Owatonna, MN Homes for Sale

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  /42

  $209,900

  • 3 Beds
  • 2 Baths
  • 1,791 Sq Ft

  506 S Oak Ave, Owatonna, MN 55060

  Welcome to your dream home! This beautifully maintained 3-bedroom, 2-bath residence is filled with charming details and modern upgrades perfect for today's lifestyle. Enjoy stunning natural woodwork and gleaming hardwood floors throughout, creating a warm and inviting atmosphere. The spacious eat-in kitchen boasts an island and hard surface countertops, ideal for entertaining and family meals.

  

  Evan Knutson

  Weichert, REALTORS- Heartland

  (507) 690-1320

  506 S Oak Ave, Owatonna, MN 55060
• Explore Owatonna

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  /39

  $289,900

  • 5 Beds
  • 3 Baths
  • 1,991 Sq Ft

  475 Oakwood Ln, Owatonna, MN 55060

  Spacious, inviting, and full of opportunity — this 5-bedroom, 3-bath four-level home offers the perfect blend of comfort, functionality, and room to grow. Nestled in a desirable neighborhood, this property features a thoughtfully designed layout with generous living spaces ideal for both everyday living and entertaining.The separate informal dining area provides a welcoming setting for

  

  Jennifer Fielding

  eXp Realty

  (507) 501-5756

  475 Oakwood Ln, Owatonna, MN 55060
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  /38

  $215,000

  • 3 Beds
  • 1.5 Baths
  • 1,380 Sq Ft

  1212 S Grove Ave, Owatonna, MN 55060

  Take a look at this adorable home in the heart of Owatonna. Enjoy cooking in the large eat-in kitchen and then relax in the warm and cozy living room. 2 bedrooms on the main along with a full bath, a 1/2 bath and laundry!! The 3rd bedroom is on the upper level. Enjoy time outside on the large patio, tinker in the oversized 2 car garage and have peace of mind for kids and pets with the fully

  

  Jennifer Walsh

  eXp Realty

  (507) 593-3796

  1212 S Grove Ave, Owatonna, MN 55060
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  /27

  $144,900

  • 3 Beds
  • 2 Baths
  • 1,420 Sq Ft

  134 W University St, Owatonna, MN 55060

  Bring your VISION and realize the VALUE! Here is a property that has plenty of potential - with a bedroom and full bath on the main floor, along with the home’s living room and kitchen. Laundry has also been brought up to the main level for convenience. Upper level living space includes 3 more bedrooms and a 3⁄4 bath. The home’s covered front porch can be a cozy place to relax. And in 2022, the

  

  Benjamin Gillard

  RE/MAX Venture

  (507) 575-4205

  134 W University St, Owatonna, MN 55060
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  /44

  $369,000

  • 3 Beds
  • 1 Bath
  • 1,209 Sq Ft

  7798 Highway 218, Owatonna, MN 55060

  Experience the serenity and space of true country living on this beautiful seven-acre retreat just minutes from town. Bathed in natural light, the thoughtfully appointed home offers a warm, welcoming atmosphere that blends seamlessly with its scenic surroundings. The property is well-equipped for hobby farming or rural living, featuring a wooded pasture (sheep may remain if desired), a 17x11

  

  Kathy Kalow

  Edina Realty, Inc.

  (507) 706-5264

  7798 Highway 218, Owatonna, MN 55060
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  /2

  $250,000

  • Land
  • 1.82 Acres
  • $137,363 per Acre

  xxx Landmark Dr NE, Owatonna, MN 55060

  High traffic higher end commercial development. It is time to build your new commercial location.

