Current Price

$279,831

1 Month Forecast

â–² $302,024

1-Year Forecast *

â–² $322,949

5-Year Forecast *

â–² $378,688

"Is it a good time to buy homes in Owatonna?" "Does investing in real estate in Owatonna (Minnesota State, Steele County) worth it?" According to our live Forecast System, buying a house in Owatonna is a good short-term (1-year) investment*. The Owatonna average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Owatonna" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Owatonna in Minnesota State, Steele County. If you are looking for homes for sale with good flipping profit, Owatonna can be a profitable property investment option. The median price of an average house in Owatonna was 279,831 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Owatonna" area is 378,688 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +35.33% meaning that investing 100000 USD today may yield a profit of 35,327 USD by 2031.

Current Median Listing Price: 279,831 USD Median Listing Price Per Square Foot: 155 USD

Owatonna Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Owatonna (Minnesota State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Owatonna Price Target

Owatonna median home price target in 12 months: $322,949* (upside of 15.4%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $297,427 $300,184 $297,427 $300,184
2024 $266,176 $279,831 $266,176 $279,831
2023 $254,272 $265,555 $254,272 $265,555
2022 $244,184 $254,240 $244,184 $259,101
2021 $211,244 $241,837 $211,244 $241,837
2020 $191,221 $208,843 $191,221 $208,843
2019 $181,349 $190,372 $181,349 $190,372
2018 $171,483 $180,401 $171,483 $180,401
2017 $162,655 $170,548 $162,655 $170,548
2016 $151,798 $161,463 $151,798 $161,463
2015 $145,501 $151,017 $145,501 $151,017
2014 $141,127 $145,507 $141,127 $145,594
2013 $134,915 $140,752 $134,915 $140,752
2012 $130,326 $134,573 $130,326 $134,573

Questions & Answers about the Owatonna Housing Market Forecast

How much does an average home cost in Owatonna today?

The value of an average home (the listing price) in Owatonna is $279,831 USD.

What is the average price per square foot in Owatonna?

According to Walletinvestor the median price per square foot in Owatonna is 155 USD.

Will the median listing price of homes in Owatonna grow / rise / go up?

Yes. The Owatonna home prices may rise from 279,831 USD to 322,949 USD in one year.

Is it profitable to invest in Owatonna homes?

Yes. The long-term profit potential is +15.41% in one year.

Will Owatonna house prices fall / drop?

No. See above.

What is the predicted price of a Owatonna home in 2030?

The predicted home sales price of a Owatonna home in 2030 in Owatonna is 359,395 USD.

What is the predicted price of a Owatonna home in 2035?

The predicted home sales price of a Owatonna home in 2035 in Owatonna is 444,149 USD.

Will real estate prices decrease in Owatonna?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Owatonna is the 2109. largest city in the United States, located in Minnesota State.

During the last 12 months the real estate prices in Steele, Owatonna decreased, looking at the past 12 months.

According to Walletinvestor's Owatonna real estate market research, home values will increase in the next 12 months.

Median home values decreased by 6.441% to 279,831 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 15.209% in 2021
  • 16.199% in 2022
  • 15.579% in 2023
  • 15.379% in 2024
  • 16.979% in 2025
  • 13.509% in 2026

Based on our Owatonna real estate market research and report the predicted sales prices will increase by 319.164% in the next 10 years.

Over the last 12 months, the value of homes in Owatonna fluctuated: increasing 4 times .

Owatonna (Minnesota) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Owatonna Housing Market Forecast with Real Estate Prices for 2025
August 2025 302024 281789 322260
September 2025 303875 278350 329401
October 2025 305738 279750 331726
November 2025 307612 281157 334067
December 2025 309497 287523 331472
Owatonna Housing Market Forecast with Real Estate Prices for 2026
January 2026 311395 281189 341600
February 2026 313273 288211 338334
March 2026 315151 297818 332484
April 2026 317082 286960 347205
May 2026 319026 287123 350929
June 2026 320981 296587 345376
July 2026 322949 304218 341680
August 2026 324928 295035 354822
September 2026 326920 301420 352420
October 2026 328924 302939 354909
November 2026 329416 311627 347204
December 2026 328238 299025 357451
Owatonna Housing Market Forecast with Real Estate Prices for 2027
January 2027 327065 297629 356501
February 2027 325896 309275 342517
March 2027 325245 300527 349964
April 2027 324659 299985 349333
May 2027 324700 295477 353923
June 2027 325272 296973 353570
July 2027 326455 307521 345389
August 2027 327431 302219 352643
September 2027 329326 303310 355343
October 2027 331345 301524 361166
November 2027 333376 305706 361046
December 2027 334938 308478 361399
Owatonna Housing Market Forecast with Real Estate Prices for 2028
January 2028 336134 309580 362689
February 2028 337300 315713 358887
March 2028 338200 312496 363903
April 2028 338700 316346 361054
May 2028 339492 307919 371065
June 2028 341167 314897 367437
July 2028 343258 323349 363167
August 2028 345362 312898 377826
September 2028 347019 320992 373045
October 2028 347834 313746 381922
November 2028 348195 316857 379532
December 2028 348996 328754 369238
Owatonna Housing Market Forecast with Real Estate Prices for 2029
January 2029 349783 322150 377416
February 2029 351327 321464 381190
March 2029 353050 325159 380941
April 2029 355214 322534 387893
May 2029 357391 330944 383838
June 2029 359003 334232 383775
July 2029 359395 337831 380959
August 2029 359881 324253 395509
September 2029 360119 337431 382806
October 2029 360523 324471 396575
November 2029 360704 342308 379100
December 2029 362915 333519 392311
Owatonna Housing Market Forecast with Real Estate Prices for 2030
January 2030 365139 336293 393985
February 2030 367377 342763 391992
March 2030 369629 337841 401417
April 2030 371895 349953 393837
May 2030 374174 336757 411592
June 2030 376431 347069 405793
July 2030 378688 356345 401030
August 2030 381009 347861 414157
September 2030 383344 361494 405195
October 2030 385694 359853 411536
November 2030 388058 355849 420267
December 2030 390437 352564 428309
Owatonna Housing Market Forecast with Real Estate Prices for 2031
January 2031 392830 357868 427792
February 2031 395238 369547 420928
March 2031 395829 372871 418787
April 2031 394414 358522 430305
May 2031 393004 354883 431125
June 2031 391599 361054 422144
July 2031 390817 353299 428336
August 2031 390113 354613 425613
September 2031 390163 369874 410451
October 2031 390849 357236 424462
November 2031 392271 358928 425614
December 2031 393444 360394 426493
Owatonna Housing Market Forecast with Real Estate Prices for 2032
January 2032 395721 369604 421839
February 2032 398147 359129 437165
March 2032 400587 368140 433035
April 2032 402465 365841 439089
May 2032 403902 378052 429751
June 2032 405302 377742 432863
July 2032 406383 385251 427515

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.