Owatonna, Minnesota
Owatonna Real Estate
Homes for sale, local facts and advice for buying or selling in Owatonna, Steele County, from Huerkamp Home Group.
Key takeaways
What should you know about Owatonna at a glance?
Owatonna is a city in southern Minnesota in Steele County, home to 26,626 people. Here's what the public numbers say.
- Population: 26,626 (Census 2024 estimate; +0.8% since 2020)
- Median home value: $245,200, about the same as the Steele County median (owner estimates, Census ACS)
- Median household income: $80,750, 4% lower than Steele County
- Homeownership: 75.6% of households own their home (Minnesota: 72.2%)
- Getting around: about 76 minutes to downtown Minneapolis and 71 minutes to MSP Airport in light traffic
- Schools: Owatonna Public School District covers about 100% of the city
Sources: US Census Bureau 2024 population estimates and 2020–2024 American Community Survey; drive times from OpenStreetMap routing.
For sale now
Where can I find Owatonna homes for sale?
The newest Owatonna listings, live from the NorthstarMLS. Open any home for photos, maps and saved-search alerts.
Open Sat, Nov 7 · 4–5:30 PM$259,000116 E School Street, Owatonna, MN 55060MLS #7166835
Listing courtesy of RE/MAX Venture
$280,00070 18th Place NE, Owatonna, MN 55060MLS #7166262Listing courtesy of Berkshire Hathaway HomeServices Advantage Real Estate
$265,0001726 Hemlock Avenue, Owatonna, MN 55060MLS #7167054Listing courtesy of Berkshire Hathaway HomeServices Advantage Real Estate
$210,000603 W Bridge Street, Owatonna, MN 55060MLS #7166764Listing courtesy of RE/MAX Dynamic Agents
$235,0001512 N Cedar Avenue, Owatonna, MN 55060MLS #7166056Listing courtesy of eXp Realty
$368,500828 Lancer Drive NE, Owatonna, MN 55060MLS #7165051Listing courtesy of Berkshire Hathaway HomeServices Advantage Real Estate
See all 158 Owatonna homes for sale
- Under $200,000 51
- Under $250,000 73
- Under $300,000 95
- Under $350,000 116
- Under $400,000 139
- Under $450,000 144
- Under $500,000 148
- Under $600,000 152
- Under $700,000 154
- Under $800,000 155
- Under $1 million 156
- Under $1.5 million 157
- Under $2 million 158
- $1 million and up 2
- Single-family homes 109
- Condos 4
- Multi-family homes 2
- Land and lots 43
- 3+ bedrooms 95
- 4+ bedrooms 57
- 5+ bedrooms 18
- New construction 14
- 1+ acre 3
Keller Williams Preferred Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Keller Williams Preferred Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Keller Williams Preferred Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
Keller Williams Preferred Realty participates in Regional MLS’s Broker Reciprocity℠ program, allowing us to display other brokers’ listings on our site. However, Keller Williams Preferred Realty displays only listings located in the Minnesota communities covered on this website. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Listing data last updated November 3, 2026 at 7:28 PM (Central). Use of listing data is subject to the license agreement. Open House information is subject to change without warning.
Listings from NorthstarMLS, updated every hour from 8 AM to 10 PM.
Recently sold
What did homes in Owatonna sell for?
Homes sold in Owatonna in the last 6 months, from NorthstarMLS.
See every Owatonna sale on the map
This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
Keller Williams Preferred Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Keller Williams Preferred Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Keller Williams Preferred Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
Keller Williams Preferred Realty participates in Regional MLS’s Broker Reciprocity℠ program, allowing us to display other brokers’ listings on our site. However, Keller Williams Preferred Realty displays only listings located in the Minnesota communities covered on this website. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Use of listing data is subject to the license agreement. Open House information is subject to change without warning.
Stay ahead of the market
How can you get new Owatonna listings first?
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- Pick your price, beds and home type
- New listings emailed as they come on the market
- Questions answered by a local agent
Living in
What's it like living in Owatonna, MN?
The answer
Owatonna is a city in southern Minnesota, and it's about 76 minutes from downtown Minneapolis and 76 minutes from downtown Saint Paul in light traffic. 75.7% of its homes are single-family houses, the typical home was built around 1978, and 75.6% of households own their home.
Demographics · Owatonna, MN
Who lives in Owatonna?
According to the Census Bureau, Owatonna's median household income is $80,750, 4% lower than the Steele County median (Steele County: $84,196). The median age is 40.4, 75.6% of households own their home and 29.3% of adults hold a bachelor's degree or higher.
US Census Bureau, American Community Survey 2020–2024 5-year estimates; population from 2024 estimates. Home values are owner estimates; values shown with “+” are the Census reporting cap.
Population trend
How fast is Owatonna growing?
Owatonna's population grew 0.8% between 2020 and 2024, from 26,424 to 26,626 residents, according to Census Bureau estimates.
US Census Bureau Vintage 2024 population estimates.
Show as a table
| Year | Residents |
|---|---|
| 2020 | 26,412 |
| 2021 | 26,445 |
| 2022 | 26,522 |
| 2023 | 26,570 |
| 2024 | 26,626 |
School planning
Which schools serve a Owatonna address?
- Owatonna Public School Districtabout 100% of the city
Ask the district for the school assignment of the exact address for the year you'll enroll, since boundaries can change. Being near a school doesn't guarantee a spot, and charter and private schools set their own rules.
Minnesota Report Card (Department of Education)
District coverage: US Census Bureau 2024 school district boundaries.
Crime data
How can you check reported crime near a home?
Ask the police department that serves the address for its current reports, and compare places only across the same time period and offense definitions. Missing data doesn't mean zero crime, and a citywide number doesn't describe a particular street.
By ZIP code
What does Owatonna look like by ZIP code?
ZIP 55060 covers most of Owatonna.
| ZIP | Share of city | Median home value | Median household income | Homeowners | Listings |
|---|---|---|---|---|---|
| 55060 | 100% | $251,100 | $84,906 | 77.2% | Homes for sale |
ZIP code areas (ZCTAs) covering at least 5% of the city; values for the whole ZIP area, Census ACS 2020–2024.
Outdoor living
What lakes and water are in Owatonna?
Owatonna has little open water inside city limits, but lakes and regional parks are a short drive away. One lake of 10 acres or more touches Owatonna; each has its own page with the lakefront homes for sale on it.
- Kohlmeier Lake34 acres
Commute & transportation
How easy is getting around Owatonna?
Owatonna residents' average one-way commute is 17.7 minutes (Census ACS). 81.7% drive alone, 1.2% take public transit and 8.3% work from home.
Drive times from Owatonna
- 76 minDowntown Minneapolis
- 76 minDowntown Saint Paul
- 71 minMSP Airport
- 66 minMall of America
- 78 minUniversity of Minnesota
Drive times: OSRM routing on OpenStreetMap data from the city's Census center point, light traffic. Rush hour takes longer.
Economy & jobs
Where do Owatonna residents work?
The largest share of employed Owatonna residents work in education, health care and social assistance (20.9%), followed by manufacturing (19.4%). The unemployment rate averaged 3.6% over 2020–2024 (Minnesota: 4.1%).
Census ACS 2020–2024, industry of employed residents 16 and older (C24050) and employment status (B23025).
- Education, health care and social assistance20.9%
- Manufacturing19.4%
- Retail trade12.9%
- Finance, insurance and real estate10%
- Arts, entertainment, recreation, lodging and food6.5%
- Construction5.9%
City comparison
How does Owatonna compare to Faribault, Dundas and Northfield?
The three communities with the shortest drive from Owatonna, side by side.
| Metric | Owatonna | Faribault | Dundas | Northfield |
|---|---|---|---|---|
| Population (2024) | 26,626 | 24,983 | 1,806 | 21,316 |
| Change since 2020 | +0.8% | +2.1% | +5.6% | +2.4% |
| Median home value | $245K | $242K | $326K | $329K |
| Median household income | $81K | $61K | $116K | $85K |
| Median gross rent | $1,067 | $1,074 | $1,875 | $1,103 |
| Homeowners | 75.6% | 66.1% | 97% | 69.3% |
| Median age | 40.4 | 38.7 | 36.3 | 28.2 |
| Average commute | 17.7 min | 19 min | 24 min | 17.7 min |
| Drive to downtown Minneapolis | 76 min | 60 min | 56 min | 54 min |
Census 2024 estimates and ACS 2020–2024; drive times from OpenStreetMap routing.
