MN area data
Owatonna, MN
Owatonna, MN.
Population: 29,599 (Census ACS)
The median home value in Owatonna, MN is $302,603 — up 2.5% over the past year. Homes sell for a median $284,900 after a median 25.5 days on market. Typical rent runs $1,168/month. 15 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with drought, hail, strongwind the top-rated hazards. Cost of living is 2.5% below the US average (BEA, metro/state-level).
$302,603
Median home value
+2.5%
1-year change
25.5
Median days on market
Very Low
Hazard risk (county)
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 (state)
- 429.3 (+3.3% YoY)
Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)
Market activity
- Median sale price
- $284,900
- Median list price
- $314,450
- Median price per sqft
- $157
- 1-year sale-price change
- -5.7%
- Median days on market
- 25.5 days
- Homes sold (recent period)
- 99
- For-sale inventory
- 116
- Sale-to-list ratio
- 98.9%
- Active listings
- 70
- 1-year forecast
- +1.3%
- Days to pending
- 38 days
- New listings (monthly)
- 51
Source: recent area sales and market data (ZIP-level)
Rents
- Typical rent
- $1,168/mo
- Studio fair-market rent
- $754/mo
- 1BR fair-market rent
- $943/mo
- 2BR fair-market rent
- $1,176/mo
- 3BR fair-market rent
- $1,529/mo
- 4BR fair-market rent
- $1,764/mo
Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)
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%
Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)
Schools
- Total schools
- 15
- Elementary schools
- 5
- Middle schools
- 3
- High schools
- 6
- Charter schools
- 1
- School districts serving the area
- TECHNICAL ACADEMIES OF MINNESOTA, OWATONNA PUBLIC SCHOOL DISTRICT
- Schools include
- CHOICE Technical Academy, LINCOLN ELEMENTARY, MCKINLEY ELEMENTARY, Owatonna Middle School, OWATONNA SENIOR HIGH
Source: NCES school directory, 2022-23 (school-address-based)
Natural hazards & flood risk
- Overall hazard risk (county)
- Very Low
- Top hazards (county)
- drought, hail, strongWind, tornado
- Notable hazard ratings (county)
- coldWave: Relatively Low · drought: Relatively Moderate · hail: Relatively Moderate · inlandFlooding: Relatively Low · strongWind: Relatively Moderate · tornado: Relatively Moderate
- FEMA flood zone
- AE
- Flood risk level
- High
- Wildfire risk to homes (county)
- Higher than 8% of US counties
- Buildings in wildfire direct-exposure zone
- 28.3%
- Radon potential (county)
- High radon potential — EPA Zone 1 of 3
- EPA Superfund (NPL) sites within 5 mi
- None
Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL
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
- USDA plant hardiness zone
- 4b (extreme annual low -25 to -20°F)
Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)
Walkability & transit
- Walkability index
- 6.7 / 20
- Transit service frequency
- -99,999
- Jobs reachable by car (30 min)
- 14,909
- Jobs reachable by transit (45 min)
- 13,542
Source: EPA Smart Location Database (metropolitan block groups)
Amenities
- Airports within 30 mi
- 11
- Nearest airport
- Owatonna Degner Regional Airport (OWA) (5 mi)
- Hospitals nearby (~15 mi)
- 1
- Hospitals include
- OWATONNA HOSPITAL
- Avg hospital rating (CMS)
- 3.0 / 5
- Best hospital rating nearby (CMS)
- 3.0 / 5
- Solar radiation rating
- Fair (3.8 kWh/m²/day)
Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)
Migration
- Net migration (county)
- -29 tax filers
Source: IRS county-to-county migration data (county-level, ~12-month lag)
Housing stock
- Median year housing built
- 1,977
- Housing built before 1970
- 38.2%
- Housing built 2000 or later
- 21.4%
- Median annual property tax
- $3,186
- Mean commute to work
- 17 min
- Households with broadband internet
- 73.0%
Source: Census ACS 5-year estimates (ZIP-level)
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
Sources: BLS QCEW (county-level) · Census Building Permits (county-level)
How it compares
| Owatonna | State median | US median | |
|---|---|---|---|
| Median home value | $302,603 | $304,931 | $289,727 |
| Median sale price | $284,900 | $315,500 | $325,000 |
| Median days on market | 26 days | 39 days | 51 days |
| Typical rent | $1,168/mo | $1,678/mo | $1,808/mo |
| Median annual property tax | $3,186 | $2,128 | $2,006 |
State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.
Area data compiled from public government, academic, and industry research feeds. Data sources →
Common questions
- What is the median home value in Owatonna, MN?
- $302,603.
- What is the median sale price in Owatonna, MN?
- $284,900.
- How long do homes take to sell in Owatonna, MN?
- Median days on market: 25.5 days.
- What is typical rent in Owatonna, MN?
- Typical rent: $1,168/month.
- What is the natural-hazard risk in Owatonna, MN?
- Overall risk: Very Low (FEMA NRI, county-level). Top hazards: drought, hail, strongWind, tornado.
- Is Owatonna, MN in a flood zone?
- High (FEMA NFIP). FEMA flood zone AE.
- What is the wildfire risk in Owatonna, MN?
- Risk to homes is higher than 8% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
- What is the radon potential in Owatonna, MN?
- High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
- Are there Superfund sites near Owatonna, MN?
- No current or proposed National Priorities List sites within 5 miles (EPA).
- How many schools serve Owatonna, MN?
- 15 schools (5 elementary, 3 middle, 6 high) (NCES, 2022-23).
- Is Owatonna, MN walkable?
- Walkability index: 6.7/20 (EPA Smart Location Database).
- What is the cost of living in Owatonna, MN?
- Regional Price Parity: 97.5 (100 = US average) (Average) (BEA RPP, metro/state-level).
ZIP code for Owatonna
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Data last updated
Most recent source refresh: Sep 2026. See all data sources →