Orono, MN
Housing market overview · Updated weekly
$1.56Mmedian sale price
Homes sold
5
Last 12 weeks
Days on market
107
Average pace
Active listings
31
6.2 months supply
Sale-to-list
93.2%
Below asking
The Orono housing market is currently classified as a buyer's market with a median sale price of $1.56M. Prices have risen 2.0% compared to last year, with homes spending an average of 107 days on market, indicating 6.2 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Orono
There are currently 31 homes listed for sale in Orono, Minnesota. The median listing price is $2.3M.
Active listings
31
Homes on market
Median list price
$2.3M
Avg. days on market
107
Days until sale
New this week
8
Newly listed
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Frequently asked questions
What is the average home price in Orono?
The median home sale price in Orono is $1.56M, up 2.0% from last year.
How long do homes stay on market in Orono?
Homes typically spend 107 days on market before going under contract.
Is Orono a buyer's or seller's market?
With 6.2 months of supply, Orono is currently a buyer's market.
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