Local Market0 views · 1 answer
Are buyers active in Owatonna?
P
Primpted Housing Analyst
Updated monthly · Data through May 2026 · v265
- Sold Score
- 75/100
- YoY Good Chance of Selling
- Pending ratio
- 1.03
- YoY contracts vs active
- Inventory YoY
- +0.2%
- YoY active listings
- Median DOM
- 36
- YoY days on market
- Price cuts
- 28.6%
- YoY of active listings
Buyer demand in Owatonna is **very active** as of May 2026. The pending ratio is 1.03 — that's contracts under negotiation versus the homes available to buy.
Homes take a median of 36 days to go under contract. Active inventory is +18.6% year over year, giving buyers more choice and slower-paced decisions. Sellers are responding: 28.6% of listings have cut price. Overall, the Primpted Sold Score for Owatonna is 75/100 (Good Chance of Selling).
— Live indicators (May 2026): Sold Score: 75/100 (Good Chance of Selling) · Pending ratio: 1.03 · Inventory YoY: +18.6% · Median days on market: 36 · Sellers cutting price: 28.6% · Median listing price: $329,675 (-5.8% YoY)
Owatonna snapshot
As of the latest 2026 data- Median listing
- $330K
- YoY -0.1%
- Active inventory
- 86
- YoY +0.2%
- Median DOM
- 38
- YoY -0.0%
- Pending ratio
- 0.73
- YoY -0.1%
- Price-reduced
- 16.7%
- YoY -0.0%