Ottawa Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Ottawa averaged 7.15% for the week of 2023-09-21, compared to the national average of 7.19% for the same period.

    The average rate for the prior week (2023-09-14) was 7.34% and one month ago for the week of 2023-08-17, the average rate was 7.15%.

    Ottawa's average rate one year ago was 6.18%.

    For refis of the same type during the week of 2023-09-21, the average rate was 7.29%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-09-21 7.19%
    Ottawa 30 Year Fixed Rate 2023-09-21 7.15%
    Ottawa 30 Year Fixed Rate Refi 2023-09-21 7.29%
    Ottawa 15 Year Fixed Rate 2023-09-21 6.74%
    Ottawa 15 Year Fixed Rate Refi 2023-09-21 6.74%
    Ottawa 30 Year FHA 2023-09-21 6.94%
    Ottawa 30 Year FHA Refi 2023-09-21 7.04%
    Ottawa 30 Year USDA 2023-09-21 6.82%
    Ottawa 30 Year USDA Refi 2023-09-21 6.92%
    Ottawa 30 Year VA 2023-09-21 7.02%
    Ottawa 30 Year VA Refi 2023-09-21 6.72%
    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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    Mid-America Bank 26 5.00% $2,158
    NBH Bank 21 5.26% $2,188
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 20 5.45% $2,974
    CALIBER HOME LOANS, INC. 10 5.36% $5,132
    QUICKEN LOANS, LLC 9 5.51% $5,060
    COMMUNITYAMERICA 9 5.14% $3,288
    Mr. Cooper ( Nationstar Mortgage ) 8 5.40% $5,686
    U.S. Bank 6 5.17% $2,551
    FLAT BRANCH MORTGAGE, INC. 6 5.31% $3,710
    PENNYMAC LOAN SERVICES, LLC 5 4.22% $6,345
    COMMUNITY MORTGAGE, LLC 5 5.60% $2,524
    PRIMELENDING, A PLAINSCAPITAL COMPANY 5 4.60% $3,160
    Arvest Bank 5 4.70% $2,941
    FINANCE OF AMERICA MORTGAGE LLC 5 5.15% $2,853
    The Central Trust Bank 4 5.31% $2,815
    MOVEMENT MORTGAGE, LLC 4 5.31% $3,325
    Wells Fargo Bank 4 4.94% $4,195
    FREEDOM MORTGAGE CORPORATION 4 4.50% $4,288
    LOANDEPOT.COM, LLC 4 4.34% $4,369
    UNION HOME MORTGAGE CORP. 3 5.25% $2,879
    ENDEAVOR CAPITAL, LLC. 3 5.42% $3,174
    Central National Bank 3 4.17% $1,122
    Farm Credit Mid-America, ACA 3 4.18% $8,443
    SUCCESS MORTGAGE PARTNERS, INC. 3 6.42% $4,999
    JLB CORPORATION 3 4.88% $3,693
    First State Bank of St. Charles, Missouri 3 4.38% $3,434
    Deere Employees Credit Union 2 4.56% $2,463
    Community First National Bank 2 5.06% $2,655
    CARDINAL FINANCIAL 2 4.75% $9,088
    GUILD MORTGAGE COMPANY 2 4.68% $5,793
    HALLMARK HOME MORTGAGE, LLC 2 7.13% $4,256
    Ixonia Bank 2 6.13% $4,152
    Bankers' Bank 2 5.50% $2,825
    Bell Bank 2 6.74% $2,552
    Landmark National Bank 2 5.06% $2,531
    LEADERONE FINANCIAL CORPORATION 2 5.88% $2,627
    Mortgage Investment Services Corporation 2 6.06% $1,930
    BROKER SOLUTIONS, INC. 2 6.25% $6,101
    Truity Federal Credit Union 2 4.06% $1,893
    Regions Bank 2 6.56% $3,292
    Prosperity Home Mortgage, LLC 2 6.44% $3,429
    MAINSTREET FEDERAL CREDIT UNION 2 4.63% $1,880
    Oakstar Bank 2 3.17% $1,549
    Neighborhood Loans, Inc. 2 5.63% $2,944
    Capitol Federal Savings Bank 2 4.88% $2,301
    Flagstar Bank, FSB 2 4.10% $3,845
    HOME POINT FINANCIAL CORPORATION 1 4.50% $4,465
    AMERICAN FINANCING CORPORATION 1 3.38% $3,057
    American Mortgage & Equity Consultants, Inc. 1 3.63% $3,497
    AMERISAVE MORTGAGE CORPORATION 1 3.38% $9,871
    Azura Credit Union 1 6.38% $0
    BNC National Bank 1 4.00% $2,992
    CMG MORTGAGE, INC. 1 4.25% $3,989
    DAS Acquisition Company, LLC 1 6.63% $2,661
    DELMAR FINANCIAL COMPANY 1 5.00% $465
    Envista Credit Union 1 5.63% $4,159
    First Federal Bank of Kansas City 1 4.38% $3,954
    First National Bank of Omaha 1 5.25% $3,595
    Gateway First Bank 1 6.50% $3,744
    Academy Bank 1 3.00% $2,329
    JPMorgan Chase Bank 1 3.63% $4,297
    LAKEVIEW LOAN SERVICING, LLC 1 4.25% $1,390
    MERITRUST Federal Credit Union 1 4.38% $1,950
    Midwest Heritage Bank FSB 1 7.50% $2,025
    Mortgage Research Center, LLC 1 5.38% $1,991
    NBKC BANK 1 5.25% $4,182
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 5.63% $5,635
    RCB Bank 1 4.88% $2,629
    Sunflower Bank 1 3.49% $2,428
    USAA Federal Savings Bank 1 5.63% $2,550

