Ottawa Housing Market
Monthly report on home prices and salesIn September 2026, the average home in Ottawa sold for $685,640, down 1% from September 2025 and down 0.4% from August 2026. 1,010 homes sold, down 6.6% from September 2025. Sales came to 34.5% of new listings, which points to a buyer's market (below 40%). Half of the homes sold within 27 days, 22.7% longer than a year earlier.
Average Sold Price*
*All residential: single family, townhouse, apartment and other residential homes
Transactions*
*All residential: single family, townhouse, apartment and other residential homes
See the figures in a table
| Month | Average Price | vs. previous month | Sales | vs. previous month |
|---|---|---|---|---|
| September 2026 | $685,640 | -0.4% | 1,010 | +0.8% |
| August 2026 | $688,253 | +0.7% | 1,002 | -24.4% |
| July 2026 | $683,308 | -6.9% | 1,325 | -12.7% |
| June 2026 | $733,648 | +1.7% | 1,518 | -6.1% |
| May 2026 | $721,270 | +1.3% | 1,616 | +21% |
| April 2026 | $712,184 | +2.8% | 1,336 | +24.3% |
| March 2026 | $692,584 | +4.5% | 1,075 | +37.8% |
| February 2026 | $662,773 | +3.3% | 780 | +27.9% |
| January 2026 | $641,436 | -2.7% | 610 | +3.9% |
| December 2025 | $658,943 | -3.6% | 587 | -32.1% |
| November 2025 | $683,783 | -3.6% | 864 | -26.6% |
| October 2025 | $709,002 | +2.7% | 1,177 | +8.1% |
Market Conditions
September 2026
Transactions by Home Type
September 2026
- Single Family53% (535)
- Townhouse33% (329)
- Apartment12% (121)
- Other2% (25)
Ottawa Housing Market: Quick Answers
What is the average home price in Ottawa?
In September 2026, the average home in Ottawa sold for $685,640. The median price was $625,000: half of the homes sold for more, half for less.
Are home prices going up or down in Ottawa?
Down. The average price in September 2026 was 1% lower than in September 2025. Against the previous month, it fell 0.4%.
Is Ottawa a buyer's or seller's market?
It leans toward buyers. Sales came to 34.5% of new listings, which points to a buyer's market (below 40%). There were 4.8 months of inventory: how long the homes for sale would last at the current pace of sales.
How long does it take to sell a home in Ottawa?
Half of the homes sold within 27 days, 22.7% longer than a year earlier.
How many homes sold in Ottawa in September 2026?
1,010 homes sold in Ottawa in September 2026, down 6.6% from September 2025 and up 0.8% from August 2026.
How much do different types of homes cost in Ottawa?
Single Family: $823,449 average, down 3.1% from a year earlier. Townhouse: $543,337 average, down 2.2% from a year earlier. Apartment: $431,645 average, up 0.9% from a year earlier.
Compare Ottawa
Glossary
Ottawa
The City of Ottawa as covered by the Ottawa Real Estate Board's monthly statistics: Ottawa Centre, the east, west and south suburbs and the rural areas, every residential sale on OREB's MLS® System.
Average price
Total dollars paid divided by the number of sales, as printed by OREB for all residential sales and for each home type.
Median price
The price in the middle of all sales: half sold for more, half for less. Less sensitive than the average to a few very expensive homes.
Benchmark price
The MLS® Home Price Index value of a typical home, tracked over time. Unlike the average, it does not move just because more expensive (or cheaper) homes happened to sell this month. CREA re-estimated the index in November 2025, so benchmarks from before and after cannot be compared directly; the changes shown are OREB's own.
Home types
Single family is detached houses (one and two storeys), townhouse includes row units, apartment is condominium apartments. All residential also counts a few sales of other types that OREB does not break out.
Median days on market
Half of the homes sold sooner than this, half later. OREB publishes the median rather than the average.
Months of inventory
Homes for sale at the end of the month divided by the month's sales: how long they would last at this pace.
Sales to new listings
Sales divided by new listings in the month. Below about 40% the market favours buyers, above about 60% sellers.
Yearly change
OREB's printed change from the same month a year earlier. OREB updates earlier months as late sales are recorded and computes the change on the updated figures, so it can differ slightly from a change taken between the two months shown on the charts.
The statistics on this page belong to the Ottawa Real Estate Board (OREB). You may quote them with credit and a link: see using our data.
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