Owatonna, MN Real Estate
According to census data in the year 2000 there were 8,936 housing units in Owatonna.
This represents a 17.9% growth from 7,578 in 1990.
Of those housing units, 8,853 were located in either urbanized areas or urban clusters, and 83 were located in what is classified as a rural area.
Homeownership rate in Owatonna is about 76.5%.
Owatonna's vacancy rate, including seasonal lodging, is about 2.7%.
Average household size is 2.52 people.
The majority of houses, apartments or condos in Owatonna were built after 1969.
|Housing Units by Size|
|Five Bedrooms or more||2.90%|
Owned Homes, Apartments and Condos
|Average Household Size||2.65|
|Median year structure was built||1968|
|Median Value of occupied units||$104,000|
|Median Price asked for vacant units||$101,700|
Rented Homes, Apartments and Condos
|Average Household Size||2.09|
|Median year structure was built||1971|
|Median Monthly Rent asked for vacant units||$378|
Owners Finance Status
|Second Mortgage & Equity Loan||0.20%|
|Home Equity Loan||13.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.7%|