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Median Home Price in Owatonna, MN

The median home value in Owatonna, MN is $302,292 as of 2026-06-30, up 2.67% from a year earlier.

Median Home Value

$302,292

Year-over-Year

+2.67%

Population

26,573

Owatonna ranks #84 of 112 Minnesota cities tracked here by median home value, and sits 15.4% below the state's city median of $357,406. It sits in Steele County, where the county-wide median is $301,061.

Crime in Owatonna

Owatonna police recorded a violent crime rate of 150 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 820 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Owatonna

How much does a house cost in Owatonna, MN?

The median home value in Owatonna is $302,292. That's up 2.67% from a year earlier. That is about 15.4% below the typical county in Minnesota.

Is Owatonna expensive compared to the surrounding area?

Homes in Owatonna are more expensive than Steele County as a whole, where the median is $301,061 — a difference of about 0.4%.

Is Owatonna a safe place to live?

Owatonna police reported 150 violent crimes per 100,000 residents, covering a population of about 26,573. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.