The market, honestly
The latest Ottawa Real Estate Board figures, quoted exactly, with the date and the source. No neighbourhood price guesses: OREB does not publish neighbourhood-level numbers in its monthly release.
OREB's September 2026 figures for all of Ottawa: single-family benchmark price $705,100; months of inventory, single-family 4.4; average sale price, all homes $685,640. OREB does not publish neighbourhood-level prices.
Updated · Facts on this page link to their sources
Citywide numbers
Citywide Ottawa figures from OREB's monthly MLS® report. They describe the whole city, not one neighbourhood.
- $705,100Single-family benchmark price (MLS® HPI)Nearly unchanged from Sept 2025; down 3.0% from August
- 4.4Months of inventory, single-familyAll homes: 4.8, up from 4.1 a year earlier
- $685,640Average sale price, all homesDown 1.0% from Sept 2025
- 1,010Homes sold in SeptemberDown 6.6% from Sept 2025
- 27Median days on market22 days in Sept 2025
- 97.5%Sale-to-list price ratio98.1% in Sept 2025
- 4,813Active listings at month endUp 7.9% from Sept 2025
- 34.5%Sales-to-new-listings ratioLowest September result of the past decade, per OREB
Figures for September 2026, released October 5, 2026 · oreb.ca
A buyer's autumn
OREB's September 2026 release describes a market that gave buyers more choice. Sales held near August's level, while new listings rose 38.1% from August, much faster than the 12.9% median increase for that month over the previous ten years.
Prices were mixed. The average sale price was close to August and 1.0% below a year earlier, but the MLS® Home Price Index, which tracks a representative home and so removes the effect of which homes happened to sell, fell 2.2% from August. OREB says that was the largest August-to-September drop in a series that starts in 2005, and also notes that one month does not establish a trend.
- New listings: 2,927 in September, up 3.0% from a year earlier and 38.1% from August.
- Year to date: 10,288 homes sold, down 6.9% from the same period in 2025.
- Median sale price: $625,000, down 0.8% year over year.
- Ottawa's three suburban submarkets accounted for 72.7% of September sales.
- OREB cites TD, RBC and CMHC forecasts that point to limited near-term price growth and a gradual recovery.
Single-family
≈0% year over year · −3.0% from August · 535 sales (−4.6%)
$705,100benchmarkTownhouse
−2.2% year over year · 329 sales (−3.5%)
$546,500benchmarkApartment
−6.1% year over year · 121 sales (−24.8%)
$380,800benchmarkAll homes (composite)
−0.3% year over year · −2.2% from August
$623,500benchmark
Not a valuation. These are citywide figures for all of Ottawa. A single home's value depends on its size, condition, lot and street; ask a REALTOR® for a comparative market analysis.
Homes on this hub
- 0For sale with a website here
- 0Sold
- 2Neighbourhoods coveredToo few homes yet to quote a typical price
Asking prices from REALTOR.ca listings of homes with a website on lowertown.homes.
Quick answers
Short answers first; each links to the full answer and its sources.
What are homes like in Lowertown?
Homes in Lowertown are mostly apartments. In the 2021 census, via the Ottawa Neighbourhood Study, apartments were 84.8% of dwellings in Lowertown West and 75.8% in Lowertown East. Row houses were 6.9% (West) and 17.2% (East), and single-detached houses under 2% in both.
As of 2026-10 · ons-sqo.ca ons-sqo.ca
How much do homes cost in Lowertown?
This guide has no Lowertown-specific sale price. The 2021 census median owner-estimated dwelling value was $464,000 in Lowertown West and $650,000 in Lowertown East. Citywide, OREB reported a $705,100 single-family benchmark price and a $685,640 average sale price for all homes in September 2026.
As of 2026-10 · ons-sqo.ca ons-sqo.ca
Do more people rent or own in Lowertown?
More Lowertown households rent than own. In the 2021 census, via the Ottawa Neighbourhood Study, 67.0% of Lowertown West households and 85.8% of Lowertown East households were renters.
As of 2026-10 · ons-sqo.ca ons-sqo.ca
What is the Ottawa housing market like right now?
Citywide, OREB reported 1,010 homes sold in September 2026, down 6.6% from September 2025, and active listings of 4,813, up 7.9%. The median days on market was 27, against 22 a year earlier. These are whole-city figures, not Lowertown figures.
As of 2026-10 · oreb.ca
Are there detached houses in Lowertown?
Very few. In the 2021 census, via the Ottawa Neighbourhood Study, single-detached houses were 1.6% of dwellings in Lowertown West and 1.8% in Lowertown East. Row houses were 6.9% and 17.2%.
As of 2026-10 · ons-sqo.ca ons-sqo.ca