Owatonna, MN Homes for Sale

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  $339,900

  • 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
• Explore Owatonna

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  /43

  $197,000

  • 3 Beds
  • 2 Baths
  • 1,413 Sq Ft

  540 E Vine St, Owatonna, MN 55060

  Not every home has to be fully updated to be the right home. If you've been searching for an affordable, move-in ready property with the opportunity to make it your own over time, this is one to see. This 3BD/ 2BA home features stainless steel appliances, a comfortable layout, a heated two-stall garage, and a deck overlooking a partially fenced backyard. Located in the heart of Owatonna with

  

  Jason Young

  eXp Realty

  540 E Vine St, Owatonna, MN 55060
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  /54

  $323,000

  Open Sat 11AM - 1PM

  • 4 Beds
  • 2 Baths
  • 1,870 Sq Ft

  1910 Linn Dr, Owatonna, MN 55060

  Some homes take a while to win you over. This one takes about 30 seconds. Step inside this charming cottage, make your way to the expansive deck, look toward the woods, and you’ll understand why. Morning coffee with the birds, evenings listening to the trees. Deer and owls passing through are all part of the setting. Situated on approximately half an acre, the backyard connects you to Kaplans

  

  Jason Young

  eXp Realty

  1910 Linn Dr, 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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  $159,900

  $25K 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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  /44

  $280,000

  • 3 Beds
  • 2.5 Baths
  • 1,528 Sq Ft

  50 18th Place NE, Owatonna, MN 55060

  Situated on a corner lot with mature landscaping, this three bedroom, three bathroom home offers a comfortable layout with inviting indoor and outdoor living spaces. The kitchen features warm wood floors, granite countertops, quality appliances, and plenty of room for everyday living. Step outside to the spacious deck overlooking the yard or enjoy the walkout patio below, offering two great

  

  Jennifer Fielding

  eXp Realty

  50 18th Place NE, 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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  /40

  $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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  /11

  $330,000

  • 3 Beds
  • 2 Baths
  • 1,784 Sq Ft

  2420 Kenyon Rd, Owatonna, MN 55060

  Enjoy the space, privacy, and versatility this 3-bedroom, 2-bath, one-story home has to offer! Sitting on nearly an acre, there is plenty of room to spread out both inside and out. The fully finished lower level walkout provides additional living space and easy access to the yard.The property also features two garages, including an attached garage plus a separate heated and insulated garage

  Tim O'Connor eXp Realty

  2420 Kenyon Rd, 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 8 acres -/+ 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

  Jennifer Busch Midwest Home and Farm Realty

  3738 NW 85th Ave, Owatonna, MN 55060
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  /19

  $369,900

  New Construction

  • 3 Beds
  • 2 Baths
  • 1,517 Sq Ft

  2810 Timber Ridge Dr NE, Owatonna, MN 55060

  Thoughtfully designed with comfort, style, and functionality in mind, this under-construction 3-bedroom, 2-bath home offers a well-planned layout and modern finishes throughout, with estimated completion in early December. Oversized windows fill the open-concept main living area with natural light, creating a bright and inviting space for both everyday living and entertaining.At the heart

  Kris Thompson eXp Realty

  2810 Timber Ridge Dr NE, Owatonna, MN 55060
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  /46

  $394,900

  $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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  /102

  $1,100,000

  • 4 Beds
  • 4.5 Baths
  • 5,319 Sq Ft

  1837 NE 44th Ave, Owatonna, MN 55060

  Exceptional 30-acre country estate just 4 miles east of Owatonna featuring a custom architect-designed executive home, Maple Creek frontage, abundant wildlife, and unmatched privacy. Highlights include a gourmet kitchen, 4 en suite bedrooms, walkout lower level with theater and bar, large deck, and an 1,800 sq. ft. Morton building. Professional photos and additional details coming soon. Don't

  Bob Stalberger Whitetail Properties Real Estate

  1837 NE 44th Ave, Owatonna, MN 55060
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  $1,624,250

  $318K PRICE DROP

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

  Tbd Hwy 218, Owatonna, MN 55060

  129.94 -/+ 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 (West Side of hwy 218, that 19.36 acres (of the original 150.39) is pending under contract)This is a rare opportunity to acquire a turnkey, income-producing Minnesota farm

  Jennifer Busch United Country Real Estate | Midwest Home & Farm Realty

  Tbd Hwy 218, 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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  /20

  $379,900

  New Construction

  • 3 Beds
  • 2 Baths
  • 1,520 Sq Ft

  350 Stoneridge Ln NE, Owatonna, MN 55060

  UNDER CONSTRUCTION – SPEC PATIO HOME – 3 BEDROOMS, 2 BATHROOMS & 3-CAR GARAGE! Enjoy the ease and convenience of one-level living in this thoughtfully designed under construction patio home featuring 3 bedrooms, 2 bathrooms, and an attached 3-car garage. The open-concept floor plan brings the kitchen, dining area, and living room together, creating a bright and welcoming space for everyday living