  

  Jennifer Fielding

  eXp Realty

  (507) 418-5420

  xxx Landmark Dr NE, Owatonna, MN 55060
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  /54

  $362,900

  • 5 Beds
  • 2 Baths
  • 2,396 Sq Ft

  581 Havana Rd, Owatonna, MN 55060

  Rare 5 Bedroom Ranch with Heated Garage + Bonus Entertainment Space + Major Updates!Hard-to-find 5 bedroom, 2 bathroom ranch-style home featuring a 2-stall heated garage with floor drain and an additional insulated, heated & air-conditioned entertainment bar room behind the garage — ideal for a man cave, hobby space, home business, gym, or entertaining retreat. Buy with confidence knowing

  

  Jennifer Fielding

  eXp Realty

  (507) 683-4871

  581 Havana Rd, Owatonna, MN 55060
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  /44

  $240,000

  • 3 Beds
  • 2 Baths
  • 2,073 Sq Ft

  430 S Elm Ave, Owatonna, MN 55060

  This classic Victorian charmer has so much to offer! Large updated kitchen with stainless steel appliances, and hand-scraped hardwood floors. Separate dining room, huge living room, and main floor laundry/den round out the main level. Gorgeous wood staircase leads to three large bedrooms upstairs with newly remodeled bathroom. Extra deep one stall garage with access to fenced in private backyard

  Claire Conway Bartels Edina Realty, Inc.

  430 S Elm Ave, Owatonna, MN 55060
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  /41

  $385,900 New Construction

  • 2 Beds
  • 2 Baths
  • 1,356 Sq Ft

  873 Escalade Ln SE, Owatonna, MN 55060

  Looking for a home that truly fits your lifestyle? We can build your dream home - ranch, split-level, two-story, or patio style-in one of our beautiful developments. Or, step right into this move-in-ready patio home, designed for low maintenance and single level living. Why this house? Highlights include: Association with less limitations, trusted brand windows, Premium brand countertops, lawn

  Darcy Ihrke Berkshire Hathaway Home Services Advantage Real Estate

  873 Escalade Ln SE, Owatonna, MN 55060
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  /36

  $339,900

  • 4 Beds
  • 2 Baths
  • 1,852 Sq Ft

  714 South St, Owatonna, MN 55060

  Welcome home to this charming rambler full of warmth and character, perfectly nestled in a highly desirable SE neighborhood. From the moment you step inside, you’ll feel the inviting atmosphere that makes this house truly special. The focal point fireplace anchors the main living space, creating the perfect setting for cozy evenings, gatherings with friends, or simply relaxing at the end of the

  Kasey Anderson eXp Realty

  714 South St, Owatonna, MN 55060
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  /45

  $355,000 Coming Soon

  • 4 Beds
  • 2 Baths
  • 2,235 Sq Ft

  880 Myers Dr NE, Owatonna, MN 55060

  COMING SOON – Available Saturday 4/4 - Welcome home to this bright and cheery split-level that blends space, style and thoughtful updates throughout! The inviting living room features newer carpet and built-ins, creating a fresh, comfortable space to relax or entertain. Step outside through the doors to a brand-new 12x14 deck with stairs leading down to the backyard and a 13x14 patio—perfect for

  Molly Hendrickson Landmark Realtors, LLC

  880 Myers Dr NE, Owatonna, MN 55060
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  /50

  $425,000

  • 4 Beds
  • 3 Baths
  • 2,936 Sq Ft

  712 Churchill Dr SE, Owatonna, MN 55060

  Spectacular four bedroom, three bathroom home situated on a beautiful lot in Owatonna. A dramatic foyer welcomes you into the sun filled main level featuring multiple living and dining areas, a flexible bedroom or office, three quarter bath, laundry, mudroom, and an expansive kitchen designed for everyday living and entertaining. The upper level offers three additional bedrooms and a shared full

  John Schuster Coldwell Banker Realty - Southwest Regional

  712 Churchill Dr SE, Owatonna, MN 55060
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  /69

  $439,900 Open Thu 4:30PM - 6PM

  • 3 Beds
  • 3.5 Baths
  • 2,520 Sq Ft

  1060 Cherry St, Owatonna, MN 55060

  ARE YOU A CAR ENTHUSIAST? HAVE A HOME BUSINESS? Need room for your boat, snowmobiles, trailer? Want more workspace for your projects? You’ll get what you're looking for, all within this 2-stall attached garage and separate 2-stall detached garage - over 1,500 sq ft of heated and insulated garage/workshop space! And the home? There’s a lot to discover in this 3 BR, 4 bath ranch offering over 2,500

