Owatonna, MN Home Values & Market Trends
Real estate market trends reflect that there have been 455 transactions over the past year in Owatonna. The median value for residential home transactions that occurred over the previous year is $268,974.45. The number of current listings in Owatonna is 41, and the percentage of properties for sale in the city is 41.00%. Owatonna, MN currently has 11 properties in foreclosure, 1 bank owned properties, 10 properties headed for auction, and 41 properties for sale.
Owatonna, MN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 55060 | $ 274,381 $ 153/sqft |
Housing Market Summary for Owatonna, MN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $299.9K | $269.6K | -10.12% |
| Median Sold Price | $247.4K | $269.6K | 8.96% |
| Homes For Sale | 23 | 34 | 47.83% |
| Homes Sold | 183 | 230 | 25.68% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Owatonna, MN
Browse Homes in Owatonna, MN
Owatonna home values range from $17,842 to $1,474,725. The median estimated value of a home in Owatonna is $268,974.45. The median list price of a home is 297,900, and the total count of properties in the city is 9,627.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Owatonna, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Owatonna, MN; of that zips, 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 OwnedThe median estimated home value of bank owned homes (REO properties) in Owatonna, MN ranges from the highest value of $206,119 in 55060 to the lowest value of $206,119 in 55060. Bank owned homes and properties account for 0.01% of properties in Owatonna, MN. There is 1 zips within Owatonna, MN; 55060 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions55060 has 10 auction properties, the highest number of properties going to auction in a single zip in the state of Owatonna, MN. Auction homes and other auction properties account for 0.10% of all properties in Owatonna, MN. There is 1 zips within Owatonna, MN; of that zips, the median estimated home value for homes going to auction ranges from $428,990 in 55060 to the lowest value of $185,750 in 55060.
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More Real Estate Resources for Owatonna, MN
Guide for Owatonna, MN
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