Explore Orono
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Why Live in Orono
Orono, Minnesota, is a small lakeside community on the northern shores of Lake Minnetonka, where daily life is closely tied to the water. Single-family homes dominate the housing stock, ranging from sprawling lakefront New Traditional and modern Craftsman designs to early-1900s cottages, farmhouses and National Folk styles. Townhouses and condos are less common. Residents spend summers boating and swimming, with many using private docks or keeping boats at local marinas. Recreation goes beyond the lake, with Noerenberg Memorial Gardens’ maintained gardens along Crystal Bay, and Baker Park Reserve's miles of hiking trails. Nearby golf courses include the public Orono Orchards Golf Course. Local dining options include lakefront spots like Lord Fletcher’s Old Lake Lodge and The Narrows Saloon. Groceries are typically picked up at Lunds & Byerlys or Orono Market. Most students attend highly rated Orono Public Schools. It's about a 20-mile drive to downtown Minneapolis and a 35-mile drive to downtown Saint Paul.
Home Prices in Orono, MN
The median home sale price in Orono, MN is $672,450, down 51% year-over-year. Homes in Orono sell in 41 days on average, compared to the national average of 56 days.
Home Price Trends
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Median Sale Price
$672,450
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Median Single Family Sale Price
$952,500
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Median Townhouse Sale Price
$717,500
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Median 2 Bedroom Sale Price
$409,950
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Average Price Per Sq Ft
$353
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Number of Homes for Sale
6
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Last 12 months Home Sales
16
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Months of Supply
4.50
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Median List Price
$825,000
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Median Change From 1st List Price
0%
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Median Home Sale Price YoY Change
-51%
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