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MN area data

Owatonna, MN

Owatonna, MN.

Population: 29,599 (Census ACS)

Home values & appreciation

Median home value
$302,603
1-year appreciation
+2.5%
3-year appreciation
+11.4%
5-year appreciation
+25.7%
10-year appreciation
+86.9%
All-time peak (2026-05)
$303,182
House Price Index
429.3 (+3.3% YoY)

Market activity

Median sale price
$284,900
Median list price
$314,450
Median days on market
25.5 days
Sale-to-list ratio
98.9%
Active listings
70
1-year forecast
+1.3%
Days to pending
38 days
New listings (monthly)
51

Rents

Typical rent
$1,168/mo
1BR fair-market rent
$943/mo
3BR fair-market rent
$1,529/mo

Affordability

Cost of living index (Average)
97.5 (100 = US avg)
Electricity rate (state-level)
15.8¢/kWh
Natural gas rate (state-level)
$11.00/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
15
Elementary schools
5
Middle schools
3
High schools
6
Charter schools
1

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
drought, hail, strongWind, tornado
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Average annual temperature
79.0°F
Average high
80.0°F
Average low
78.0°F
Annual precipitation
48.3 in

Walkability & transit

Walkability index
6.7 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Owatonna Degner Regional Airport (OWA) (5 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
3.0 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
-29 tax filers

Housing stock

Median year housing built
1,977
Median annual property tax
$3,186
Mean commute to work
17 min
Households with broadband internet
73.0%

Employment & development

Total county employment
16,799
Average weekly wage
$1,128
Top industries (by employment)
Health Care, Accommodation & Food, Other Services
Annual residential building permits (county)
24

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents