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Orono housing market

September 2026 report · NorthstarMLS data via Minneapolis Area REALTORS® · current as of October 7, 2026

  • Median sale price$1.23M+4.3% vs. prior 12 months
  • Homes sold131past 12 months, −19.6%
  • Days on market76past 12 months
  • Months of supply4.7end of September 2026

The short version

Orono in September 2026

Over the 12 months through September 2026, the median sale price in Orono was $1,225,000, up 4.3% from the 12 months before.

131 homes sold in that time (down 19.6%), and 222 new listings came on the market (down 13.3%).

Homes that sold spent 76 days on market, and sellers received 95.9% of their original list price.

At the end of September 2026 there were 53 homes for sale, 4.7 months of supply.

Only 6 homes sold in Orono in September 2026, so that month's numbers can swing a lot. The 12-month figures above are steadier.

Median sale price by month, Orono
01000k2000k3000kOct 2024Feb 2025Jun 2025Oct 2025Feb 2026Jun 2026Sep 2026$1,600,000Oct 2024$1,600,000Nov 2024$749,835Dec 2024$1,242,500Jan 2025$790,000Feb 2025$1,550,000Mar 2025$764,900Apr 2025$1,500,000May 2025$972,450Jun 2025$1,199,864Jul 2025$1,060,000Aug 2025$859,350Sep 2025$1,575,000Oct 2025$2,000,000Nov 2025$1,240,050Dec 2025$1,187,500Jan 2026$1,000,000Feb 2026$1,560,000Mar 2026$2,050,000Apr 2026$1,107,825May 2026$729,950Jun 2026$1,250,000Jul 2026$870,000Aug 2026$1,450,000$1,487,500Sep 2026$1,487,500

Single months can swing when few homes sell.

Show as a table
YearMedian price
Oct 2024$1,600,000
Nov 2024$749,835
Dec 2024$1,242,500
Jan 2025$790,000
Feb 2025$1,550,000
Mar 2025$764,900
Apr 2025$1,500,000
May 2025$972,450
Jun 2025$1,199,864
Jul 2025$1,060,000
Aug 2025$859,350
Sep 2025$1,575,000
Oct 2025$2,000,000
Nov 2025$1,240,050
Dec 2025$1,187,500
Jan 2026$1,000,000
Feb 2026$1,560,000
Mar 2026$2,050,000
Apr 2026$1,107,825
May 2026$729,950
Jun 2026$1,250,000
Jul 2026$870,000
Aug 2026$1,450,000
Sep 2026$1,487,500
Homes sold by month, Orono
02040Oct 2024Feb 2025Jun 2025Oct 2025Feb 2026Jun 2026Sep 202619Oct 202419Nov 202416Dec 202412Jan 20259Feb 20259Mar 20257Apr 202511May 202524Jun 202512Jul 202515Aug 202514Sep 202515Oct 202513Nov 202516Dec 20254Jan 20267Feb 20265Mar 20268Apr 202612May 202612Jun 202617Jul 202619Aug 2026116Sep 20266
Show as a table
YearClosed sales
Oct 202419
Nov 202416
Dec 202412
Jan 20259
Feb 20259
Mar 20257
Apr 202511
May 202524
Jun 202512
Jul 202515
Aug 202514
Sep 202515
Oct 202513
Nov 202516
Dec 20254
Jan 20267
Feb 20265
Mar 20268
Apr 202612
May 202612
Jun 202617
Jul 202619
Aug 202611
Sep 20266

All the numbers

Orono vs. a year earlier

September 202612 months through September 2026
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price$1,575,000$1,487,500−5.6%$1,175,000$1,225,000+4.3%
Average sale price$1,961,667$2,243,333+14.4%$1,533,231$1,635,760+6.7%
Price per square foot$429$624+45.5%$391$412+5.4%
Closed sales156−60.0%163131−19.6%
New listings2618−30.8%256222−13.3%
Days on market7843−44.9%8976−14.6%
% of original list price received93.3%88.2%−5.5%94.7%95.9%+1.3%
Homes for sale (end of month)6253−14.5%———
Months of supply4.74.70.0%———

Compared with the Twin Cities region (12 months)

AreaMedian priceChangeDays on market% of list receivedMonths of supply
Orono$1,225,000+4.3%7695.9%4.7
16-county Twin Cities region$395,000+1.3%5098.4%3.2

Source: Minneapolis Area REALTORS® Local Market Update, Orono, September 2026. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of October 7, 2026. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size.

Quick answers

Orono market questions

What is the median home price in Orono, MN?

$1,225,000 over the 12 months through September 2026, up 4.3% from a year earlier, according to the Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data). In September 2026 alone it was $1,487,500.

How fast are homes selling in Orono?

Homes that sold in the 12 months through September 2026 spent 76 days on market (September 2026: 43 days).

Is Orono a buyer's or seller's market?

At the end of September 2026, Orono had 4.7 months of supply (53 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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