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County Overview

Steele County, Minnesota

Aggregate real estate market report across county ZIPs
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
98
⇧ 19.5%
Pending
30
31% pending ratio
Median Price
$318,296
⇧ 1.2%
Average Price
$341,652
⇩ 10.5%
Days on Market
79
⇧ 0.8%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The Steele County, Minnesota real estate market currently shows 98 active listings, with 30 pending sales. Homes are averaging 79 days on the market before going under contract.

Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 79 days on market compared to 78.4 days last year.

The median listing price has risen 1.2% year-over-year, from $314,553 to $318,296.

Whether you are buying or selling in Steele County, Minnesota, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Included Areas

Blooming Prairie: 55917

Ellendale: 56026

Hope: 56046

Medford: 55049

Owatonna: 55060

Market Context

ZIP coverage: 5  ·  Population: 38,007  ·  Median household income: $80,289

Typical home value: $218,084  ·  Homeownership rate: 77.8%

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings