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MN area data

Owatonna, MN

Owatonna, MN.

Population: 29,599 (Census ACS)

The typical home value in Owatonna, MN is $295,054 — up 1.8% over the past year. Homes sell for a median $281,117 after a median 23 days on market. Typical rent runs $1,081/month. 18 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with drought, hail, strong wind the top-rated hazards. Cost of living is 1.4% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$295,054

Typical home value

+1.8%

1-year change

23

Median days on market

Very Low

Hazard risk (county)

Home values & appreciation

Typical home value
$295,054
1-year appreciation
+1.8%
3-year appreciation
+10.1%
5-year appreciation
+22.3%
10-year appreciation
+83.7%
Peak value since 2000 (May 2026)
$296,633
House Price Index (state)
442.4 (+2.4% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$281,117
Median list price
$296,863
Median price per sqft
$158
1-year sale-price change
-4.7%
Median days on market
23 days
Homes sold (recent period)
102
For-sale inventory
135
Sale-to-list ratio
99.7%
Active listings
113
1-year forecast
+3.3%
Days to pending
42 days
New listings (monthly)
44

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$1,081/mo
Studio fair-market rent
$866/mo
1BR fair-market rent
$951/mo
2BR fair-market rent
$1,244/mo
3BR fair-market rent
$1,703/mo
4BR fair-market rent
$1,814/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Average)
98.6 (100 = US avg)
Electricity rate (state-level)
15.8¢/kWh
Natural gas rate (state-level)
$11.00/MCF
30-year mortgage rate (national)
7.18%
15-year mortgage rate (national)
6.57%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
18
Elementary schools
5
Middle schools
3
High schools
6
Charter schools
1
Avg student-teacher ratio
14.6 : 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, 2024-25 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
drought, hail, strong wind, tornado
Notable hazard ratings (county)
hail: Relatively Moderate · drought: Relatively Moderate · tornado: Relatively Moderate · strong wind: Relatively Moderate · cold wave: Relatively Low · winter weather: Relatively Low
Most common flood zone among NFIP claims
Zone AE
NFIP flood claims on record
86
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
Flood zones vary by property. Look up a specific address on the FEMA Flood Map Service Center.
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
45.0°F
Average high
54.0°F
Average low
35.0°F
Annual precipitation
36.0 in
Annual snowfall
44.2 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)
Nearest major airport
Rochester International Airport (RST) (37 mi)
Hospitals in or near this ZIP
1
Hospitals include
OWATONNA HOSPITAL
Avg hospital rating (CMS)
5.0 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)

Migration

Net migration (county)
-29 tax filers

Source: IRS SOI county-to-county migration (county-level; published with a multi-year lag)

Housing stock

Median year housing built
1977
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
16,970
Average weekly wage
$1,212
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
54

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

OwatonnaState medianUS median
Typical home value$295,054$298,060$285,053
Median sale price$281,117$303,661$319,906
Median days on market23 days35 days48 days
Typical rent$1,081/mo$1,669/mo$1,803/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 typical home value in Owatonna, MN?
$295,054.
What is the median sale price in Owatonna, MN?
$281,117.
How long do homes take to sell in Owatonna, MN?
Median days on market: 23 days.
What is typical rent in Owatonna, MN?
Typical rent: $1,081/month.
What is the natural-hazard risk in Owatonna, MN?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: drought, hail, strong wind, tornado.
Is Owatonna, MN in a flood zone?
Flood zones vary by property within Owatonna, MN. 86 FEMA flood-insurance (NFIP) claims are on record; the most common zone among them is AE. Check a specific address on the FEMA Flood Map Service Center.
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?
18 schools (5 elementary, 3 middle, 6 high) (NCES, 2024-25).
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: 98.6 (100 = US average) (Average) (BEA RPP, metro/state-level).

ZIP code for Owatonna

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Data last updated

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

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