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Owatonna, MN 55060 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Owatonna, MN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.26
ActiveActive listings: 3838PendingPending sales: 1010
Owatonna, MN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $300k$300kSoldMedian sold price (last 6 months): $277k$277k
What homes actually sell for in Owatonna, MN
Distribution of 290 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $220k to $349k
$126k to $169k: 11 sales$126k$169k to $213k: 37 sales$213k to $256k: 53 sales$213k$256k to $300k: 57 sales57sales$300k to $343k: 41 sales$300k$343k to $387k: 35 sales$387k to $430k: 17 sales$387k$430k to $474k: 10 salesMedian $277k

What the numbers say

As of September 14, 2026, Resideline is tracking 38 active listings and 10 pending sales in ZIP code 55060. That pending-to-active ratio of 0.26 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $300,250, while the median of the 290 closed sales Resideline tracked over the last six months was $277,070. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 55060 for 58 days.

Frequently asked questions

What is the median home price in 55060?

The median closed sale price in Owatonna, MN 55060 was $277,070 over the last six months, based on 290 closed sales tracked by Resideline. The middle half of those sales ranged from $220,000 to $349,000.

Is 55060 a buyer's or seller's market?

Resideline is currently tracking 10 pending sales against 38 active listings in 55060, a pending-to-active ratio of 0.26. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 55060 currently looks like a balanced market.

Nearby ZIP code market data

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