  Katyana Miller Miller Real Estate

  350 Stoneridge Ln NE, Owatonna, MN 55060
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  /44

  $465,000

  • 3 Beds
  • 3 Baths
  • 3,753 Sq Ft

  1605 Dane Rd, Owatonna, MN 55060

  This MID CENTURY MODERN home is sure to delight! This 3 bdrm 3 bath home sits on 1.30 acres in town.Has 2 large decks, and firepit. Landscaped walkway, apple trees, pear trees and trees!! Separate shedThere is a 2 car attached, and a 20 x 13 garage area in basement.A walkup from basement provides a separate access point for lower level as well.Main Floor Family room, Large Living

  Sandra McConn Halla Berkshire Hathaway HomeServices Advantage Real Estate

  1605 Dane Rd, 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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  /42

  $249,900

  • 3 Beds
  • 2 Baths
  • 1,638 Sq Ft

  123 W Mckinley St, Owatonna, MN 55060

  Move right into this beautifully renovated 3-bedroom, 2-bath home in a convenient Owatonna location! The newly finished upper-level owner's suite features a spacious bedroom, walk-in closets, and a new 3⁄4 bath, creating a private retreat. Two additional bedrooms are located on the main level, offering flexibility for family, guests, or a home office. Thoughtful updates throughout make this home

  Laney Pope Weichert, REALTORS- Heartland

  123 W Mckinley St, Owatonna, MN 55060
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  /43

  $239,000

  $3K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 2,100 Sq Ft

  234 15th St SW Unit 234 15th St SW, Owatonna, MN 55060

  Welcome to this well-maintained 3-bedroom, 2-bath ranch-style home nestled on a beautiful, tree-lined lot in Owatonna. Built in 1961, this home offers a functional layout with spacious living areas, timeless character, and plenty of room to make it your own. Step inside to find a large living room with a cozy brick fireplace that flows into an oversized dining area, creating an inviting space for

  Ryan Boerner AMERICAN WAY REALTY

  234 15th St SW Unit 234 15th St SW, 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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  /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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  /34

  $295,000

  • 4 Beds
  • 2 Baths
  • 1,722 Sq Ft

  1836 Hemlock Ave, Owatonna, MN 55060

  Move right in and enjoy nearly 2,000 total square feet of crisp, clean and extensively updated living space! This 4 bedroom, 2 bath rambler has been refreshed from top to bottom with a bright, neutral look that feels fresh and inviting from the moment you walk in. The main level features new flooring, paint and finishes throughout, along with an updated kitchen offering white cabinetry, new

  Daryl Bauer Re/Max Advantage Plus

  1836 Hemlock Ave, Owatonna, MN 55060
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  /32

  $315,000

  Open Thu 4PM - 6PM

  • 2 Beds
  • 2 Baths
  • 1,344 Sq Ft

  621 Ashley Ln, Owatonna, MN 55060

  Downsize the maintenance, not your lifestyle! Welcome to easy, zero-step living in this thoughtfully designed 2 bedroom, 2 bathroom townhome on Ashley Lane! With no interior or exterior steps, an attached 2 car garage, and an HOA that takes care of lawn care and snow removal, this home makes everyday living refreshingly simple.Inside, the open concept kitchen, dining and living areas

  Stephanie Bruggeman RE/MAX Venture

  621 Ashley Ln, Owatonna, MN 55060
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  /44

  $299,900

  $30K PRICE DROP

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

  1825 3rd Ave NE, Owatonna, MN 55060

  Don’t count this one out!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

  Melinda Seykora RE/MAX Venture

  1825 3rd Ave NE, Owatonna, MN 55060
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  /24

  $199,900

  • 4 Beds
  • 1.5 Baths
  • 1,710 Sq Ft

  1116 Austin Rd, Owatonna, MN 55060

  If you've been searching for an authentic early 1900s home where the craftsmanship still takes center stage, this 1910 classic is worth a closer look. From the moment you step inside, you'll be welcomed by a grand open staircase framed by substantial original columns, rich hardwood floors, oversized millwork, solid five-panel doors and a beautifully preserved original hearth. It's the kind of

  Daryl Bauer Re/Max Advantage Plus

  1116 Austin Rd, 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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  /56

  $399,900

  • 4 Beds
  • 3 Baths
  • 2,638 Sq Ft

  2170 Diablo Dr SE, Owatonna, MN 55060

  Welcome to 2170 Diablo Drive Southeast! The beauty of this custom designed and built starts with at the curb. The front yard has been lovingly landscaped with care to accent the inviting, covered front entrance. This home was designed and built in 1988, and has been impeccably maintained by the current, original owners! Step into the foyer and you will fall in love with the spacious, light-filled

