST MORTGAGE COMPANY, INC. $340,000 n/a 0.3%
First State Bank and Trust $155,000 $330,000 112.9% 0.3%
AMERICAN FINANCIAL RESOURCES, INC. $325,000 n/a 0.3%
U.S. Bank $1,610,000 $315,000 -80.4% 0.3%
Neighborhood Loans, Inc. $465,000 $310,000 -33.3% 0.3%
NAVY FEDERAL CREDIT UNION $310,000 $295,000 -4.8% 0.3%
Azura Credit Union $175,000 $285,000 62.9% 0.3%
Citizens State Bank $275,000 n/a 0.3%
FARMERS INSURANCE GROUP FEDERAL CREDIT UNION $275,000 n/a 0.3%
MAINSTREET FEDERAL CREDIT UNION $695,000 $265,000 -61.9% 0.3%
Equity Prime Mortgage LLC $255,000 n/a 0.2%
BROKER SOLUTIONS, INC. $660,000 $240,000 -63.6% 0.2%
DELMAR FINANCIAL COMPANY $485,000 $240,000 -50.5% 0.2%
FINANCE OF AMERICA REVERSE LLC $240,000 n/a 0.2%
MEGASTAR FINANCIAL CORP. $235,000 n/a 0.2%
21ST MORTGAGE CORPORATION $230,000 n/a 0.2%
Armed Forces Bank $215,000 n/a 0.2%
JPMorgan Chase Bank $115,000 $205,000 78.3% 0.2%
PREMIA MORTGAGE, LLC $205,000 n/a 0.2%
Barrington Bank & Trust Company, N.A. $125,000 $195,000 56.0% 0.2%
Servion, Inc. $195,000 n/a 0.2%
Bankers' Bank $980,000 $180,000 -81.6% 0.2%
Fidelity Bank $180,000 n/a 0.2%
Citizens Bank $175,000 n/a 0.2%
CoreFirst Bank & Trust $545,000 $175,000 -67.9% 0.2%
Nations Lending Corporation $105,000 $175,000 66.7% 0.2%
PEOPLES STATE BANK $85,000 $175,000 105.9% 0.2%
Security National Bank of Omaha $175,000 n/a 0.2%
Stride Bank $175,000 n/a 0.2%
GNBank $160,000 n/a 0.2%
ANDREWS FEDERAL CREDIT UNION $155,000 n/a 0.1%
FREEDOM MORTGAGE CORPORATION $1,380,000 $155,000 -88.8% 0.1%
PENTAGON FEDERAL CREDIT UNION $155,000 n/a 0.1%
SUMMIT FUNDING, INC. $665,000 $155,000 -76.7% 0.1%
ZILLOW HOME LOANS, LLC $215,000 $155,000 -27.9% 0.1%
GOLDEN PLAINS $25,000 $145,000 480.0% 0.1%
ROYAL UNITED MORTGAGE LLC $145,000 n/a 0.1%
MERITRUST Federal Credit Union $480,000 $140,000 -70.8% 0.1%
COMMUNITY MORTGAGE, LLC $545,000 $135,000 -75.2% 0.1%
Discover Bank $35,000 $125,000 257.1% 0.1%
First National Bank of America $125,000 n/a 0.1%
HEARTLAND CREDIT UNION $140,000 $115,000 -17.9% 0.1%
Coastal Community Bank $105,000 n/a 0.1%
MORTGAGE SOLUTIONS OF COLORADO, LLC $550,000 $105,000 -80.9% 0.1%
Figure Lending LLC $145,000 $100,000 -31.0% 0.1%
Bell Bank $480,000 $95,000 -80.2% 0.1%
SOUTHWEST STAGE FUNDING, LLC $85,000 n/a 0.1%
COMMUNICATION $65,000 n/a 0.1%
FIRST COMMUNITY MORTGAGE, INC. $65,000 n/a 0.1%
Truity Federal Credit Union $320,000 $60,000 -81.3% 0.1%
GREATER KC PUBLIC SAFETY CREDIT UNION $45,000 n/a 0.0%
PNC Bank $105,000 $45,000 -57.1% 0.0%
ATLANTA POSTAL $35,000 n/a 0.0%

Ottawa's top lender by overall market share is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 7.1% market share. In second place, with 5.2%, is Mid-America Bank, having originated $5,405,000 in loans. In third place, with 5.2%, is QUICKEN LOANS, LLC, having originated $5,380,000 in loans. In fourth place, with 4.5%, is The Kansas State Bank, having originated $4,705,000 in loans. In fifth place, with 4.4%, is Central National Bank, having originated $4,615,000 in loans.


Ottawa Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - Ottawa (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $137,500 (17.0%) $216,257 (23.7%) 0.00 70
2018-02-01 $137,475 (10.1%) $185,668 (0.4%) 0.00 66
2018-03-01 $139,750 (5.7%) $179,713 (-10.0%) 0.00 63
2018-04-01 $147,500 (2.3%) $187,838 (-9.7%) 0.00 58
2018-05-01 $169,000 (24.1%) $208,289 (9.1%) 0.00 64
2018-06-01 $172,000 (36.9%) $219,397 (2.4%) 0.00 71
2018-07-01 $169,938 (17.2%) $215,736 (-2.1%) 0.00 86
2018-08-01 $166,500 (15.8%) $209,636 (4.9%) 0.00 88
2018-09-01 $162,500 (12.1%) $205,700 (-6.3%) 0.00 101
2018-10-01 $165,000 (10.6%) $200,830 (-4.9%) 0.00 101
2018-11-01 $151,250 (1.5%) $196,373 (-18.6%) 0.00 102
2018-12-01 $163,450 (17.7%) $201,383 (-8.5%) 0.00 96
2019-01-01 $174,900 (27.2%) $231,691 (7.1%) 0.00 83
2019-02-01 $175,000 (27.3%) $210,814 (13.5%) 0.00 78
2019-03-01 $180,286 (29.0%) $215,099 (19.7%) 0.00 67
2019-04-01 $195,000 (32.2%) $230,098 (22.5%) 0.00 54
2019-05-01 $185,000 (9.5%) $229,447 (10.2%) 0.00 58
2019-06-01 $189,000 (9.9%) $247,331 (12.7%) 0.00 66
2019-07-01 $190,000 (11.8%) $236,276 (9.5%) 0.00 62
2019-08-01 $182,850 (9.8%) $238,273 (13.7%) 0.00 64
2019-09-01 $173,625 (6.9%) $231,174 (12.4%) 0.00 69
2019-10-01 $167,175 (1.3%) $226,441 (12.8%) 0.00 74
2019-11-01 $159,900 (5.7%) $219,277 (11.7%) 0.00 77
2019-12-01 $165,875 (1.5%) $219,044 (8.8%) 0.00 69
2020-01-01 $159,975 (-8.5%) $222,422 (-4.0%) 0.00 67
2020-02-01 $155,000 (-11.4%) $226,303 (7.4%) 0.00 61
2020-03-01 $180,450 (0.1%) $231,782 (7.8%) 0.00 58
2020-04-01 $203,463 (4.3%) $258,566 (12.4%) 0.00 54
2020-05-01 $227,000 (22.7%) $267,176 (16.4%) 0.00 46
2020-06-01 $177,725 (-6.0%) $291,207 (17.7%) 0.00 46
2020-07-01 $216,000 (13.7%) $365,817 (54.8%) 0.00 38
2020-08-01 $210,000 (14.9%) $366,543 (53.8%) 0.00 40
2020-09-01 $278,500 (60.4%) $392,959 (70.0%) 0.00 35
2020-10-01 $262,000 (56.7%) $341,913 (51.0%) 0.00 47
2020-11-01 $214,725 (34.3%) $314,985 (43.7%) 0.00 51
2020-12-01 $176,625 (6.5%) $292,785 (33.7%) 0.00 42
2021-01-01 $177,000 (10.6%) $298,010 (34.0%) 0.00 30
