Housing · Orono

Orono, MN housing market

The typical Orono home is worth about $1,154,000, up 6.5% in a year, 229% above the Minnesota typical home. Homes typically sell in 30 days, below asking.

Home values, sales, trends and how Orono compares with the towns next door — updated as new data is published.

The market right now

Orono at a glance

Typical home value
$1.15M
▲ 6.5% in a year · Zillow
Median sale price
$650K
May 2026 · Redfin
Days on market
30
Minnesota: 25 days
Sale-to-list
98%
Homes sell below asking
Homes sold
13
in May · 47 for sale
Market temperature

A seller's market

Buyer's marketBalancedSeller's market

Supply is tight — about 3.6 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.

Ten-year trend

Typical home value, 2016–2026

OronoMinnesota
$200K$300K$400K$500K$600K$700K$800K$900K$1M$1.1M$1.2M 20182020202220242026 Orono $1.15M Minnesota $351K
Show as a table
JanuaryOronoMinnesota
2017$636,000$217,000
2018$673,000$232,000
2019$710,000$246,000
2020$716,000$259,000
2021$764,000$282,000
2022$929,000$313,000
2023$994,000$325,000
2024$1,013,000$331,000
2025$1,064,000$341,000
2026$1,123,000$349,000
August 2026$1,154,000$351,000
Nearby

Orono and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr changeDays on marketMedian income
Orono $1.15M +6.5% 30 $173,527
Wayzata $945K +5.7% 63 $131,614
Spring Park $585K +6% 95 $48,315
Medina $841K +1.4% 36 $230,859
Tonka Bay $1.13M +8.6% — $156,458
Mound $382K +1.4% 55 $86,675
Shorewood $829K +4.6% 22 $171,063
Affordability

6.7 years of income

The typical Orono home costs about 6.7 years of the town's median household income, more than across Minnesota (3.9 years).

How Orono ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
90.9%
Minnesota: 72.2%
Median tax bill
$8,722
Minnesota: $3,357
Median rent
$1,818
Minnesota: $1,280
Typical home built
1982
Minnesota: 1979

U.S. Census Bureau, ACS 2020-2024.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.

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Orono

Minnesota · MN
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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01