Downtown Owatonna (Downtown)
Data as of March 2026. Source: Realtor.com.
The OWATONNA, MN real estate market (55060) currently shows 89 active listings, with 37 pending sales. Homes are averaging 52 days on the market before going under contract.
Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.
Homes are selling faster, averaging 52 days on market compared to 57 days last year.
The median listing price has fallen 9.9% year-over-year, from $399,900 to $360,450.
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 March 2026, there are 89 active listings in OWATONNA, MN (zip code 55060), compared to 76 the prior year.
The median listing price in OWATONNA, MN 55060 is $360,450 as of March 2026, a 9.9% decrease from $399,900 the prior year.
Homes in OWATONNA, MN 55060 spend an average of 52 days on the market before going under contract, compared to 57 days the prior year.
Based on current inventory and days-on-market data as of March 2026, OWATONNA, MN 55060 is currently a Balanced Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are selling faster, averaging 52 days on market compared to 57 days last year.
With SELL123.com's maximum 3% commission, sellers in OWATONNA, MN 55060 save an estimated $7,209 compared to a typical 5% commission on the median listing price of $360,450. 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.