Cost of ownership
What will a Owatonna home cost you each month?
Enter the numbers for a specific home. The price starts at Owatonna's Census median home value; the interest rate, property tax and insurance are yours to fill in from a lender quote, the county's tax statement and an insurance quote. This is an illustration, not a loan estimate.
Selling in Owatonna
What's required to sell a home in Owatonna?
We haven't confirmed a city pre-sale inspection for Owatonna; check with the city before you list. Every Minnesota sale still includes the state disclosures: property condition, wells, septic systems, radon, lead paint for older homes and more.
Selling in Minnesota: every city's rules and the state disclosures · Estimate your net proceeds
Is Owatonna right for you?
Who should buy a home in Owatonna?
- Compare homes, not averages. Choose the space, layout and condition you need, and confirm it with an inspection.
- Try the drive. Test your commute at the times you'd actually travel.
- Check the schools for the address. Owatonna Public School District covers most of the city, but not all of it.
- Budget the whole payment. Include taxes, insurance, association dues and upkeep.
Planning a move
What should I verify before moving to Owatonna?
- The property's current tax statement and homestead status from Steele County.
- Lender, insurance and utility quotes for the exact address, plus any association documents and special assessments.
- The seller's disclosures, including Minnesota's required radon and well disclosures.
- Whether the city requires a point-of-sale inspection or certificate (Minneapolis and Saint Paul, for example, require Truth-in-Sale-of-Housing reports).
- The school assignment for your enrollment year, confirmed with the district.
This weekend's open houses
Can you tour Owatonna homes this weekend?
Found a Owatonna home you like? We'll set up a private showing, usually within a day or two, or tell you when it has an open house.
Owatonna FAQ
What do Owatonna buyers most often ask?
What is the median home value in Owatonna?
The Census Bureau's 2020–2024 American Community Survey puts the median value of owner-occupied homes in Owatonna at $245,200, about the same as the Steele County median (Steele County: $245,400). These are owner estimates; for current asking prices, see the Owatonna homes for sale in our home search.
How many people live in Owatonna, MN?
About 26,626 people, according to the Census Bureau's 2024 estimate. The city grew by 0.8% between 2020 and 2024.
Which school district serves Owatonna?
Owatonna Public School District (about 100% of the city). School assignment depends on the exact address, so confirm it with the district before you buy.
How far is Owatonna from downtown Minneapolis?
About 76 minutes by car in light traffic, and about 76 minutes to downtown Saint Paul. Residents' average one-way commute is 17.7 minutes (Census ACS).
Is Owatonna a good place to live?
It depends on what you need. Owatonna has a median household income of $80,750, 75.6% homeownership and a 17.7-minute average commute. Visit at the times you'd normally drive, check the school assignment for the address, and compare total ownership costs before you decide.
What does it cost to rent in Owatonna?
The median gross rent (rent plus utilities) is $1,067 a month, compared with $1,061 in Steele County (Census ACS 2020–2024).
What ZIP codes are in Owatonna?
55060 covers most of the city. ZIP code areas and city limits don't match exactly, so check the city on the property record.
What lakes are in Owatonna?
The largest named lakes inside the city are Lake Kohlmier (about 27 acres), based on Census water maps.
How long does it take to close on a home in Owatonna?
Most financed purchases close about 30 to 45 days after an accepted offer, and cash purchases can close sooner. Your lender, the appraisal and the title company set the actual timeline.
Does Owatonna require an inspection to sell a home?
We haven't confirmed a city inspection requirement for Owatonna. Every Minnesota seller still owes the state disclosures (property condition, wells, septic, radon and more), and some counties require a septic inspection. Check with the city before you list.
Why Huerkamp Home Group
Why work with Huerkamp Home Group?
Ready to make a move?
Want to talk to a Owatonna real estate expert?
Tell us your area, budget, timing and must-haves. We'll share current listings and recent sales, and explain how we'd represent you before you decide anything.
Explore nearby communities
Which communities are close to Owatonna?
Drive times from Owatonna in light traffic, with each community's Census median home value.