    Ottawa Average Closing Costs & Other Stats

    Ottawa, KS's 70 lenders originated 580 loans during 2022. The total origination value was $96,880,000, with an average loan value of $167,034.

    Ottawa's average closing costs are $3,832.

    The top Ottawa lender as defined by loan originations is Mid-America Bank, with 26 loans originated. Their average total fees are $2,158, which is $30 lower than the next largest lender, NBH Bank.

    The lowest fee Ottawa lenders (with over 10 loans originated) are Mid-America Bank ($2,158), NBH Bank ($2,188), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($2,974), CALIBER HOME LOANS, INC. ($5,132) and .

    The lowest rate Ottawa lenders (with over 10 loans originated) are Mid-America Bank (5.00%), NBH Bank (5.26%), CALIBER HOME LOANS, INC. (5.36%), FAIRWAY INDEPENDENT MORTGAGE CORPORATION (5.45%) 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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
    Mid-America Bank $15,025,000 $8,245,000 -45.1% 8.5%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $9,220,000 $7,965,000 -13.6% 8.2%
    NBH Bank $10,175,000 $5,285,000 -48.1% 5.5%
    QUICKEN LOANS, LLC $11,695,000 $3,640,000 -68.9% 3.8%
    COMMUNITYAMERICA $3,530,000 $3,560,000 0.8% 3.7%
    Arvest Bank $3,780,000 $2,510,000 -33.6% 2.6%
    Mortgage Research Center, LLC $2,945,000 $2,450,000 -16.8% 2.5%
    CALIBER HOME LOANS, INC. $1,885,000 $2,255,000 19.6% 2.3%
    Oakstar Bank $2,255,000 n/a 2.3%
    SUCCESS MORTGAGE PARTNERS, INC. $1,775,000 $2,240,000 26.2% 2.3%
    FLAT BRANCH MORTGAGE, INC. $1,675,000 $1,750,000 4.5% 1.8%
    UNION HOME MORTGAGE CORP. $2,895,000 $1,720,000 -40.6% 1.8%
    MOVEMENT MORTGAGE, LLC $1,340,000 $1,715,000 28.0% 1.8%
    Mr. Cooper ( Nationstar Mortgage ) $2,135,000 $1,635,000 -23.4% 1.7%
    U.S. Bank $2,735,000 $1,610,000 -41.1% 1.7%
    Farm Credit Mid-America, ACA $2,280,000 $1,590,000 -30.3% 1.6%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $2,885,000 $1,480,000 -48.7% 1.5%
    AMERISAVE MORTGAGE CORPORATION $2,035,000 $1,420,000 -30.2% 1.5%
    FREEDOM MORTGAGE CORPORATION $3,840,000 $1,380,000 -64.1% 1.4%
    FINANCE OF AMERICA MORTGAGE LLC $1,395,000 $1,325,000 -5.0% 1.4%
    PENNYMAC LOAN SERVICES, LLC $1,965,000 $1,325,000 -32.6% 1.4%
    Flagstar Bank, FSB $1,785,000 $1,240,000 -30.5% 1.3%
    Capitol Federal Savings Bank $4,005,000 $1,085,000 -72.9% 1.1%
    LOANDEPOT.COM, LLC $2,190,000 $1,075,000 -50.9% 1.1%
    First Option Bank $950,000 $1,045,000 10.0% 1.1%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,025,000 n/a 1.1%
    GUILD MORTGAGE COMPANY $1,510,000 $1,005,000 -33.4% 1.0%
    Bankers' Bank $980,000 n/a 1.0%
    LEADERONE FINANCIAL CORPORATION $2,635,000 $955,000 -63.8% 1.0%
    Wells Fargo Bank $2,465,000 $850,000 -65.5% 0.9%
    Central National Bank $1,610,000 $835,000 -48.1% 0.9%
    The Central Trust Bank $1,150,000 $835,000 -27.4% 0.9%
    UNITED WHOLESALE MORTGAGE, LLC $2,660,000 $835,000 -68.6% 0.9%
    JLB CORPORATION $1,090,000 $830,000 -23.9% 0.9%
    Carrington Mortgage Services, LLC $470,000 $825,000 75.5% 0.9%
    Prosperity Home Mortgage, LLC $1,545,000 $755,000 -51.1% 0.8%
    Landmark National Bank $2,000,000 $750,000 -62.5% 0.8%
    Ixonia Bank $1,970,000 $695,000 -64.7% 0.7%
    MAINSTREET FEDERAL CREDIT UNION $1,090,000 $695,000 -36.2% 0.7%
    ENDEAVOR CAPITAL, LLC. $940,000 $680,000 -27.7% 0.7%
    LAKEVIEW LOAN SERVICING, LLC $1,515,000 $665,000 -56.1% 0.7%
    SUMMIT FUNDING, INC. $665,000 n/a 0.7%
    BROKER SOLUTIONS, INC. $270,000 $660,000 144.4% 0.7%
    Deere Employees Credit Union $85,000 $625,000 635.3% 0.6%
    Bank of the West $2,660,000 $570,000 -78.6% 0.6%
    HALLMARK HOME MORTGAGE, LLC $550,000 n/a 0.6%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $345,000 $550,000 59.4% 0.6%
    COMMUNITY MORTGAGE, LLC $670,000 $545,000 -18.7% 0.6%
    CoreFirst Bank & Trust $755,000 $545,000 -27.8% 0.6%
    First State Bank of St. Charles, Missouri $1,910,000 $545,000 -71.5% 0.6%
    First Federal Bank of Kansas City $535,000 n/a 0.6%
    USAA Federal Savings Bank $650,000 $515,000 -20.8% 0.5%
    Commerce Bank $1,500,000 $485,000 -67.7% 0.5%
    DELMAR FINANCIAL COMPANY $205,000 $485,000 136.6% 0.5%
    Bell Bank $205,000 $480,000 134.1% 0.5%
    MERITRUST Federal Credit Union $385,000 $480,000 24.7% 0.5%
    Neighborhood Loans, Inc. $465,000 n/a 0.5%
    Mortgage Investment Services Corporation $3,075,000 $455,000 -85.2% 0.5%
    CROSSCOUNTRY MORTGAGE, LLC $390,000 $405,000 3.8% 0.4%
    RESIDENTIAL BANCORP. $395,000 n/a 0.4%
    AMERICAN FINANCING CORPORATION $330,000 $390,000 18.2% 0.4%
    Envista Credit Union $235,000 $380,000 61.7% 0.4%
    CMG MORTGAGE, INC. $85,000 $375,000 341.2% 0.4%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $340,000 n/a 0.4%
    Community First National Bank $430,000 $330,000 -23.3% 0.3%
    Truity Federal Credit Union $730,000 $320,000 -56.2% 0.3%
    CHURCHILL MORTGAGE CORPORATION $320,000 $315,000 -1.6% 0.3%
    NAVY FEDERAL CREDIT UNION $145,000 $310,000 113.8% 0.3%
    Regions Bank $310,000 n/a 0.3%