  Matt Gillard RE/MAX Venture

  1060 Cherry St, Owatonna, MN 55060
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  /42

  $340,000

  • 2 Beds
  • 2 Baths
  • 1,671 Sq Ft

  3234 SE 14th Ave, Owatonna, MN 55060

  Amazing opportunity to own 4.3 acres hobby farm in convenient location! Experience a well-maintained home with many recent updates, including: roof (2025), a/c (2025), living room picture window (2025), iron filtration system (2024), kitchen sink (2026), range (2026), septic (2020), bathroom remodel (2017), & kitchen remodel (2004). Conveniently laid out with a spacious kitchen, bright & sunny

  Taylor Foster JPW Realty

  3234 SE 14th Ave, Owatonna, MN 55060
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  /29

  $315,000

  • 4 Beds
  • 3 Baths
  • 2,240 Sq Ft

  355 15th St NE, Owatonna, MN 55060

  Welcome to your next chapter in one of NE’s desirable locations! Tucked away on a quiet cul-de-sac, this spacious 4 bedroom, 3 bathroom home sits on a large yard that offers room to play, entertain, garden, or simply unwind. Step inside and you’ll love the airy, open layout filled with natural light and fresh paint throughout the main level — it feels clean, bright, and move-in ready. The

  Kasey Anderson eXp Realty

  355 15th St NE, Owatonna, MN 55060
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  /25

  $319,900

  • 4 Beds
  • 2 Baths
  • 2,258 Sq Ft

  733 E Academy St, Owatonna, MN 55060

  Beautifully updated 4-bed, 2-bath home located in a quiet cul-de-sac offering the perfect blend of comfort, function and fun!The main level features a remodeled kitchen with newer appliances, bright updated windows, 3 full size bedrooms, and open living area perfect for everyday living.The finished basement is a true standout, offering a spacious living room ideal for entertaining or

  Megan Hannah Keller Williams Preferred Rlty

  733 E Academy St, Owatonna, MN 55060
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  /51

  $329,900 Open Thu 4:30PM - 6PM

  • 5 Beds
  • 2 Baths
  • 2,301 Sq Ft

  670 Lynwood St, Owatonna, MN 55060

  SO MUCH MORE THAN MEETS THE EYE....don’t pass this one by! You’ll be wonderfully surprised by the ‘extras’ you’ll discover in this cheery 5 BR, 2 bath split-level home. A two level expansion created nearly 600 sq ft of additional finished living space since the home’s initial construction. Come see for yourself! On the upper level you’ll find the living room, 2 bedrooms, a full bath, and kitchen;

  Matt Gillard RE/MAX Venture

  670 Lynwood St, Owatonna, MN 55060
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  /27

  $418,000 New Construction

  • 4 Beds
  • 2 Baths
  • 2,008 Sq Ft

  1310 Greenleaf Rd, Owatonna, MN 55060

  HONEY STOP THE CAR!! If you are looking for an entry level quality built new construction home in a mature neighborhood with street assessments paid, this 4 bedroom, 2 bath, 2 car garage, is a great place to start! Custom Cabinets, Kitchen Center Island with cabinets on both sides for additional storage. Upgrades of Quartz countertops, Tile backsplash. Luxury Vinyl Plank Flooring in Living Room,

  Sandra McConn Halla Berkshire Hathaway HomeServices Advantage Real Estate

  1310 Greenleaf Rd, Owatonna, MN 55060
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  /44

  $309,900

  • 3 Beds
  • 3 Baths
  • 1,628 Sq Ft

  216 Lincoln Ave, Owatonna, MN 55060

  Welcome home to this beautifully updated 3 bedroom, 2 bath two-story residence that perfectly blends timeless charm with modern upgrades. From the moment you step inside, you'll appreciate the rich hardwood flooring, custom built-ins, and inviting wood-burning fireplace that create warmth and character throughout. The fully remodeled kitchen is a standout feature, boasting brand-new cabinets,

  Rick Tonjum Edina Realty, Inc.

