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Orono housing market, August 2026

Past report · Minneapolis Area REALTORS® Local Market Update · current as of September 8, 2026. See the newest report (September 2026)

  • Median sale price$1.45M+68.7% vs. August 2025
  • Homes sold11−21.4% vs. August 2025
  • Days on market77August 2026
  • Months of supply5.3end of August 2026

The short version

Orono in August 2026

In August 2026, 11 homes sold in Orono, against 14 in August 2025.

The median sale price was $1,450,000, up 68.7% from a year earlier, and homes spent 77 days on market, with sellers receiving 96.3% of their original list price.

The month ended with 57 homes for sale, 5.3 months of supply.

Over the 12 months through August 2026, the median was $1,310,000 (up 18.6%) across 140 sales.

That was the highest median sale price of the 80 cities in our guides with at least 10 sales that month.

Median sale price by month through August 2026, Orono
01000k2000k3000kOct 2024Feb 2025Jun 2025Oct 2025Feb 2026Jun 2026Aug 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$870,000$1,450,000Aug 2026$1,450,000

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

All the numbers

Orono, August 2026 vs. August 2025

August 202612 months through August 2026
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price$859,350$1,450,000+68.7%$1,105,000$1,310,000+18.6%
Average sale price$1,685,150$1,669,491−0.9%$1,535,716$1,644,640+7.1%
Price per square foot$431$479+11.2%$397$407+2.5%
Closed sales1411−21.4%158140−11.4%
New listings1527+80.0%257228−11.3%
Days on market8777−11.5%9077−14.4%
% of original list price received98.4%96.3%−2.1%94.6%95.9%+1.4%
Homes for sale (end of month)5657+1.8%———
Months of supply4.15.3+29.3%———
Twin Cities region, median price$400,000$405,000+1.3%$389,000$395,000+1.5%

Source: Minneapolis Area REALTORS® Local Market Update, Orono, August 2026. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of September 8, 2026. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size.

Quick answers

Orono in August 2026: questions

What was the median home price in Orono, MN in August 2026?

$1,450,000, from 11 sales (up 68.7% from August 2025), according to the Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data).

How many homes sold in Orono, MN in August 2026?

11, against 14 in August 2025. 27 new listings came on the market that month.

Was Orono a buyer's or seller's market in August 2026?

Orono ended August 2026 with 5.3 months of supply (57 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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