Owatonna, MN Homes for Sale

• 

  

  

  /31

  $250,000

  $15K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,136 Sq Ft

  1581 SW 28th St, Owatonna, MN 55060

  Enjoy the ease of true main-level living in this inviting patio home located just outside city limits—offering peaceful surroundings with the comfort of nearby neighbors. This well-maintained home features 2 bedrooms, a full bath, and convenient main-floor laundry. The updated kitchen and refreshed mudroom add modern touches, while newer windows fill the home with natural light. Step out onto the

  

  Jennifer Fielding

  eXp Realty

  (507) 707-5992

  1581 SW 28th St, Owatonna, MN 55060
• Explore Owatonna

• 

  

  

  /50

  $250,000

  • 4 Beds
  • 1.5 Baths
  • 1,502 Sq Ft

  1443 Lincoln Ave, Owatonna, MN 55060

  This classic 1959 rambler blends solid construction with thoughtful updates in a fantastic location. Featuring 4BD and 2BA, the home offers three bedrooms on the main level plus a newly added fourth bedroom in the basement complete with a brand-new egress window.Recent improvements include beautiful new MinnKota windows installed on 5/12/26, bringing in great natural light and giving the home

  

  Jason Young

  eXp Realty

  (507) 678-3668

  1443 Lincoln Ave, Owatonna, MN 55060
• 

  

  

  /45

  $229,900

  • 2 Beds
  • 1 Bath
  • 908 Sq Ft

  645 Rice Lake St, Owatonna, MN 55060

  Meticulously maintained and truly move-in ready, this charming one-level living 2-bedroom, 1-bath home is filled with pride of ownership and offers the perfect blend of comfort, functionality, and convenience. Enjoy the ease of having everything you need on the main floor, including convenient laundry, inviting living spaces, and a well-designed kitchen that maximizes every square foot. The full

  

  Marissa Babcock

  Weichert, REALTORS- Heartland

  (507) 610-7974

  645 Rice Lake St, Owatonna, MN 55060
• 

  

  /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
• 

  

  

  /28

  $179,900

  $5K PRICE DROP

  • 1 Bed
  • 2 Baths
  • 997 Sq Ft

  251 Linden Ave, Owatonna, MN 55060

  Charming and affordable home on a spacious lot in a quiet Owatonna neighborhood! This move in ready property features numerous updates including newer windows, fresh paint, updated flooring, refreshed kitchen improvements, and a newer garage roof. The oversized heated 2 car garage offers excellent storage and workspace potential year round. Enjoy the peaceful setting, usable yard space, and a

  

  Adam Cole

  Counselor Realty of Rochester

  (507) 609-3360

  251 Linden Ave, Owatonna, MN 55060
• 

  

  /37

  $329,900

  Open Sat 10:30AM - 12:30PM $20K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,324 Sq Ft

  5578 S County Road 45, Owatonna, MN 55060

  Tucked away in a peaceful country setting just minutes from Owatonna, this thoughtfully cared-for rambler offers a rare opportunity to step into a home where exceptional care has been taken. With 3 bedrooms, 2 bathrooms, and main-floor laundry, this home welcomes you with a comfortable, functional layout and a sense of warmth the moment you walk through the door. The condition is truly

  

  Rebecca Lippert

  eXp Realty

  (507) 419-5046

  5578 S County Road 45, Owatonna, MN 55060
• 

  

  /33

  $334,900

  • 4 Beds
  • 2 Baths
  • 1,991 Sq Ft

  225 20th St NW, Owatonna, MN 55060

  Walk out lower levels are rare in Owatonna, so when one comes along, it is worth a look. This 4 bedroom, 2 bath home offers over 2,200 finished square feet on a 0.234 acre lot, packed with details that make everyday life easier. The main level has two bedrooms, each with its own unique feature wall, plus a full bath and a living room with hardwood flooring. The eat-in kitchen stands out with

  

  Patrick Sullivan

  RE/MAX Advantage Plus

  (507) 704-4286

  225 20th St NW, Owatonna, MN 55060
• 

  

  /46

  $279,900

  • 3 Beds
  • 1.5 Baths
  • 1,546 Sq Ft

  808 E Vine St, Owatonna, MN 55060

  Welcome to this freshly updated home in Owatonna, MN, situated on a corner lot with great curb appeal. The property features a brand new roof installed in 2025, new flooring in the kitchen, new carpet throughout, an updated bathroom, new lighting, brand new appliances and main floor laundry making it truly move-in ready. You'll also appreciate the attached oversized double garage with additional

  

  Jason Young

  eXp Realty

  (507) 623-7143

  808 E Vine St, Owatonna, MN 55060
• 

  

  /46

  $409,900

  $10K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,709 Sq Ft

  1552 Eagle Ridge St NE, Owatonna, MN 55060

  Exceptional design and meticulous upkeep are evident throughout this beautifully maintained home. The open-concept kitchen and living area creates a warm, welcoming space, highlighted by a cozy fireplace, expansive windows, and a beautifully appointed kitchen featuring abundant cabinetry, generous counter space, and a spacious center island with ample seating. The private owner’s suite offers a

  Jeremy Miller Edina Realty, Inc.