  216 Lincoln Ave, Owatonna, MN 55060
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  /46

  $425,000

  • 4 Beds
  • 3.5 Baths
  • 2,776 Sq Ft

  2050 Willow Ridge Place NE, Owatonna, MN 55060

  Welcome to this beautiful two-story home offering an exceptional blend of space, comfort, and functionality. The thoughtfully designed main level is ideal for both everyday living and entertaining guests, featuring an inviting living room with a gas fireplace and expansive east- and west-facing windows that fill the space with natural light. The well-appointed kitchen includes a center island,

  Diane Holland RE/MAX Venture

  2050 Willow Ridge Place NE, Owatonna, MN 55060
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  /48

  $349,900 Open Thu 4:30PM - 6PM

  • 4 Beds
  • 2 Baths
  • 1,716 Sq Ft

  238 13th St SW, Owatonna, MN 55060

  JUST MOVE IN....there’s nothing left to do! Open the door to obvious pride-in-ownership in this solid 1960s ranch. Entering the home, you’ll find a comfortable living room brightened by a lovely bay window, and a kitchen that features a dining island along with quality cabinetry and hard surface countertops. 2 nice-sized bedrooms, and a full bath with double vanity make up the remainder of the

  Matt Gillard RE/MAX Venture

  238 13th St SW, Owatonna, MN 55060
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  /53

  $310,000

  • 3 Beds
  • 2 Baths
  • 1,606 Sq Ft

  609 Harriet Ave, Owatonna, MN 55060

  This one of a kind 3 bed, 2 bath, one-story home blends striking character with thoughtful updates. From the curb, the drive-thru carport leading to the garage sets the tone for something truly special. Inside, the living room is anchored by a unique gas fireplace that feels both artistic and inviting, while fresh LVP flooring, new carpet, and updated countertops and backsplash create a clean,

  Matthew Kern RE/MAX Venture

  609 Harriet Ave, Owatonna, MN 55060
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  /51

  $341,900

  • 3 Beds
  • 2.5 Baths
  • 2,380 Sq Ft

  2045 3rd Ave NE, Owatonna, MN 55060

  Just in time for spring, this meticulously cared-for ranch-style home is ready to impress! Featuring a desirable main-floor open concept, the kitchen, dining, and living areas showcase beautifully updated hardwood flooring that creates a warm and inviting space. The main level offers three comfortable bedrooms, along with updated bathrooms including a full bath, a private primary 1⁄2 bath, and an

  Nancy Sletten Berkshire Hathaway HomeServices Advantage Real Estate

  2045 3rd Ave NE, Owatonna, MN 55060
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  /40

  $344,900 Open Thu 4:30PM - 6PM

  • 4 Beds
  • 2 Baths
  • 1,612 Sq Ft

  318 Thomas Ave, Owatonna, MN 55060

  HERE’S A RARE OPPORTUNITY for someone looking for more workshop storage or hobby area - this property boasts 1500+ Sq Ft of attached insulated and heated garage/shop space. And with a 10’ ceiling, the garage could also accommodate a lift or hoist system if needed. The 1.5-story home has 4 good-sized bedrooms, 2 bathrooms, a bright living room, and a nice eat-in kitchen. This home has been fully

  Matt Gillard RE/MAX Venture

  318 Thomas Ave, Owatonna, MN 55060
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  /41

  $350,000

  • 3 Beds
  • 1.5 Baths
  • 2,046 Sq Ft

  551 Agnes St, Owatonna, MN 55060

  Welcome to this charming 1930s two-story home, where timeless character meets everyday comfort. The classic brick exterior enhances the home's curb appeal, complemented by a beautiful yard perfect for outdoor enjoyment. All of this is conveniently located near downtown shops, restaurants, and major amenities, offering both charm and convenience. Inside the inviting dining room features two

  Nancy Sletten Berkshire Hathaway HomeServices Advantage Real Estate

  551 Agnes St, Owatonna, MN 55060
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  /2

  $52,900

  • Land
  • 0.38 Acre
  • $139,211 per Acre

  2810 Deer Trail Ln NE, Owatonna, MN 55060

  Beautiful development in Owatonna. Majestic Oaks offers a great variety of over-sized lots offers homeowners ample area to create their own beauty. Here you will be able to enjoy the feel of country living with the comforts of an inviting residential neighborhood. Open to all builders! Curb and gutter assessments paid.

