Owatonna, MN
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
Primary Intelligence Tool — Sold Score™
Will your home sell in today's cooling Owatonna market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Owatonna, MN.
The Owatonna, MN housing market is currently exhibiting cooling dynamics, primarily driven by a pending ratio of 0.40. Active listings have expanded by 32.2% year-over-year, indicating a significant increase in available inventory.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
What's moving the Owatonna market right now.
Inventory growth is a prominent trend, with active listings up 32.2% over the past year and new listings increasing by 20.0% year-over-year. Concurrently, the pending ratio has contracted by 16.3% year-over-year, settling at 0.40, suggesting a deceleration in demand absorption relative to available supply. Median listing prices show modest erosion, down 1.5% year-over-year, while the share of price-reduced listings has climbed by 9.7% over the past year, reaching 24.8%.
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
The expansion in available active listings and the declining pending ratio suggest diminishing urgency for buyers. With inventory levels rising and demand absorption moderating, buyers may find increased opportunities for more deliberate negotiations and price discipline. This environment points to a market with less pressure for rapid commitments.
While the average listing price has increased by 3.7% year-over-year, the median listing price has declined by 1.5% over the same period, leading to an elevated spread between average and median prices. However, median $/sqft shows a slight gain of 0.8% year-over-year, indicating varied conditions at different price points within the market segment.
119 active listings represent the current floor, with new supply arriving at roughly 48 per month.
of active listings carry a price reduction, +9.7% from prior period.
Median price per square foot has moved +0.8% year-over-year.
Pending-to-active ratio — Cooling.
Recommended For This Market
CoolingSelling in Owatonna, MN? Inventory is up 32% from last year.
Owatonna, MN is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.
- Buyer Demand Index
- 40%
- Median Days on Market
- 43 days
- Inventory YoY
- +32%
Owatonna, MN is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.
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Metro Demographics
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