2021-02-01 $153,250 (-1.1%) $246,897 (9.1%) 0.00 34
2021-03-01 $150,500 (-16.6%) $240,593 (3.8%) 0.00 24
2021-04-01 $189,575 (-6.8%) $294,844 (14.0%) 0.00 20
2021-05-01 $165,000 (-27.3%) $275,515 (3.1%) 0.00 27
2021-06-01 $172,500 (-2.9%) $265,686 (-8.8%) 0.00 35
2021-07-01 $187,500 (-13.2%) $262,704 (-28.2%) 0.00 40
2021-08-01 $187,100 (-10.9%) $269,210 (-26.6%) 0.00 43
2021-09-01 $156,175 (-43.9%) $249,748 (-36.4%) 0.00 47
2021-10-01 $189,900 (-27.5%) $235,114 (-31.2%) 0.00 49
2021-11-01 $182,225 (-15.1%) $222,867 (-29.3%) 0.00 32
2021-12-01 $184,975 (4.7%) $245,790 (-16.1%) 0.00 34
2022-01-01 $219,450 (24.0%) $253,834 (-14.8%) 0.00 16
2022-02-01 $232,225 (51.5%) $269,689 (9.2%) 0.00 21
2022-03-01 $197,100 (31.0%) $254,649 (5.8%) 0.00 23
2022-04-01 $190,000 (0.2%) $287,181 (-2.6%) 0.00 20
2022-05-01 $191,250 (15.9%) $266,039 (-3.4%) 0.00 29
2022-06-01 $204,750 (18.7%) $285,478 (7.5%) 0.00 38
2022-07-01 $240,000 (28.0%) $301,986 (15.0%) 0.00 43
2022-08-01 $204,950 (9.5%) $286,193 (6.3%) 0.00 56
2022-09-01 $197,000 (26.1%) $272,642 (9.2%) 0.00 55
2022-10-01 $189,750 (-0.1%) $267,253 (13.7%) 0.00 50
2022-11-01 $219,125 (20.3%) $264,514 (18.7%) 0.00 53
2022-12-01 $222,500 (20.3%) $266,065 (8.3%) 0.00 47
2023-01-01 $228,000 (3.9%) $263,197 (3.7%) 0.00 39
2023-02-01 $224,600 (-3.3%) $261,787 (-2.9%) 0.00 39
2023-03-01 $224,200 (13.8%) $277,330 (8.9%) 0.00 30
2023-04-01 $248,700 (30.9%) $270,803 (-5.7%) 0.00 30
2023-05-01 $232,450 (21.5%) $270,094 (1.5%) 0.00 31
2023-06-01 $228,725 (11.7%) $288,369 (1.0%) 0.00 39
2023-07-01 $229,700 (-4.3%) $320,285 (6.1%) 0.00 38
2023-08-01 $234,475 (14.4%) $328,026 (14.6%) 0.00 51
2023-09-01 $232,250 (17.9%) $322,679 (18.4%) 0.00 51
2023-10-01 $290,988 (53.4%) $365,441 (36.7%) 0.00 55
2023-11-01 $259,550 (18.5%) $343,198 (29.8%) 0.00 55
2023-12-01 $277,000 (24.5%) $356,445 (34.0%) 0.00 48
2024-01-01 $305,875 (34.2%) $379,659 (44.3%) 0.00 40
2024-02-01 $299,500 (33.4%) $375,545 (43.5%) 0.00 41
Ottawa's median listing price for 2024-02-01 was $299,500, a difference of $74,900 (33.4%) versus the prior year and $-6,375 versus the prior month.