  Rebecca Hermanson-Hill Berkshire Hathaway HomeServices Advantage Real Estate

  2810 Deer Trail Ln NE, Owatonna, MN 55060
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  /2

  $49,000

  • Land
  • 0.23 Acre
  • $213,043 per Acre

  XXXX Creek View Ln NE, Owatonna, MN 55060

  Thinking about building...This subdivision is a super place to live. Northeast edge of town offering quick access to I-35, walking path, and schools. Beautiful neighborhood. Perfect opportunity for daylight windows! Come view today!!

  Deb Schmidt Help-U-Sell Heritage Real Est.

  XXXX Creek View Ln NE, Owatonna, MN 55060
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  /2

  $85,900

  • Land
  • 0.43 Acre
  • $199,767 per Acre

  1310 Robin Hood Ln SE, Owatonna, MN 55060

  Great opportunity to build that new home you've been dreaming about with all street assessments PAID.Experience Custom Quality Construction with Welker Custom Homes. Attention to detail. Use your plan or check out one of ours. We will design from your ideas also.Several lots to choose from, pick yours now while still available. It's a great day to "Find Your Heart A Home!" or we will

  Sandra McConn Halla Berkshire Hathaway HomeServices Advantage Real Estate

  1310 Robin Hood Ln SE, Owatonna, MN 55060
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  /2

  $62,895

  • Land
  • 0.26 Acre
  • $241,904 per Acre

  2550 Stony Creek Dr NE, Owatonna, MN 55060

  Premium single-family new construction lot in a desirable location—perfect for buyers readyto design and build their custom home. This build-ready lot provides flexibility, moderninfrastructure, and the opportunity to create a home that fits your lifestyle from the ground up.For those looking to build beyond a single home, we have additional lots in this Countryviewaddition that

  Nancy Sletten Berkshire Hathaway HomeServices Advantage Real Estate

  2550 Stony Creek Dr NE, Owatonna, MN 55060
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  /18

  $149,900

  • 2 Beds
  • 1 Bath
  • 1,240 Sq Ft

  238 Locust Ave, Owatonna, MN 55060

  This inviting residence features 2 bedrooms. The main floor offers a warm and functional layout, including a large kitchen with a breakfast bar, and a convenient half bath. A single car garage provides excellent storage and parking. Step outside to enjoy the backyard, ideal for relaxing or entertaining. While the home may benefit from updates, it remains in great overall condition and is filled

  Deb Schmidt Help-U-Sell Heritage Real Est.

  238 Locust Ave, Owatonna, MN 55060
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  /10

  $850,000

  • Land
  • 39.48 Acres
  • $21,530 per Acre

  TBD 18th St SW, Owatonna, MN 55060

  Commercial or agricultural property in the Industrial Park. Almost 40 ares on a paved road with easy acccess to I-35W and Hwy 14.

  Charlotte McCabe eXp Realty

  TBD 18th St SW, Owatonna, MN 55060
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  /2

  $64,995

  • Land
  • 0.35 Acre
  • $185,700 per Acre

  0 Briarwood Place NE, Owatonna, MN 55060

  Premium single-family new construction lot in a desirable location—perfect for buyers ready to design and build their custom home. This build-ready lot provides flexibility, modern infrastructure, and the opportunity to create a home that fits your lifestyle from the ground up. For those looking to build beyond a single home, we have additional lots in this Countryview addition that presents an

