Owatonna, MN Homes for Sale

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  $288,988

  • 3 Beds
  • 1.5 Baths
  • 2,307 Sq Ft

  1007 Truman Ave, Owatonna, MN 55060

  Step into this charming mid-century rambler offering the perfect blend of character, updates, and location! This 3BD, 2BA home features beautiful hardwood floors, updated light fixtures, a new patio door, and a spacious layout designed for comfortable living. The kitchen is equipped with newer appliances, including a new dishwasher and washer, making this home truly move-in ready. The heated

  

  Jason Young

  eXp Realty

  1007 Truman Ave, Owatonna, MN 55060
• Explore Owatonna

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  /28

  $169,900

  $15K 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

  251 Linden Ave, Owatonna, MN 55060
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  /37

  $329,900

  $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

  5578 S County Road 45, Owatonna, MN 55060
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  /27

  $314,900

  $20K PRICE DROP

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

  225 20th St NW, Owatonna, MN 55060

  Walk out lower levels are hard to find in Owatonna, and this one delivers on every level. Literally. This 4 bedroom, 2 bath home brings almost 2,300 finished square feet to the table, a layout that actually makes sense, and a south facing backyard built for Minnesota summers.The main level has hardwood floors in the living room, two bedrooms with unique feature walls, a full bath, and an

  

  Patrick Sullivan

  RE/MAX Advantage Plus

  225 20th St NW, Owatonna, MN 55060
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  /33

  $269,900

  $10K PRICE DROP

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

  808 E Vine St, Owatonna, MN 55060

  Looking for a home that's truly move-in ready? This beautifully updated 3BD, 2BA home offers the charm of an established neighborhood without the long to-do list. Enjoy peace of mind with a brand new roof, new appliances, updated flooring, fresh lighting, and an updated bathroom. Main floor laundry adds everyday convenience, while the oversized attached 2 stall garage plus an additional detached

  

  Jason Young

  eXp Realty

  808 E Vine St, Owatonna, MN 55060
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  /41

  $234,800

  • 3 Beds
  • 1.5 Baths
  • 1,322 Sq Ft

  512 Agnes St, Owatonna, MN 55060

  They just don't build them like this anymore. Step inside this charming 1926 home and discover the warmth, character, and craftsmanship that make older homes so special. Natural woodwork and beautiful hardwood floors set the tone, while a wood-burning fireplace with classic brick surround creates a cozy centerpiece you'll appreciate when the Minnesota temperatures drop. The updated kitchen blends

  

  Jason Young

  eXp Realty

  512 Agnes St, Owatonna, MN 55060
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  /58

  $359,900

  • 4 Beds
  • 3 Baths
  • 2,253 Sq Ft

  821 Lancer Dr NE, Owatonna, MN 55060

  Welcome home to this beautiful 4 bed, 3 bath rambler nestled in one of Owatonna's desirable northeast neighborhoods! Freshly painted throughout with brand-new carpet installed in the lower level and primary, this home offers the perfect blend of comfort, style, and convenience.Step inside to an inviting floor plan with vaulted ceilings, abundant natural light, and warm hardwood floors. The

  

  Justin Scheeler

  RE/MAX Results

  821 Lancer Dr NE, 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

  xxx Landmark Dr NE, Owatonna, MN 55060
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  /53

  $850,000

  • 5 Beds
  • 3 Baths
  • 3,569 Sq Ft

  3738 NW 85th Ave, Owatonna, MN 55060

  Stunning executive acreage home on 7.98 private, park-like acres just 10 minutes west of Owatonna in Deerfield Township. This one-owner, highly maintained 2005-built custom ranch offers approximately 3,500 sq ft of living space with 5 bedrooms, 3 bathrooms, and every luxury upgrade discerning buyers seek.Entertain in style with a spectacular 2021-remodeled kitchen featuring premium cabinetry,

  Jennifer Busch Midwest Home and Farm Realty

  3738 NW 85th Ave, Owatonna, MN 55060
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  /46

  $394,900

  Open Sat 11AM - 12PM $25K 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
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  /106

  $775,000

  • 1 Bed
  • 1 Bath
  • 1,100 Sq Ft

  3682 W 81st St, Owatonna, MN 55060

  Properties of this size, diversity, and seclusion are becoming increasingly difficult to find in Southern Minnesota. Located less than 10 miles south of Owatonna, this 121.93+/- acre recreational property offers a rare combination of hunting land, fishing water, river frontage, income-producing acreage, and a comfortable cabin retreat all tucked away from public roads. At the heart of the

