Housing in Orono, MN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$1,062,500

Median List Price

$1,110,000

Price Per Sq Ft

$277

Days on Market

64

Active Inventory

25

Months of Supply

4.2

Balanced market

Zillow Home Value

$1,083,661

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 67.9%List Price 30.6%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

57.1%

Sale-to-List Ratio

98.1%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
57.1%
Listings with Price Drops
16.0%

Market Activity

Source: Redfin

Homes Sold

6

New Listings

9

Pending Sales

7

Homes Sold 50.0%New Listings 47.1%Pending 36.4%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$277

Median List $/SF

$307

Sale $/SF 24.2%List $/SF 4.4%Mar 24Jan 26

Orono vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Orono is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$952,400

Median Rent

$1,653

Total Housing Units

3,449

Vacancy Rate

10.7%

Owner Occupied

90.5%

Renter Occupied

9.5%

Median Property Tax

$8,410

per year

Monthly Cost (w/ Mortgage)

$3,515

Housing Types

Single Family
94.0%
Multi-Family
5.8%
Mobile Home
0.2%

The current median sale price in Orono, MN is $1,062,500 according to Redfin data. Homes spend a median of 64 days on the market. 0.0% of homes sold above asking price. The market has 4.2 months of supply. The median price per square foot is $277. The median rent is $1,653 per month (Census ACS). About 90.5% of housing units are owner-occupied. The median year homes were built is 1982. There are 3,449 total housing units.