Explore Orono
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Why Live in Orono
Orono, MN, located 18 miles west of Minneapolis, is a lakefront community known for its expansive estates and 40 miles of Lake Minnetonka shoreline. This area is favored by Minnesotan elites, including former NBA star Kevin Garnett, due to its abundant land and low tax rates compared to other Lake Minnetonka communities. Orono offers a variety of year-round amenities, with many residents enjoying boating and swimming in the summer, facilitated by numerous marinas. The city boasts a well-funded parks department, featuring spaces like Noerenberg Memorial Gardens and nature preserves such as Wolsfeld Woods and Wood-Rill Scientific and Natural Areas. Golf enthusiasts have access to the Lafayette Club, Woodhill Country Club, and the public Orono Orchards Golf Course. Homes in Orono range from the upper $200,000s to multi-million-dollar waterfront properties, often featuring boat docks or multiple acres of land. The Orono Public School District is highly rated, with schools like Schumann Elementary, Orono Intermediate, Orono Middle, and Orono High School offering strong academic programs. Dining options include Lord Fletcher’s Old Lake Lodge and The Narrows Saloon, while grocery needs are met by Lunds & Byerlys and Orono Market. Although Orono is car-dependent with no public transportation, it is within a 30-minute drive to Minneapolis and 28 miles from the Minneapolis-Saint Paul International Airport.
Home Prices in Orono, MN
The median home sale price in Orono, MN is $716,250, down 54% year-over-year. Homes in Orono sell in 49 days on average, compared to the national average of 58 days.
Home Price Trends
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Median Sale Price
$716,250
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Median Single Family Sale Price
$817,500
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Median Townhouse Sale Price
$565,000
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Median 2 Bedroom Sale Price
$409,950
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Average Price Per Sq Ft
$373
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Number of Homes for Sale
5
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Last 12 months Home Sales
18
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Months of Supply
3.30
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Median List Price
$800,000
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Median Change From 1st List Price
0%
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Median Home Sale Price YoY Change
-54%
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