Downtown Owatonna (Downtown)
Data as of September 2026. Source: Realtor.com.
The OWATONNA, MN real estate market (55060) currently shows 141 active listings, with 33 pending sales. Homes are averaging 52 days on the market before going under contract.
Inventory has increased compared to last year, with 32 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 52 days on market compared to 51 days last year.
The median listing price has risen 1.2% year-over-year, from $330,975 to $334,975.
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 September 2026, there are 141 active listings in OWATONNA, MN (zip code 55060), compared to 109 the prior year.
The median listing price in OWATONNA, MN 55060 is $334,975 as of September 2026, a 1.2% increase from $330,975 the prior year.
Homes in OWATONNA, MN 55060 spend an average of 52 days on the market before going under contract, compared to 51 days the prior year.
Based on current inventory and days-on-market data as of September 2026, OWATONNA, MN 55060 is currently a Buyer's Market. Inventory has increased compared to last year, with 32 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 52 days on market compared to 51 days last year.
With SELL123.com's maximum 3% commission, sellers in OWATONNA, MN 55060 save an estimated $6,700 compared to a typical 5% commission on the median listing price of $334,975. 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.