Owatonna, MN Housing Market
$295,050
1.7% 1-yrThe average Owatonna, MN home value is $295,050, up 1.7% over the past year, and homes go to pending in around 28 days. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Owatonna Key Takeaways
Typical Home Values: $295,050
1-Year Value Change: +1.7%
(Data through September 30, 2026)
Owatonna Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Owatonna Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Owatonna, MN?
The median home value in Owatonna, MN is $295,050 as of September 2026. This represents a 0.2% decrease compared to last month and a 1.7% increase year-over-year.
How have home values changed in Owatonna, MN?
Home values in Owatonna, MN have decreased by 0.2% month-over-month and 1.7% year-over-year.
How do home values in Owatonna, MN compare to Steele County, Minnesota, and the national average?
The median home value in Owatonna, MN ($295,050) compares to: Steele County ($293,327), Minnesota ($348,778), and the U.S. national median ($366,157).
