Owatonna, MN
Housing market overview · Updated weekly
$281,152median sale price
Homes sold
15
Last 12 weeks
Days on market
36
Average pace
Active listings
52
3.5 months supply
Sale-to-list
99.1%
Below asking
The Owatonna housing market is currently classified as a balanced market with a median sale price of $281,152. Prices have risen 6.1% compared to last year, with homes spending an average of 36 days on market, indicating 3.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Owatonna?
The median home sale price in Owatonna is $281,152, up 6.1% from last year.
How long do homes stay on market in Owatonna?
Homes typically spend 36 days on market before going under contract.
Is Owatonna a buyer's or seller's market?
With 3.5 months of supply, Owatonna is currently a balanced market.
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