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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.

Home Trends in Owatonna, MN

Housing Trends

Median Sale Price
$412,500
Median Single Family Sale Price
$412,500
Average Price Per Sq Ft
$204
Number of Homes for Sale
5
Last 12 months Home Sales
50
Months of Supply
1.20
Median List Price
$412,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
18%
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