  Bob Stalberger Whitetail Properties Real Estate

  3682 W 81st St, Owatonna, MN 55060
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  /30

  $265,000

  $20K 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
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  /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
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  /65

  $499,900

  • 5 Beds
  • 3 Baths
  • 2,723 Sq Ft

  2450 Mossy Creek Dr NE, Owatonna, MN 55060

  From game-day gatherings around the wet bar to summer nights by the fire pit, this home was made for bringing people together. This well maintained 1 story home checks all the boxes! The main level offers 3 bedrooms, including a spacious primary suite with a walk-in closet and private bath, plus the convenience of main floor laundry. The lower level is designed for gathering, featuring a large

  Matthew Kern RE/MAX Venture

  2450 Mossy Creek Dr NE, Owatonna, MN 55060
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  /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
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  /26

  $224,900

  • 3 Beds
  • 1.5 Baths
  • 1,158 Sq Ft

  116 Hobart St, Owatonna, MN 55060

  Updated story and a half charmer with 3-bedrooms & 2 baths located on a quiet, tree lined street in well-established neighborhood, within walking distance to the Steele County Fair. Large private backyard with garden, peach tree, patio and storage shed. Original hardwood floors and new paint throughout the interior with maintenance-free vinyl siding on the exterior of house and garage. Unfinished

  Misty Schultz Keller Williams Select Realty

  116 Hobart St, Owatonna, MN 55060
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  /6

  $225,000

  • 4 Beds
  • 2 Baths
  • 1,433 Sq Ft

  140 E University St, Owatonna, MN 55060

  Welcome to this charming 4-bed, 2-bath home located in the heart of Owatonna. With 1,475 sq ft of comfortable living space, a rare 3-stall garage, and some recent upgrades, this property delivers the perfect blend of character and convenience. Property Highlights:4 spacious bedrooms with great natural light, 2 full bathrooms, including a remodeled upstairs bath, 3-stall garage — ideal for

  Moe Mossa Savvy Avenue, LLC

  140 E University St, Owatonna, MN 55060
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  /44

  $309,900

  $20K PRICE DROP

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

  1825 3rd Ave NE, Owatonna, MN 55060

  If you’ve been searching for a home that offers a little more privacy and flexibility, you’ll love this unique split level design. With a private upper level bedroom retreat and 2 additional bedrooms on the lower level, there is room for kids, guests, a home office and much more. Everyone gets their own space while still feeling connected. The living room is bright and inviting, highlighted by a

  Melinda Seykora RE/MAX Venture

  1825 3rd Ave NE, Owatonna, MN 55060
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  /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
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  /19

  $125,000

  • 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
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  /32

  $174,900

  $4K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,130 Sq Ft

  8370 County Road 3, Owatonna, MN 55060

  Welcome to this charming two-bedroom cottage nestled among mature trees in a peaceful country setting just off a paved road, conveniently located only minutes from both Owatonna and Interstate 35. Offering a blend of comfort and convenience, this property provides a relaxing retreat with easy access to nearby amenities. Recent new carpet enhances the main floor, which features a spacious living

  Nancy Sletten Berkshire Hathaway HomeServices Advantage Real Estate

  8370 County Road 3, 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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  /96

  $775,000

  • 1 Bed
  • 1 Bath
  • 1,100 Sq Ft

  3682 SW 81st St, Owatonna, MN 55060

  If you're searching for a diverse recreational property in Southern Minnesota, this 121.93± acre tract in Steele County deserves a close look. Situated along the scenic Straight River and just minutes from Owatonna, this property offers an outstanding combination of wildlife habitat, recreational opportunities, and convenient access. Known for producing quality whitetail deer, this property

  Bob Stalberger Whitetail Properties Real Estate

  3682 SW 81st St, Owatonna, MN 55060
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  /3

  $265,000

  Coming Soon

  • 3 Beds
  • 2 Baths
  • 2,114 Sq Ft

  447 E School St, Owatonna, MN 55060

  This charming 13⁄4-story home offers the perfect combination of character, space, and outdoor enjoyment. Featuring 3 bedrooms, 2 baths, and a 2-stall detached garage, this classic home offers spacious living areas with a large kitchen, inviting living room, and dining space perfect for everyday living and entertaining. The upper level provides additional flexibility with a generously sized

