Housing in Owatonna, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$251,000
Median List Price
$357,900
Price Per Sq Ft
$131
Days on Market
79
Active Inventory
57
Months of Supply
3.6
Seller's market
Zillow Home Value
$285,304
ZHVI — January 2026
Zillow Rent Index
$1,151
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
12.5%
Off Market in 2 Weeks
22.7%
Sale-to-List Ratio
95.5%
Buyer's market
Market Activity
Source: RedfinHomes Sold
16
New Listings
19
Pending Sales
22
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$131
Median List $/SF
$172
Owatonna vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Owatonna 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
$234,600
Median Rent
$1,010
Total Housing Units
11,371
Vacancy Rate
4.2%
Owner Occupied
76.7%
Renter Occupied
23.3%
Median Property Tax
$2,999
per year
Monthly Cost (w/ Mortgage)
$1,282
Housing Types
The current median sale price in Owatonna, MN is $251,000 according to Redfin data. Homes spend a median of 79 days on the market. 12.5% of homes sold above asking price. The market has 3.6 months of supply. The median price per square foot is $131. Zillow's observed rent index is $1,151/month. About 76.7% of housing units are owner-occupied. The median year homes were built is 1977. There are 11,371 total housing units.