Downtown Owatonna (Downtown)
Data as of July 2026. Source: Realtor.com.
The OWATONNA, MN real estate market (55060) currently shows 130 active listings, with 36 pending sales. Homes are averaging 40 days on the market before going under contract.
Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice.
Homes are selling faster, averaging 40 days on market compared to 41 days last year.
The median listing price has fallen 1.5% year-over-year, from $345,000 to $339,950.
Whether you are buying or selling in OWATONNA, MN, 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.
Population: 29,657 · Density: 56.3/mi² · Median household income: $80,313
Typical home value: $222,641 · Homeownership: 75.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 55060 | Owatonna, MN 55060 | 0.0 mi | 80 | $27,670,640 | $354,850 | $345,883 |
| 55049 | Medford, MN 55049 | 8.1 mi | 4 | $1,139,800 | $269,900 | $284,950 |
| 56026 | Ellendale, MN 56026 | 13.2 mi | 7 | $1,915,151 | $222,450 | $273,593 |
| 55917 | Blooming Prairie, MN 55917 | 14.5 mi | 8 | $2,069,400 | $254,900 | $258,675 |
| 56035 | Geneva, MN 56035 | 16.6 mi | 1 | $296,000 | $296,000 | $296,000 |
| 55985 | West Concord, MN 55985 | 17.4 mi | 10 | $4,174,540 | $406,250 | $417,454 |
| 56072 | New Richland, MN 56072 | 18.2 mi | 6 | $1,395,240 | $229,900 | $232,540 |
| 56045 | Hollandale, MN 56045 | 20.7 mi | 2 | $1,104,900 | $552,450 | $552,450 |
| 55053 | Nerstrand, MN 55053 | 21.5 mi | 1 | $875,000 | $875,000 | $875,000 |
| 56096 | Waterville, MN 56096 | 22.5 mi | 14 | $5,362,000 | $297,500 | $383,000 |
| 55955 | Mantorville, MN 55955 | 24.2 mi | 5 | $2,356,125 | $471,225 | $471,225 |
| 56048 | Janesville, MN 56048 | 24.4 mi | 7 | $2,631,356 | $321,975 | $375,908 |
| 55944 | Kasson, MN 55944 | 24.8 mi | 35 | $15,987,720 | $448,800 | $456,792 |
As of July 2026, there are 130 active listings in OWATONNA, MN (zip code 55060), compared to 106 the prior year.
The median listing price in OWATONNA, MN 55060 is $339,950 as of July 2026, a 1.5% decrease from $345,000 the prior year.
Homes in OWATONNA, MN 55060 spend an average of 40 days on the market before going under contract, compared to 41 days the prior year.
Based on current inventory and days-on-market data as of July 2026, OWATONNA, MN 55060 is currently a Balanced Market. Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice. Homes are selling faster, averaging 40 days on market compared to 41 days last year.
With SELL123.com's maximum 3% commission, sellers in OWATONNA, MN 55060 save an estimated $6,799 compared to a typical 5% commission on the median listing price of $339,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.