In 2025, the average home price in Ottawa remained relatively stable at approximately $771,200–$777,400, reflecting minimal year-over-year change and reinforcing the city’s reputation as one of Canada’s most stable housing markets.

The condominium segment saw modest fluctuations but remained an affordable entry point compared to other major cities.

2025 Residential Property Performance

Detached Homes

• Annual Average: Median detached prices averaged roughly $881,000–$886,000, showing slight year-over-year declines of about 1%.

• Market Trend: Demand remained steady due to government employment stability and consistent population growth.

• Market Leader: Central Ottawa and established suburban communities continued commanding premium prices.

Condominiums

• Annual Average: Approximately $400,900–$408,700.

• Year-Over-Year Change: Condo prices posted small gains earlier in the year before stabilizing.

• Market Trend: Condos attracted first-time buyers seeking affordability.

Attached Homes (Townhomes/Semis)

• Average Price: Generally ranged between $650,000–$700,000 depending on neighbourhood and property type.

• Demand Trend: Townhomes remained one of Ottawa’s most competitive segments due to balanced affordability and space.

Market Dynamics & Forecasts

• Overall Market: Ottawa’s resale market showed traditional stability, with modest price and sales increases compared to 2024.

• Inventory: Inventory levels increased throughout 2025, helping shift the market toward balanced conditions and giving buyers more choice.

• Neighborhood Hotspots: Strong demand persisted in Barrhaven, Kanata and Orleans. Affordable options remained available in outer suburban communities.

• 2026 Outlook: Industry forecasts by the Ottawa Real Estate Board expect slow but steady price growth, supported by stable employment, improving affordability, and gradually easing mortgage rates.