Steele County, MN Home Values & Market Trends
The median home price in Steele County, MN is $263,671.27. There were 556 home sales in Steele County, MN over the past 12 months. The median residential Steele County, MN home value for transactions over the previous year is $235,000. The number of current listings in Steele County, MN is 56, and the percentage of properties for sale is 56.00%. The county has 14 foreclosures, 1 bank owned properties, 13 headed for auction, and 56 properties for sale.
Steele County, MN Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Owatonna | $ 274,381 $ 153/sqft | Medford | $ 391,781 $ 143/sqft |
| Blooming Prairie | $ 187,750 $ 100/sqft | Hope | $ -- $ -- |
| Ellendale | $ 260,967 $ 152/sqft |
Housing Market Summary for Steele County, MN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $247.4K | $265K | 7.13% |
| Median Sold Price | $239K | $265K | 10.90% |
| Homes For Sale | 28 | 42 | 50.00% |
| Homes Sold | 248 | 290 | 16.94% |
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 Steele County, MN
Browse Homes in Steele County, MN
Steele County, MN home values range from $17,842 to $1,474,725. Medford is the priciest city with a median listing home price of $384,950, and Blooming Prairie is most affordable with average house prices of around $209,900.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Steele County, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 5 cities within Steele County, MN; of those 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 OwnedThe median estimated home value of bank owned homes (REO properties) in Steele County, MN 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 Steele County, MN. There are 5 cities within Steele County, MN; Owatonna containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsOwatonna has 10 auction properties, the highest number of properties going to auction in a single city in the state of Steele County, MN. Auction homes and other auction properties account for 0.11% of all properties in Steele County, MN. There are 5 cities within Steele County, MN; of those cities, the median estimated home value for homes going to auction ranges from $428,990 in Owatonna to the lowest value of $100,000 in Owatonna.
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More Real Estate Resources for Steele County, MN
Guide for Steele County, MN
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