  1552 Eagle Ridge St NE, Owatonna, MN 55060
• 

  

  /30

  $275,000

  Open Sat 1PM - 2:30PM $10K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,184 Sq Ft

  504 Havana Rd, Owatonna, MN 55060

  Convenience, comfort, and a little room to grow all wrapped up into one beautifully updated 3-bedroom, 2-bath home. Enjoy true main level living with all bedrooms and laundry on one floor, making everyday life just a bit easier. The updates throughout give the home a fresh, move-in ready feel. Downstairs, the full unfinished basement is full of possibilities - perfect for creating additional

  Brittany Krueger Edina Realty, Inc.

  504 Havana Rd, Owatonna, MN 55060
• 

  /2

  $52,900

  • Land
  • 16,552 Sq Ft
  • $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
• 

  /2

  $85,900

  • Land
  • 18,730 Sq Ft
  • $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
• 

  

  /44

  $319,900

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,839 Sq Ft

  1825 3rd Ave NE, Owatonna, MN 55060

  This well-maintained split-level home offers 3 bedrooms, 2 bathrooms, and a spacious 2-car garage. The primary bedroom features a private full bath and a walk-in closet, giving you a comfortable retreat at the end of the day. The living room is bright and inviting, highlighted by a beautiful bow bay window that brings in plenty of natural light. Step outside to enjoy a fully fenced yard, perfect

  Melinda Seykora RE/MAX Venture

  1825 3rd Ave NE, Owatonna, MN 55060
• 

  /2

  $62,895

  • Land
  • 11,325 Sq Ft
  • $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
• 

  

  /19

  $132,000

  • 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
• 

  

  /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
• 

  

  /39

  $359,900

  • 4 Beds
  • 3 Baths
  • 2,453 Sq Ft

  1555 Cornerstone Ln, Owatonna, MN 55060

  Beautiful 4-bedroom rambler in a desirable neighborhood. Welcome home to this beautifully-maintained 4-bedroom, 3-bath rambler built in 2004, located in a sought-after neighborhood just minutes from the high school. This move-in-ready home offers a spacious and functional layout, highlighted by a private primary suite featuring an ensuite bathroom, a walk-in closet, and the convenience of a

  Tracy Steinberg ERA Gillespie Real Estate

  1555 Cornerstone Ln, Owatonna, MN 55060
• 

  

  /20

  $1,942,375

  • Land
  • 155.39 Acres
  • $12,500 per Acre

  TBD Highway 218 Bypass, Owatonna, MN 55060

  155.4-Acre High-Productivity Tiled Farmland for Sale - Steele County, MinnesotaPrime Agricultural Investment | Near Claremont Ethanol Plant | 1031 Exchange Eligible | Estimated $300/Acre Cash Rent Potential This is a rare opportunity to acquire a turnkey, income-producing Minnesota farm with exceptional soil quality, extensive drainage infrastructure, and strong local grain marketing

  Jennifer Busch Midwest Home and Farm Realty

  TBD Highway 218 Bypass, Owatonna, MN 55060
• 

  

  /43

  $319,000

  $6K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,775 Sq Ft

  350 13th St SW, Owatonna, MN 55060

  This well maintained 3 bedroom, 2 bath home sits on a quiet dead end street and offers comfort, updates, and convenience throughout. The property features a 2 car attached garage, a fully fenced yard, and generous storage areas that make everyday living easy. Inside, you’ll love the warm and inviting living room centered around a beautiful wood burning fireplace. The home has seen many recent

  Jodie Thompson Edina Realty, Inc.

  350 13th St SW, Owatonna, MN 55060
• 

  

  /51

  $339,900

  $10K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 2,280 Sq Ft

  2055 Edgewood Dr, Owatonna, MN 55060

  Beautifully updated four bedroom home on over half an acre in a fantastic neighborhood close to parks and schools! This home offers amazing space to spread out with inviting living areas on every level, including a large main level living room, a walkout lower level family room with a cozy brick fireplace, and a game room perfect for entertaining, hobbies, or movie nights.The updated kitchen

  Wyatt Lemon Real Broker, LLC

  2055 Edgewood Dr, Owatonna, MN 55060
• 

  

  /25

  $112,700

  $43K PRICE DROP

  • 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
• 

  