  Stephen DeLarosby RE/MAX Advantage Plus

  447 E School St, Owatonna, MN 55060
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  /22

  $1,629,875

  $313K PRICE DROP

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

  TBD Highway 218 Bypass, Owatonna, MN 55060

  130.4-Acre High-Productivity Tiled Farmland for Sale - Steele County, Minnesota (West Side of 218, that 25 acres (of the original 155.39) is pending under contract) Prime 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

  Jennifer Busch Midwest Home and Farm Realty

  TBD Highway 218 Bypass, Owatonna, MN 55060
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  /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
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  /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
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  /58

  $359,900

  Open House 7/30 $10K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 2,437 Sq Ft

  1065 Barney St, Owatonna, MN 55060

  Well-maintained 3-bedroom, 2-bath home with over 2,400 finished sq. ft. featuring 3 bedrooms on one level, updated flooring, fresh paint, remodeled bath and laundry area, and a finished walkout lower level with a gas fireplace. Enjoy newer front and back decks, an oversized 2-car attached garage, and a convenient location close to schools, parks, shopping, and beautiful Lake Kohlmeier, offering

  Jason Sarazine Worth Clark Realty

  1065 Barney St, Owatonna, MN 55060
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  /11

  $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
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  /42

  $389,000

  Open House 7/30 $51K 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
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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 spacious

  Darcy Ihrke Berkshire Hathaway HomeServices Advantage Real Estate

  xxx Anderson Place, Owatonna, MN 55060
• 

  

  /11

  $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

  $149,900

  • 3 Beds
  • 1 Bath
  • 1,314 Sq Ft

  238 Prospect St, Owatonna, MN 55060

  This home is ready for its next chapter! This 3 bed, 1 bath story and a half home offers plenty of potential for the buyer looking to build equity and make a space their own. Featuring main floor laundry, central furnace and air conditioning, and a functional layout, the groundwork is already in place for your vision. Situated on a spacious 0.47-acre lot, you'll have room to expand, garden,

  Matthew Kern RE/MAX Venture

  238 Prospect St, Owatonna, MN 55060
• 

  

  /11

  $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
• 

  

  /63

  $734,500

  • 4 Beds
  • 2.5 Baths
  • 3,851 Sq Ft

  2865 Northridge Ln NE, Owatonna, MN 55060

  Welcome to North Bluff Estates, where timeless architecture, exceptional craftsmanship, and refined detailing come together in this beautifully appointed two-story residence. Perfectly maintained and lightly lived in, this impressive home showcases thoughtful amenities, elegant finishes, and a level of care that is evident throughout. Designed for both comfortable everyday living and gracious

  Rebecca Hermanson-Hill Berkshire Hathaway HomeServices Advantage Real Estate

  2865 Northridge Ln NE, Owatonna, MN 55060
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  /47

  $340,000

  • 4 Beds
  • 2 Baths
  • 1,887 Sq Ft

  576 Phelps St, Owatonna, MN 55060

  Just say WOW!! Welcome home to this beautifully maintained 1958 ranch offering timeless craftsmanship and an impressive list of updates completed over the years. Custom cabinetry throughout the home showcases exceptional quality and provides abundant storage, while thoughtful renovations have created a warm, inviting space that is truly move-in ready. The remodeled kitchen features custom

  Diane Holland RE/MAX Venture

  576 Phelps St, Owatonna, MN 55060
• 

  

  /10

  $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
• 

  

  /35

  $339,900

  $10K 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

  This 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 upper level, along with a full guest

  Matt Gillard RE/MAX Venture

  360 Allan Ave, 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 $312,701.

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?

372 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, 56093, 56026 and 55924.

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

The median home price in Owatonna is $299,000. If you put a 20% down payment of $59,800 and had a 30-year fixed mortgage with an interest rate of 6.55%, your estimated principal and interest payment would be $1,520 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $65K 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 Lincoln 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 $284,450, down 2% year-over-year. Homes in Owatonna sell in 49 days on average, compared to the national average of 56 days.

Home Price Trends

Median Sale Price $284,450	Median Single Family Sale Price $298,500
Median Townhouse Sale Price $319,900	Median 2 Bedroom Sale Price $240,500
Median 1 Bedroom Sale Price $158,950	Average Price Per Sq Ft $161
Number of Homes for Sale 94	Last 12 months Home Sales 372
Months of Supply 3.00	Median List Price $299,000
Median Change From 1st List Price 0%	Median Home Sale Price YoY Change -2%