Comprehensive market data and analysis• Updated Dec 2025
42.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 3 | 16 | 26 |
| 1-2 acres | - | - | - | 2 |
| 2-5 acres | - | - | 1 | 1 |
| 5-10 acres | - | 1 | 1 | 1 |
| 10-20 acres | - | - | 1 | 1 |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 4 | 19 | 32 |
Acreage buckets
The median price for land in Owatonna, Minnesota is currently $124K per acre. For a typical parcel, the median sale price is $52K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $37K while premium lots reached $253K.
Owatonna, Minnesota is currently a strong buyer's market with 42.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Owatonna, Minnesota currently has 42.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
There are currently 56 active listings in Owatonna, Minnesota. 4 new listings have hit the market in the last 90 days. The median asking price is $65K.
The 3-month absorption rate in Owatonna, Minnesota is 2.4%. The 12-month rate is 4.8%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Owatonna, Minnesota saw 32 properties sold, totaling $3.8M in sales volume. In just the last 3 months, 4 properties changed hands.
The median land price in Owatonna, Minnesota stands at $52K. This translates to roughly $124K per acre for the typical parcel size. The average price is $117K, indicating some higher-priced properties pulling up the average.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
