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House Prices & Home Values Owatonna, MN 2026Average Data
04/04/2026 - The value range (VR) for house prices in Owatonna, MN is $103/ sqft to $103/ sqft. An average home with 1905 sqft costs approximately $196,215 to $196,215. Owatonna, MN includes 1 ZIP codes and it is located in Steele county. The lowest prices are found in ZIP 55060, while the highest are in ZIP 55060. The average price per sqare feet is $111. Our analysis is based on 5 property listings. Avergage prices by ZIP codes Owatonna
Historical development of home values in Owatonna
Graph: estimated home values in Owatonna over time (USD)Example: 100% financing house in OwatonnaLoan amount: $210,580 Interest rate: 6.00% Fixed monthly payment: $1,262.53
Breakdown in the 1st month: Yearly breakdown (100% financing)
Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included. How to sell in Owatonna, MN
In 2026, houses in Owatonna, MN will be offered at an average price of $111 per square foot. A 1,500 sqft home priced at $201,466 is 21.83% more expensive per square foot than a 3,900 sqft home priced at $428,572. Home prices in Owatonna, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $296,703. Sellers who can wait longer may achieve a higher price of up to $362,638. Discover Owatonna, MNOwatonna, MN, is a welcoming Steele County city along the I-35 corridor, known for its historic downtown, family-friendly attractions, and easy access to Minneapolis?Saint Paul and Rochester. History and LandmarksArchitecture fans visit the National Farmers' Bank by Louis Sullivan, a jewel of Prairie School design that anchors downtown Owatonna. The Minnesota State Public School Orphanage Museum shares poignant local history through exhibits, preserved cottages, and guided tours. Shoppers and travelers appreciate the large Cabela?s store and locally owned boutiques, coffee shops, and restaurants that make Owatonna Minnesota a convenient stop. Outdoors and RecreationOutdoor lovers explore Kaplan?s Woods Park, Lake Kohlmier, and the Straight River trail system for hiking, paddling, biking, fishing, and winter cross-country skiing. Economy and EducationA strong local economy features major employers like Federated Insurance, Viracon, health care providers, and thriving small businesses that support quality of life. Schools, regional training programs, and the Owatonna Arts Center foster education and culture, while new industrial parks attract manufacturers and logistics companies. Events and LifestyleEach August, the Steele County Free Fair showcases Minnesota?s largest county fair with concerts, exhibits, rides, and classic local food. Whether you?re planning a weekend getaway or considering relocation, search for Owatonna MN hotels, restaurants, and things to do in Owatonna to experience this vibrant Southern Minnesota destination. FAQ – Home Values in OwatonnaWhat is the median home value in Owatonna in 2026?In 2026, the typical home value in Owatonna is about $210,580 for an average home size of 1905 square feet. This corresponds to an average price of roughly $111 per square foot. What is the average cost per square foot in Owatonna?In 2026, homes in Owatonna sell for an average of around $111 per square foot, with a typical range between $103 and $103 per square foot, depending on the property’s location, condition, and lot size. What is the average home size in ?The average home size in Owatonna is about 1905 square feet, with an estimated 2026 value around $210,580. Locations close to Owatonna, MN
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