Ottawa's median listing price comes in at 0% of the national average.

Ottawa's average listing price for 2024-02-01 was $375,545, a difference of $113,758 (43.5%) versus the prior year and $-4,114 versus the prior month.

For the 2024-02-01 period, Ottawa had 41 MLS listings, a difference of 1 listings (3%) versus the prior month and 2 listings (5%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Ottawa (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,702 sqft
2018-02-01 0 days 1,666 sqft
2018-03-01 0 days 1,720 sqft
2018-04-01 0 days 1,647 sqft
2018-05-01 0 days 1,696 sqft
2018-06-01 0 days 1,692 sqft
2018-07-01 0 days 1,686 sqft
2018-08-01 0 days 1,559 sqft
2018-09-01 0 days 1,642 sqft
2018-10-01 0 days 1,537 sqft
2018-11-01 0 days 1,505 sqft
2018-12-01 0 days 1,676 sqft
2019-01-01 0 days 1,754 sqft
2019-02-01 0 days 1,825 sqft
2019-03-01 0 days 1,798 sqft
2019-04-01 0 days 1,814 sqft
2019-05-01 0 days 1,827 sqft
2019-06-01 0 days 1,659 sqft
2019-07-01 0 days 1,598 sqft
2019-08-01 0 days 1,598 sqft
2019-09-01 0 days 1,583 sqft
2019-10-01 0 days 1,594 sqft
2019-11-01 0 days 1,613 sqft
2019-12-01 0 days 1,654 sqft
2020-01-01 0 days 1,587 sqft
2020-02-01 0 days 1,638 sqft
2020-03-01 0 days 1,712 sqft
2020-04-01 0 days 1,786 sqft
2020-05-01 0 days 1,728 sqft
2020-06-01 0 days 1,691 sqft
2020-07-01 0 days 1,732 sqft
2020-08-01 0 days 1,745 sqft
2020-09-01 0 days 1,863 sqft
2020-10-01 0 days 1,836 sqft
2020-11-01 0 days 1,856 sqft
2020-12-01 0 days 1,791 sqft
2021-01-01 0 days 1,680 sqft
2021-02-01 0 days 1,688 sqft
2021-03-01 0 days 1,450 sqft
2021-04-01 0 days 1,625 sqft
2021-05-01 0 days 1,625 sqft
2021-06-01 0 days 1,521 sqft
2021-07-01 0 days 1,603 sqft
2021-08-01 0 days 1,557 sqft
2021-09-01 0 days 1,446 sqft
2021-10-01 0 days 1,508 sqft
2021-11-01 0 days 1,524 sqft
2021-12-01 0 days 1,392 sqft
2022-01-01 0 days 1,300 sqft
2022-02-01 0 days 1,329 sqft
2022-03-01 0 days 1,487 sqft
2022-04-01 0 days 1,504 sqft
2022-05-01 0 days 1,407 sqft
2022-06-01 0 days 1,559 sqft
2022-07-01 0 days 1,656 sqft
2022-08-01 0 days 1,414 sqft
2022-09-01 0 days 1,405 sqft
2022-10-01 0 days 1,428 sqft
2022-11-01 0 days 1,523 sqft
2022-12-01 0 days 1,560 sqft
2023-01-01 0 days 1,528 sqft
2023-02-01 0 days 1,447 sqft
2023-03-01 0 days 1,575 sqft
2023-04-01 0 days 1,536 sqft
2023-05-01 0 days 1,886 sqft
2023-06-01 0 days 1,628 sqft
2023-07-01 0 days 1,828 sqft
2023-08-01 0 days 1,790 sqft
2023-09-01 0 days 1,792 sqft
2023-10-01 0 days 1,848 sqft
2023-11-01 0 days 1,844 sqft
2023-12-01 0 days 1,846 sqft
2024-01-01 0 days 1,807 sqft
2024-02-01 0 days 1,872 sqft
Ottawa's median listing age (time on market) for 2024-02-01 was 0 days.

Ottawa's median square footage for active listings during the 2024-02-01 period was 1,872 sqft. One year prior, the average listing was 1,447 sqft.

Ottawa, KS Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 318 $72,230,000 $227,138
Cash Out Refi 65 $11,675,000 $179,615
Refi 54 $10,350,000 $191,667
Other 41 $2,695,000 $65,732
Home Improvement 39 $6,885,000 $176,538

Ottawa's most frequently cited loan purpose was Home Purchase, with 318 originations. The 2nd most popular reason was Cash Out Refi, with 65 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 190 $40,940,000 $215,474
7-8% 124 $28,210,000 $227,500
Over 8% 73 $7,025,000 $96,233
5-6% 57 $12,005,000 $210,614
4-5% 6 $4,780,000 $796,667
<2.5% 1 $155,000 $155,000
3-4% 1 $175,000 $175,000

During 2023, Ottawa's most frequently originated rate bucket was 6-7%, with 190 originations.

Loan Sizing (Ottawa, KS MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 215 $32,545,000 $151,372
$200k-400k 140 $37,830,000 $270,214
$100,000 or less 127 $6,835,000 $53,819
$400k-600k 25 $11,945,000 $477,800
$600k-1000k 6 $4,460,000 $743,333
$Over $1MM 4 $10,220,000 $2,555,000

Ottawa's loan sizing saw the bucket of loans from $100k-200k with 215 originations, totaling $32,545,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 224 $46,470,000 $207,455
60-80% 88 $31,150,000 $353,977
20-40% 48 $4,470,000 $93,125
Under 20% 48 $2,120,000 $44,167
40-60% 31 $5,115,000 $165,000
Over 100% 12 $3,790,000 $315,833

Ottawa's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 224 originations, totaling $46,470,000 in origination value.