Downtown Owatonna (Downtown)
Data as of April 2026. Source: Realtor.com.
The OWATONNA, MN real estate market (55060) currently shows 110 active listings, with 58 pending sales. Homes are averaging 30 days on the market before going under contract.
Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice.
Homes are selling faster, averaging 30 days on market compared to 35 days last year.
The median listing price has fallen 11.5% year-over-year, from $389,675 to $344,950.
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 April 2026, there are 110 active listings in OWATONNA, MN (zip code 55060), compared to 90 the prior year.
The median listing price in OWATONNA, MN 55060 is $344,950 as of April 2026, a 11.5% decrease from $389,675 the prior year.
Homes in OWATONNA, MN 55060 spend an average of 30 days on the market before going under contract, compared to 35 days the prior year.
Based on current inventory and days-on-market data as of April 2026, OWATONNA, MN 55060 is currently a Balanced Market. Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice. Homes are selling faster, averaging 30 days on market compared to 35 days last year.
With SELL123.com's maximum 3% commission, sellers in OWATONNA, MN 55060 save an estimated $6,899 compared to a typical 5% commission on the median listing price of $344,950. 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.