  /47

  $298,900

  • 3 Beds
  • 2.5 Baths
  • 2,141 Sq Ft

  526 12th St SE, Owatonna, MN 55060

  The size may surprise you, and the setting is one you'll appreciate! This spacious ranch-style home offers an abundance of living space both inside and out. The main floor features a generous layout with two separate living areas, including a large living room overlooking the backyard and a comfortable family room with new carpet, built-ins, and direct access to the patio. Also located on the

  Nancy Sletten Berkshire Hathaway HomeServices Advantage Real Estate

  526 12th St SE, Owatonna, MN 55060
• 

  /2

  $81,000

  • Land
  • 14,810 Sq Ft
  • $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
• 

  

  /42

  $419,000

  $21K PRICE DROP

  • 4 Beds
  • 2.5 Baths
  • 3,343 Sq Ft

  1260 Truman Ave, Owatonna, MN 55060

  Beautifully renovated 4 bedroom, 3 bathroom home located in a desirable neighborhood on the southeast side of town! This inviting home features all new flooring and carpeting, an updated kitchen with stainless steel appliances and center island, a main floor family room with stone fireplace, and much more. On the upper level, the primary bedroom offers a private 3/4 bathroom and walk-in closet

  Deb Schmidt Help-U-Sell Heritage Real Est.

  1260 Truman Ave, Owatonna, MN 55060
• 

  /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 spacious

  Darcy Ihrke Berkshire Hathaway HomeServices Advantage Real Estate

  xxx Anderson Place, Owatonna, MN 55060
• 

  /2

  $84,000

  • Land
  • 14,374 Sq Ft
  • $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
• 

  

  /31

  $269,000

  • 3 Beds
  • 1 Bath
  • 1,734 Sq Ft

  349 Woodland Dr, Owatonna, MN 55060

  Move-in ready, this well-maintained ranch-style home offers three bedrooms conveniently located on the main floor. The partially finished basement provides additional living space with a spacious family room, laundry area, and bonus room. Simply add an egress window to the bonus room to create a potential fourth bedroom and instantly add value. Situated in an established neighborhood, the

  Nancy Sletten Berkshire Hathaway HomeServices Advantage Real Estate

  349 Woodland Dr, Owatonna, MN 55060
• 

  /2

  $84,000

  • Land
  • 14,810 Sq Ft
  • $247,059 per Acre

  2180 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

  2180 Maple Leaf Ln NE, Owatonna, MN 55060
• 

  /2

  $77,900

  • Land
  • 19,602 Sq Ft
  • $173,111 per Acre

  2866 Timber Ridge Place NE, Owatonna, MN 55060

  Walk-out lot in a 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

  2866 Timber Ridge Place NE, Owatonna, MN 55060
• 

  

  /23

  $275,000

  • 5 Beds
  • 3 Baths
  • 3,096 Sq Ft

  331 E Vine St, Owatonna, MN 55060

  Cash flowing multi-family building in a great location. This property is part of a portfolio to be purchased individually or as a package.

  Tyler Kortz Bridge Realty, LLC

  331 E Vine St, Owatonna, MN 55060
• 

  /2

  $84,000

  • Land
  • 14,374 Sq Ft
  • $254,545 per Acre

  2195 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

  2195 Maple Leaf Ln NE, Owatonna, MN 55060
• 

  

  /34

  $344,900

  $5K PRICE DROP

  • 4 Beds
  • 1.5 Baths
  • 2,226 Sq Ft

  1314 Leif Ave NW, Owatonna, MN 55060

  gorgeous setting nestled in the trees, 3 bed rooms on one floor easy living at its best.

  Dan Reese Dan Reese Realty

  1314 Leif Ave NW, Owatonna, MN 55060
• 

  

  /58

  $309,900

  • 3 Beds
  • 2 Baths
  • 1,592 Sq Ft

  360 Allan Ave, Owatonna, MN 55060

  SWEETHEART OF THE SEVENTIES! This 1970s split level home has been well cared for and well maintained. Step into the main level where you will find the living room with its cozy fireplace, dining room with patio doors to the back yard and the kitchen with its buffet counter, a breakfast counter, and abundant cabinets. All of the home’s 3 bedrooms have brand new carpeting and are located in the

  Matt Gillard RE/MAX Venture

  360 Allan Ave, Owatonna, MN 55060
• 

  

  /3

  $58,899

  • Land
  • 8,712 Sq Ft
  • $294,495 per Acre

  725 Escalade Ln SE, Owatonna, MN 55060

  Located in a highly desirable Southeast area where space is quickly running out, this buildreadylot is ideal for buyers looking to design and build their custom home. Enjoy flexibility,modern infrastructure, and the opportunity to create a home that fits your lifestyle from theground up. Bring your own building plans or ask us for ideas to get started. Not ready to giveup your

