Owatonna, MN

Population: 25,734
Average annual home appreciation rate: 6.05%
Total of homes for sale in this market: 31
Median home price: $148,240
Median Rent: $640 per room
Home price range: 63.08% of homes are between $95,001 – $191,000
Median sales price: NO DATA
Number of homes: 15
Median foreclosure sales price: NO DATA
Foreclosure discount: NO DATA
Most common home type: 71.35% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 6.45%
Number of renters: 25.61%
Number of owner occupied: 74.39%
Number people living below poverty level: 8.74%
Unemployment rate: 2.80%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Owatonna area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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