Downtown Owatonna (Downtown)
Data as of June 2026. Source: Realtor.com.
The OWATONNA, MN real estate market (55060) currently shows 126 active listings, with 54 pending sales. Homes are averaging 38 days on the market before going under contract.
Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice.
Homes are selling faster, averaging 38 days on market compared to 40 days last year.
The median listing price has fallen 7.1% year-over-year, from $354,950 to $329,900.
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 June 2026, there are 126 active listings in OWATONNA, MN (zip code 55060), compared to 108 the prior year.
The median listing price in OWATONNA, MN 55060 is $329,900 as of June 2026, a 7.1% decrease from $354,950 the prior year.
Homes in OWATONNA, MN 55060 spend an average of 38 days on the market before going under contract, compared to 40 days the prior year.
Based on current inventory and days-on-market data as of June 2026, OWATONNA, MN 55060 is currently a Balanced Market. Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice. Homes are selling faster, averaging 38 days on market compared to 40 days last year.
With SELL123.com's maximum 3% commission, sellers in OWATONNA, MN 55060 save an estimated $6,598 compared to a typical 5% commission on the median listing price of $329,900. 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.