55060 Home Values & Market Trends

There are 36 homes currently listed for 55060. 55060 real estate market trends show that home prices range from $64,900 to $899,900, and the median sales price in the 55060 zip code is $268,957.68. The total number of properties sold within the past twelve months is 447. In 55060, 10 properties are in foreclosure, 1 are bank owned properties,and 9 are headed for auction.

55060 Real Estate Market Overview

CityMedian Est. Value
Owatonna

$ 274,640

$ 141/sqft

Housing Market Summary for 55060

Apr 2023March 2024Change
Median Listing Price$299.9K$269.6K-10.12%
Median Sold Price$247.4K$269.6K8.96%
Homes For Sale233447.83%
Homes Sold18323025.68%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in 55060

The median list price of a home in Owatonna, is $268,957.68. A total of 36 properties are for sale, and the percentage of properties for sale in the zip code is 36.00%. The total count of 55060 properties is 9,625.

Foreclosure
There is 1 cities within 55060; within this cities, the median estimated home value for homes in foreclosure ranges from $428,990 in owatonna to the lowest value of $192,250 in owatonna. Foreclosure homes account for 0.00% of properties in 55060 with owatonna containing 10 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 55060 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 55060; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 55060 ranges from the highest value of $206,119 in owatonna to the lowest value of $206,119 in owatonna. Bank owned homes and properties account for 0.01% of properties in 55060. There is 1 cities within 55060; owatonna containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    owatonna has 9 auction properties, the highest number of properties going to auction in a single city in the state of 55060. Auction homes and other auction properties account for 0.09% of all properties in 55060. There is 1 cities within 55060; of that cities, the median estimated home value for homes going to auction ranges from $428,990 in owatonna to the lowest value of $192,250 in owatonna.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.37% of residential properties in 55060 with owatonna containing 36 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 55060; homes for sale in that cities, have a range of median values from $949,900 in owatonna to the lowest value of $72,900 in owatonna.
    Sold Homes
    The median value for recently sold homes ranges from $1,056,651 in owatonna to the lowest price of $32,821 in owatonna. There is 1 cities within 55060. owatonna has 218 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.26% of properties in 55060.

      Compare Nearby Zip Codes

      Price
      $/Sqft
      Homes For Sale
      0
      0
      55060
      $
      $

      Guide for 55060

      Market Reports
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports
      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Market Reports
      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Fix and Flip
      Tallahassee’s Real Estate Market A in Review 2023-2024
      See More Articles
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports|posted 26 March 2024

      Overview of the real estate trends in Saint Paul over the past year, analyzing various aspects like sale prices, property values, market activity, and market dynamics on a monthly basis, discussing influences such as economic conditions, interest rates, seasonal changes, and local employment levels.

      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Market Reports|posted 14 March 2024

      The article provides a comprehensive analysis of real estate market trends in Minneapolis and its surrounding cities, highlighting various shifts in property values and sales. The observations reflect a diverse and dynamic market catering to varying buyer preferences and budgets.

      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Market Reports|posted 10 April 2024

      The blog post discusses the fluctuating real estate market in Montgomery, Alabama, comparing its property values, cost per square foot, and market activity with neighboring cities, revealing the dynamic nature of regional real estate.

      Tallahassee’s Real Estate Market A in Review 2023-2024
      Fix and Flip|posted 10 April 2024

      An analysis of the Tallahassee real estate market from April 2023 to March 2024 shows fluctuating property values and sale prices, yet consistently strong market activity, indicating a healthy and dynamic property landscape.