  Nancy Sletten Berkshire Hathaway HomeServices Advantage Real Estate

  725 Escalade Ln SE, Owatonna, MN 55060
• 

  /2

  $67,900

  • Land
  • 16,552 Sq Ft
  • $178,684 per Acre

  2881 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

  2881 Timber Ridge Dr NE, Owatonna, MN 55060
• 

  

  /55

  $449,900

  • 5 Beds
  • 3 Baths
  • 3,162 Sq Ft

  1447 Nottingham Dr, Owatonna, MN 55060

  Well-Maintained 5-Bedroom, 3-Bath Home with Over 3,100 Finished Sq Ft and 816 Sq Ft Garage!This beautifully cared-for home offers space, style, and comfort throughout. The open floor plan features a bright kitchen with a large center island, perfect for gathering and entertaining. The main floor includes a spacious primary suite, convenient laundry, and a cozy living room with a gas

  Darcy Ihrke Berkshire Hathaway HomeServices Advantage Real Estate

  1447 Nottingham Dr, Owatonna, MN 55060
• 

  

  /52

  $448,500

  • 4 Beds
  • 3 Baths
  • 2,659 Sq Ft

  1985 Raspberry Ridge Place NE, Owatonna, MN 55060

  Well-appointed and truly move-in ready, this beautifully maintained 4-bedroom, 3-bath townhome is sure to check all the boxes. From the moment you step inside, you'll appreciate the thoughtful updates and timeless finishes throughout. Maple cabinetry and trim add warmth and character, while new flooring enhances both style and functionality. An upgraded bathroom offers a fresh, modern touch,

  Rebecca Hermanson-Hill Berkshire Hathaway HomeServices Advantage Real Estate

  1985 Raspberry Ridge Place NE, Owatonna, MN 55060
• 

  

  /34

  $259,900

  • 4 Beds
  • 2 Baths
  • 1,750 Sq Ft

  137 South St, Owatonna, MN 55060

  Step into the charm and character of a beautiful older home that's full of potential and ready for its next chapter. Lovingly maintained over the years, this property features fresh exterior paint that enhances its timeless curb appeal, updated furnace and AC, newer appliances which showcases the pride of ownership throughout. Inside, you'll find hardwood floors that provide warmth, character,

  Kasey Anderson eXp Realty

  137 South St, Owatonna, MN 55060
• 

  

  /30

  $249,900

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,539 Sq Ft

  118 Franklin Ave, Owatonna, MN 55060

  Recently remodeled 3-bedroom home. Custom knotty alder cabinetry, stainless steel appliances, updated hardware showcase the kitchen. A fully renovated bathroom includes a new vanity, linen storage, and a custom-tiled tub/shower surround with modern fixtures. Interior updates include luxury vinyl plank flooring in main areas, new carpet in bedrooms and living room, fresh paint, and updated

  Deb Schmidt Help-U-Sell Heritage Real Est.

  118 Franklin Ave, Owatonna, MN 55060
• 

  

  /3

  $54,900

  • Land
  • 11,325 Sq Ft
  • $211,154 per Acre

  1585 Wood Duck Ln NE, Owatonna, MN 55060

  Build Your Heart a Home! Will Build to Suit!Enjoy a partial walkout basement with your plans or ours.Exclusive Builder has over 30 years of experience in Quality Construction and attention to detail.Mature development means street assessments are paid for initial street, curb and gutters.Let us walk you through the building process.

  Sandra McConn Halla Berkshire Hathaway HomeServices Advantage Real Estate

  1585 Wood Duck Ln NE, 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 $312,048.

Are home prices dropping in Owatonna?

Yes, home prices in Owatonna are down 4% in the last 12 months.

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

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

What is the average household income in Owatonna, MN?

The average household income in Owatonna, MN is $89K.

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

The most popular zip codes in Owatonna, MN include 55060, 55049, 55021, 56093 and 56026.

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

The median home price in Owatonna is $289,950. If you put a 20% down payment of $58,000 and had a 30-year fixed mortgage with an interest rate of 6.52%, your estimated principal and interest payment would be $1,470 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $63K a year to afford the median home price in Owatonna. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Owatonna is $89K.

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 Prices in Owatonna, MN

The median home sale price in Owatonna, MN is $285,000, down 2% year-over-year. Homes in Owatonna sell in 48 days on average, compared to the national average of 58 days.

Home Price Trends

Median Sale Price $285,000	Median Single Family Sale Price $290,000
Median Townhouse Sale Price $319,900	Median 2 Bedroom Sale Price $240,000
Median 1 Bedroom Sale Price $169,900	Average Price Per Sq Ft $163
Number of Homes for Sale 79	Last 12 months Home Sales 365
Months of Supply 2.60	Median List Price $289,950
Median Change From 1st List Price 0%	Median Home Sale Price YoY Change -2%