Oronoco, MN housing market
The typical Oronoco home is worth about $568,000, up 4.6% in a year, 62% above the Minnesota typical home.
Home values, sales, trends and how Oronoco compares with the towns next door — updated as new data is published.
Oronoco at a glance
Typical home value, 2016–2026
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| January | Oronoco | Minnesota |
|---|---|---|
| 2017 | $326,000 | $217,000 |
| 2018 | $354,000 | $232,000 |
| 2019 | $367,000 | $246,000 |
| 2020 | $382,000 | $259,000 |
| 2021 | $423,000 | $282,000 |
| 2022 | $470,000 | $313,000 |
| 2023 | $495,000 | $325,000 |
| 2024 | $509,000 | $331,000 |
| 2025 | $537,000 | $341,000 |
| 2026 | $557,000 | $349,000 |
| August 2026 | $568,000 | $351,000 |
No new homes permitted in 2025
No permits for new homes were issued in Oronoco in 2025 or in any year since 2024.
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| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 0 | 0 | 0 | — |
Oronoco's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Oronoco and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Oronoco | $568K | +4.6% | $1,440 | 0 | $124,079 |
| Oronoco | — | +2.5%† | $1,490 | 4 | $157,500 |
| Pine Island | — | +9%† | $1,230 | 33 | $104,432 |
| Cascade | — | +2.9%† | $1,420 | 2 | $150,000 |
| New Haven | — | +7.6%† | $1,270 | 7 | $132,670 |
| Farmington | — | — | $1,220 | 1 | $87,750 |
† FHFA price index change, where Zillow has no home value for the town.
4.6 years of income
The typical Oronoco home costs about 4.6 years of the town's median household income, more than across Minnesota (3.9 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,440
HUD's Fair Market Rent for a two-bedroom in Oronoco is $1,440 a month, utilities included: roughly what a modest, recently rented unit costs. A two-bedroom takes about 14% of the town's median household income.
Studio $1,140 · 4 bedrooms $2,410
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (55901, 55906, 55956, 55960; Rochester, MN HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.