  Darcy Ihrke Berkshire Hathaway Home Services Advantage Real Estate

  0 Briarwood Place NE, Owatonna, MN 55060
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  /25

  $144,500

  • 4 Beds
  • 2 Baths
  • 1,587 Sq Ft

  234 E School St, Owatonna, MN 55060

  Kara Spinler Aleres, LLC

  234 E School St, Owatonna, MN 55060
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  /3

  $285,000 Coming Soon

  • 2 Beds
  • 2 Baths
  • 2,627 Sq Ft

  1604 N Cedar Ave, Owatonna, MN 55060

  Step into this truly unique home! The large living room is a standout, showcasing a wall of windows that fills the space with natural light and brings the outdoors in. The main floor primary bedroom includes a private bath and walk-in closet. The second bedroom is a spacious loft-style with full bath. This home offers a flexible layout. Take advantage of relaxing in the expansive screened-in

  Diane Holland RE/MAX Venture

  1604 N Cedar Ave, Owatonna, MN 55060
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  /2

  $81,000

  • Land
  • 0.34 Acre
  • $238,235 per Acre

  2176 NE Maple Leaf Ln, Owatonna, MN 55060

  SOMETHING NEW AND DIFFERENT ON THE EDGE OF OWATONNA! WELCOME TO MAPLE CREEK ESTATES #2 and #3. Here is an amazing opportunity to build your dream home in this attractive location on the edge of town. It boasts easy access to I-35 and is just minutes from downtown. This specific lot is just the beginning of the opportunities you will see in the newest development in Owatonna. Bring your building

  Nancy Sletten Berkshire Hathaway HomeServices Advantage Real Estate

  2176 NE Maple Leaf Ln, Owatonna, MN 55060
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  /2

  $120,000

  • Land
  • 2.12 Acres
  • $56,604 per Acre

  xxx Anderson Place, Owatonna, MN 55060

  Beautiful 2-Acre Lot in SW Owatonna: Perfect for One Home or Three!Discover the perfect spot for your dream home on this stunning 2-acre lot, currently divided into 3 parcels. Located in a peaceful cul-de-sac in Southwest Owatonna, this property offers a serene setting with beautiful views overlooking Moorehouse.Key Features:2 Acres Total: Divided into 3 parcels, ideal for one

  Darcy Ihrke Berkshire Hathaway HomeServices Advantage Real Estate

  xxx Anderson Place, Owatonna, MN 55060
• 

  /2

  $80,400

  • Land
  • 0.45 Acre
  • $178,667 per Acre

  2856 Timber Ridge Dr NE, Owatonna, MN 55060

  Beautiful development in Owatonna. Majestic Oaks offers a great variety of over-sized lots offers homeowners ample area to create their own beauty. Here you will be able to enjoy the feel of country living with the comforts of an inviting residential neighborhood. Open to all builders!

  Rebecca Hermanson-Hill Berkshire Hathaway HomeServices Advantage Real Estate

  2856 Timber Ridge Dr NE, Owatonna, MN 55060
• 

  /2

  $84,000

  • Land
  • 0.33 Acre
  • $254,545 per Acre

  2189 Maple Leaf Ln NE, Owatonna, MN 55060

  SOMETHING NEW AND DIFFERENT ON THE EDGE OF OWATONNA! WELCOME TO MAPLE CREEK ESTATES #2 and #3. Here is an amazing opportunity to build your dream home in this attractive location on the edge of town. It boasts easy access to I-35 and is just minutes from downtown. This specific lot is just the beginning of the opportunities you will see in the newest development in Owatonna. Bring your building

  Nancy Sletten Berkshire Hathaway HomeServices Advantage Real Estate

  2189 Maple Leaf Ln NE, Owatonna, MN 55060
• 

  

  /43

  $260,000

  • 4 Beds
  • 2 Baths
  • 1,400 Sq Ft

  1110 16th St SW, Owatonna, MN 55060

  Charming home with a functional layout and natural light throughout. Lower level includes a bedroom and full bathroom for added flexibility. Recent updates within the last 3 years include washer, dryer, dishwasher, stove, furnace, and A/C, along with new flooring, bathroom flooring, and vanity. Kitchen includes garbage disposal. Enjoy a fenced backyard with garden beds, patio, and deck, plus a

