Metropolitan market · Minnesota · June 2026 data

Owatonna Real Estate Market

The Owatonna, MN housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Owatonna report in a click.

Median listing price
$329,675
▼ 5.8% YoY
Median $ / sq ft
$162
2,023 sq ft median
Median days on market
38
June 2026
Active listings
86
For sale now
New listings
60
June 2026
Listings with price cuts
17%
Share of active
Median sale price (closed)
$287,000
▼ 1.0% YoY · closed sales
Sale-to-list ratio
100.4%
Closed sales
Homes sold / month
49
Closed sales
Median listing price trend
$400K$375K$349K$324K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Owatonna MN · trailing 8 quarters · source: public records and industry data.

The 10-year view
$350K$315K$280K$245K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Owatonna MN · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
86
New this month
60
Pending
62
Price-reduced
14

As of June 2026, the median home listed in Owatonna, MN asks $329,675 — down 5.8% from a year ago. Homes are taking a median of 38 days to go under contract, and 17% of the 86 active listings have taken a price cut, which points to a seller-leaning market. Figures cover the Owatonna, MN metro area. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
57/100
#313 of 932 covered metros
12-month outlook
+0.1%
Flat · model output, not advice
Momentum
40
Value
80
Rental yield
43
Supply risk
52
Market heat
87

Owatonna scores 57/100 on our composite Investor Score (#313 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 88% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 5.8% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Owatonna ranks on the trending markets index.

What mortgage rates do to the payment
If rates fall 1% · 5.43%
$1,486/mo
−$169/mo vs today
At today's rate · 6.43%
$1,655/mo
National weekly average
If rates rise 1% · 7.43%
$1,831/mo
+$177/mo vs today

Principal & interest on the $329,675 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

Growth, supply pipeline & risk
Building permits (2025)
29
▲ 3.6% vs 2024
0.8 per 1,000 residents
Net migration (2022–2023)
+51
▲ people, via tax-return records
net income flow −$5.48M/yr
Natural-hazard risk
Very Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Owatonna market FAQs

What is the median home price in Owatonna?
As of June 2026, the median listing price in Owatonna, MN is $329,675, down 5.8% year over year (source: public records and industry data). Figures cover the Owatonna, MN metro area.
How fast are homes selling in Owatonna?
The median property in Owatonna spends 38 days on the market, with 86 homes actively listed and 17% of them carrying a price cut — a seller-leaning market by pace.
Who are the top real estate agents in Owatonna?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Owatonna and the wider Minnesota market.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Owatonna, MN metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.