    NBKC BANK $295,000 n/a 0.3%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $290,000 n/a 0.3%
    Century Mortgage Company DBA Century Lending Company $285,000 n/a 0.3%
    Intrust Bank $195,000 $255,000 30.8% 0.3%
    The Bennington State Bank $245,000 n/a 0.3%
    First National Bank of Omaha $465,000 $240,000 -48.4% 0.2%
    DAS Acquisition Company, LLC $810,000 $225,000 -72.2% 0.2%
    First Federal Savings and Loan Bank $330,000 $220,000 -33.3% 0.2%
    HOME POINT FINANCIAL CORPORATION $2,360,000 $220,000 -90.7% 0.2%
    RCB Bank $165,000 $215,000 30.3% 0.2%
    ZILLOW HOME LOANS, LLC $215,000 n/a 0.2%
    Country Club Bank $225,000 $205,000 -8.9% 0.2%
    First Bank $440,000 $205,000 -53.4% 0.2%
    Sunflower Bank $435,000 $185,000 -57.5% 0.2%
    Azura Credit Union $175,000 n/a 0.2%
    LENDINGHOME FUNDING CORPORATION $175,000 n/a 0.2%
    Labette Bank $165,000 n/a 0.2%
    Mutual Savings Association $165,000 n/a 0.2%
    Academy Bank $155,000 n/a 0.2%
    First State Bank and Trust $105,000 $155,000 47.6% 0.2%
    Midwest Heritage Bank FSB $155,000 n/a 0.2%
    NEW DAY FINANCIAL, LLC $515,000 $155,000 -69.9% 0.2%
    Figure Lending LLC $145,000 n/a 0.1%
    S1L, Inc. $145,000 n/a 0.1%
    Sierra Pacific Mortgage Company, Inc. $145,000 n/a 0.1%
    The Union State Bank of Everest $145,000 n/a 0.1%
    HEARTLAND CREDIT UNION $140,000 n/a 0.1%
    American Mortgage & Equity Consultants, Inc. $135,000 n/a 0.1%
    BAY EQUITY LLC $1,810,000 $135,000 -92.5% 0.1%
    Gateway First Bank $135,000 n/a 0.1%
    LOANPAL, LLC $135,000 n/a 0.1%
    Barrington Bank & Trust Company, N.A. $705,000 $125,000 -82.3% 0.1%
    BNC National Bank $1,355,000 $125,000 -90.8% 0.1%
    Carson Bank $125,000 n/a 0.1%
    Citizens Bank of Amsterdam $125,000 n/a 0.1%
    UMB Bank $120,000 n/a 0.1%
    JPMorgan Chase Bank $555,000 $115,000 -79.3% 0.1%
    PLANET HOME LENDING, LLC $95,000 $115,000 21.1% 0.1%
    Nations Lending Corporation $105,000 n/a 0.1%
    PNC Bank $105,000 n/a 0.1%
    BMO Harris Bank $15,000 $85,000 466.7% 0.1%
    PEOPLES STATE BANK $85,000 n/a 0.1%
    GENEVA FINANCIAL, LLC $75,000 n/a 0.1%
    Great Southern Bank $1,515,000 $75,000 -95.0% 0.1%
    First Savings Bank $65,000 n/a 0.1%
    Emprise Bank $55,000 n/a 0.1%
    FRONTIER COMMUNITY CREDIT UNION $55,000 n/a 0.1%
    THRIVENT Federal Credit Union $55,000 n/a 0.1%
    Lakeview Community Capital, LLC $45,000 n/a 0.0%
    SPRING EQ, LLC $45,000 n/a 0.0%
    Discover Bank $205,000 $35,000 -82.9% 0.0%
    GOLDEN PLAINS $25,000 n/a 0.0%

    Ottawa's top lender by overall market share is Mid-America Bank, with 8.5% market share. In second place, with 8.2%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $7,965,000 in loans. In third place, with 5.5%, is NBH Bank, having originated $5,285,000 in loans. In fourth place, with 3.8%, is QUICKEN LOANS, LLC, having originated $3,640,000 in loans. In fifth place, with 3.7%, is COMMUNITYAMERICA, having originated $3,560,000 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 $166,750 (2.0%) $220,128 (9.3%) 0.00 69
    2020-01-01 $162,475 (-7.1%) $222,102 (-4.1%) 0.00 68
    2020-02-01 $157,450 (-10.0%) $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 (5.9%) $292,785 (33.0%) 0.00 42
    2021-01-01 $177,000 (8.9%) $298,010 (34.2%) 0.00 30
    2021-02-01 $153,250 (-2.7%) $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
    Ottawa's median listing price for 2023-08-01 was $234,475, a difference of $29,525 (14.4%) versus the prior year and $4,775 versus the prior month.

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

    Ottawa's average listing price for 2023-08-01 was $328,026, a difference of $41,833 (14.6%) versus the prior year and $7,741 versus the prior month.

    For the 2023-08-01 period, Ottawa had 51 MLS listings, a difference of 13 listings (34%) versus the prior month and -5 listings (-9%) 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 1,715 sqft
    2018-02-01 0 days 1,689 sqft
    2018-03-01 0 days 1,725 sqft
    2018-04-01 0 days 1,678 sqft
    2018-05-01 0 days 1,707 sqft
    2018-06-01 0 days 1,697 sqft
    2018-07-01 0 days 1,692 sqft
    2018-08-01 0 days 1,568 sqft
    2018-09-01 0 days 1,647 sqft
    2018-10-01 0 days 1,566 sqft
    2018-11-01 0 days 1,491 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 1,826 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 1,578 sqft
    2020-02-01 0 days 1,625 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 1,555 sqft
    2021-07-01 0 days 1,608 sqft
    2021-08-01 0 days 1,562 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
    Ottawa's median listing age (time on market) for 2023-08-01 was 0 days.

    Ottawa's median square footage for active listings during the 2023-08-01 period was 1,790 sqft. One year prior, the average listing was 1,414 sqft.

    Ottawa, KS Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 330 $63,170,000 $191,424
    Cash Out Refi 112 $19,080,000 $170,357
    Refi 62 $9,490,000 $153,065
    Home Improvement 39 $2,585,000 $66,282
    Other 37 $2,555,000 $69,054

    Ottawa's most frequently cited loan purpose was Home Purchase, with 330 originations. The 2nd most popular reason was Cash Out Refi, with 112 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    5-6% 178 $30,180,000 $169,551
    3-4% 120 $21,710,000 $180,917
    4-5% 117 $20,655,000 $176,538
    6-7% 83 $12,015,000 $144,759
    7-8% 28 $4,010,000 $143,214
    2.5-3% 27 $4,405,000 $163,148
    Over 8% 7 $455,000 $65,000
    <2.5% 4 $770,000 $192,500

    During 2022, Ottawa's most frequently originated rate bucket was 5-6%, with 178 originations.

    Loan Sizing (Ottawa, KS MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 268 $39,830,000 $148,619
    $200k-400k 156 $40,670,000 $260,705
    $100,000 or less 139 $8,505,000 $61,187
    $400k-600k 17 $7,875,000 $463,235

    Ottawa's loan sizing saw the bucket of loans from $100k-200k with 268 originations, totaling $39,830,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 262 $50,660,000 $193,359
    60-80% 139 $25,645,000 $184,496
    40-60% 64 $10,160,000 $158,750
    Under 20% 48 $2,390,000 $49,792
    20-40% 42 $3,550,000 $84,524
    Over 100% 4 $1,070,000 $267,500

    Ottawa's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 262 originations, totaling $50,660,000 in origination value.