  Jennifer Packard Real Broker, LLC

  1110 16th St SW, Owatonna, MN 55060
• 

  /2

  $62,895

  • Land
  • 0.28 Acre
  • $224,625 per Acre

  0 Stony Creek Dr, Owatonna, MN 55060

  Premium single-family new construction lot in a desirable location—perfect for buyers ready to design and build their custom home. This build-ready lot provides flexibility, modern infrastructure, and the opportunity to create a home that fits your lifestyle from the ground up. For those looking to build beyond a single home, we have additional lots in this Countryview addition that presents an

  Darcy Ihrke Berkshire Hathaway Home Services Advantage Real Estate

  0 Stony Creek Dr, Owatonna, MN 55060

Showing Results 1 - 40, Page 1 of 4

Why Live in Owatonna

Owatonna, located in Steele County, Minnesota, offers a blend of small-town charm and modern conveniences just 65 miles southwest of the Twin Cities. With a population of over 26,000, Owatonna is known for its scenic lifestyle and urban convenience. The city boasts 37 parks, 17 trails, and over 867 acres of outdoor space, including Kaplan’s Woods and Mineral Springs Park, providing year-round activities such as swimming, fishing, ice skating, and cross-country skiing. The Village of Yesteryear and the State School Orphanage Museum preserve local history, while the annual Steele County Free Fair attracts over 100,000 attendees with live music, carnival rides, and food vendors. Owatonna Public Schools, including the highly rated Owatonna Senior High School, serve around 5,000 students and are recognized for their strong athletic programs. The local economy is bolstered by major employers like Viracon and Federated Insurance, contributing to the city's focus on manufacturing and insurance. Housing options range from entry-level homes to expansive estates, with new subdivisions developing on the outskirts. Residents enjoy shopping at name-brand grocers and local boutiques, and dining at family-owned eateries in Downtown Owatonna. The city is well-connected by U.S. Interstate 35 and the Southern Minnesota Area Rural Transit (SMART) bus system, with healthcare services provided by Owatonna Hospital. Crime rates in Owatonna are lower than the national average, making it a safer place to live.

Learn more about living in Owatonna

Frequently Asked Questions

What is the average home price in Owatonna, MN?

Homes for sale in Owatonna, MN have an average home price of $311,335.

Are home prices dropping in Owatonna?

Yes, home prices in Owatonna are down 1% in the last 12 months.

How many homes have sold over the last 12 months in Owatonna, MN?

348 homes have sold in Owatonna, MN over the last 12 months.

What are the most popular zip codes in Owatonna, MN?

The most popular zip codes in Owatonna, MN include 55060, 55049, 55021, 56093 and 55924.

How much do you need to make to afford a house in Owatonna?

The median home price in Owatonna is $290,000. If you put a 20% down payment of $58,000 and had a 30-year fixed mortgage with an interest rate of 6.38%, your estimated principal and interest payment would be $1,450 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $62K a year to afford the median home price in Owatonna. Learn how much home you can afford with our Home Affordability Calculator.

How are the schools in Owatonna, MN?

Owatonna, MN has highly rated public and private schools. Some of the best schools in Owatonna based on Niche Grades are Owatonna Christian School, Owatonna Senior High School and McKinley Elementary School. Browse all the schools in Owatonna, MN to learn more.

Home Trends in Owatonna, MN

On average, homes in Owatonna, MN sell after 46 days on the market compared to the national average of 55 days. The median sale price for homes in Owatonna, MN over the last 12 months is $284,000, consistent with the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$284,000

Median Single Family Sale Price

$289,900

Median Townhouse Sale Price

$326,000

Average Price Per Sq Ft

$161

Number of Homes for Sale

59

Last 12 months Home Sales

348

Months of Supply

2.00

Median List Price

$290,000

Median Change From 1st List Price

0%

Median Home Sale Price YoY Change

0%