  Scott Belcher Coldwell Banker Realty - Lakes

  2170 Diablo Dr SE, Owatonna, MN 55060
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  /32

  $164,500

  $15K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,130 Sq Ft

  8370 County Road 3, Owatonna, MN 55060

  This opportunity may not be available much longer. Don't wait! Schedule your private showing today! This two-bedroom cottage is ready to be explored! Nestled among mature trees in a peaceful country setting just off a paved road, the property is conveniently located minutes from Owatonna and Interstate 35.New carpet enhances the main floor, which features a spacious living room, an eat-in

  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 Berkshire Hathaway HomeServices Advantage Real Estate

  TBD 18th St SW, Owatonna, MN 55060
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  /37

  $249,900

  $15K PRICE DROP

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

  447 E School St, Owatonna, MN 55060

  Beautifully updated while preserving its timeless historic charm, this well-maintained 1¾-story home offers the perfect blend of character, comfort, and convenience. Featuring 3 bedrooms, 2 bathrooms, and a detached 2-stall garage, this inviting home showcases bright, open living spaces filled with natural light, gorgeous wood floors, classic millwork, and charming architectural details

  Stephen DeLarosby RE/MAX Advantage Plus

  447 E School St, Owatonna, MN 55060
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  /43

  $231,400

  • 3 Beds
  • 2 Baths
  • 1,848 Sq Ft

  549 E Rose St, Owatonna, MN 55060

  Travis Senenfelder Coldwell Banker Burnet - Edina

  549 E Rose St, Owatonna, MN 55060
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  /14

  $1,624,250

  $318K PRICE DROP

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

  TBD Highway 218 Bypass, Owatonna, MN 55060

  129.94 Acre survey just completed! High-Productivity Tiled Farmland for Sale - Steele County, Minnesota (West Side of 218, that 19.36 acres (of the original 150) is pending under contract)Prime Agricultural Investment | Near Claremont Ethanol Plant | 1031 Exchange Eligible | Estimated $300/Acre Cash Rent PotentialThis is a rare opportunity to acquire a turnkey, income-producing

  Jennifer Busch Midwest Home and Farm Realty

  TBD Highway 218 Bypass, Owatonna, MN 55060
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  /43

  $315,000

  $10K 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
• 

  

  /19

  $229,900

  • 4 Beds
  • 2 Baths
  • 1,710 Sq Ft

  144 E Rose St, Owatonna, MN 55060

  Cash flow!This charming and versatile property offers incredible value with features perfect for homeowners, investors, or those looking for extra space. All the big-ticket items have been done to make this home the most maintenance-free, including metal siding, a newer roof, vinyl windows and central air!The main home boasts a warm and inviting layout with plenty of natural

  Brycen Gregor Worth Clark Realty

  144 E Rose St, Owatonna, MN 55060
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  /59

  $324,900

  • 3 Beds
  • 1.5 Baths
  • 2,291 Sq Ft

  1221 S Grove Ave, Owatonna, MN 55060

  Don't let the charming exterior fool you—this beautifully maintained 1½-story home is packed with finished living space that will surprise you!From the inviting front porch with a pergola to the backyard patio with a gazebo, the outdoor living spaces are designed for relaxing and entertaining. A fenced yard and extra wide driveway, which can fit up to 6 vehicles, add even more

  Matt Gillard RE/MAX Venture

  1221 S Grove Ave, Owatonna, MN 55060
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  /39

  $364,996

  Open Sat 11AM - 1PM

  • 3 Beds
  • 2 Baths
  • 2,076 Sq Ft

  1210 Jadden Ln SE, Owatonna, MN 55060

  Welcome to this beautifully cared-for 3-bedroom, 2-bath rambler in a highly desirable Owatonna neighborhood and sought-after Lincoln School District! Situated on a spacious corner lot, this super-clean home features an open floor plan, vaulted ceilings, and a bright, inviting main level with a primary bedroom.The lower level offers a large family room with sunny lookout windows, an

  Nick Lonetti EXIT Realty Springside

  1210 Jadden Ln SE, Owatonna, MN 55060
• 

  

  /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
• 

  /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

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 $310,616.

Are home prices dropping in Owatonna?

Yes, home prices in Owatonna are down 6% in the last 12 months.

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

369 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, 56093, 55021, 56026 and 55946.

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

The median home price in Owatonna is $290,500. If you put a 20% down payment of $58,100 and had a 30-year fixed mortgage with an interest rate of 6.65%, your estimated principal and interest payment would be $1,490 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $64K 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 $280,000, down 5% year-over-year. Homes in Owatonna sell in 48 days on average, compared to the national average of 55 days.

Home Price Trends

Median Sale Price $280,000	Median Single Family Sale Price $290,000
Median Townhouse Sale Price $319,900	Median 2 Bedroom Sale Price $243,450
Median 1 Bedroom Sale Price $153,950	Average Price Per Sq Ft $160
Number of Homes for Sale 102	Last 12 months Home Sales 369
Months of Supply 3.30	Median List Price $290,500
Median Change From 1st List Price 0%	Median Home Sale Price YoY Change -5%