Oronoco, MN housing market
Homes typically sell in 39 days, close to asking.
Home values, sales, trends and how Oronoco compares with the towns next door — updated as new data is published.
Oronoco at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Home prices up 44% in 5 years
The federal house price index for the ZIP code around Oronoco rose 44% over the past 5 years, faster than across Minnesota (37%). Last year prices rose 2.5%. Carrying the Census median home value forward with that index puts the typical Oronoco home at roughly $752,000 today.
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| Year | Change that year | Since 2000 | Minnesota since 2000 |
|---|---|---|---|
| 2025 | +2.5% | +137% | +127% |
| 2024 | −2.9% | +131% | +120% |
| 2023 | +13% | +138% | +113% |
| 2022 | +14% | +110% | +104% |
| 2021 | +11% | +84% | +82% |
| 2020 | +4.2% | +65% | +66% |
| 2019 | −0.4% | +58% | +61% |
| 2018 | +6.4% | +59% | +55% |
| 2017 | +9.7% | +49% | +46% |
| 2016 | +4.7% | +36% | +38% |
| 2015 | +6.6% | +30% | +32% |
| 2014 | −1.3% | +22% | +28% |
| 2013 | +0.8% | +24% | +21% |
| 2012 | +1.3% | +23% | +16% |
| 2011 | +1.1% | +21% | +18% |
| 2010 | −9.3% | +20% | +25% |
| 2009 | −5.1% | +32% | +33% |
| 2008 | −1.2% | +39% | +42% |
| 2007 | +3.6% | +41% | +48% |
| 2006 | −1.5% | +36% | +49% |
| 2005 | +10% | +38% | +45% |
| 2004 | +5.4% | +25% | +34% |
| 2003 | +4.5% | +19% | +23% |
| 2002 | +4.9% | +14% | +18% |
| 2001 | +8.4% | +8.4% | +9.2% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 55960, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
4 new homes permitted in 2025
Builders were permitted 4 new homes in Oronoco in 2025, all single-family houses, worth about $2.2 million to build. That's 2.4 per 1,000 residents, slower than across Minnesota (3.8). Over the past 10 years, Oronoco has permitted 155 homes in all.
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| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 4 | 4 | 0 | $2.2 million |
| 2024 | 9 | 9 | 0 | $3 million |
| 2023 | 92 | 92 | 0 | $31.6 million |
| 2022 | 3 | 3 | 0 | $1.4 million |
| 2021 | 3 | 3 | 0 | $1.4 million |
| 2020 | 3 | 3 | 0 | $1.4 million |
| 2019 | 7 | 7 | 0 | $3 million |
| 2018 | 10 | 10 | 0 | $3.9 million |
| 2017 | 11 | 11 | 0 | $3.5 million |
| 2016 | 13 | 13 | 0 | $4.8 million |
| 2015 | 20 | 20 | 0 | $7 million |
| 2014 | 14 | 14 | 0 | $4.7 million |
| 2013 | 26 | 26 | 0 | $7.6 million |
| 2012 | 4 | 4 | 0 | $1.2 million |
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 | — | +2.5%† | $1,490 | 4 | $157,500 |
| Oronoco | $568K | +4.6% | $1,440 | 0 | $124,079 |
| New Haven | — | +7.6%† | $1,270 | 7 | $132,670 |
† FHFA price index change, where Zillow has no home value for the town.
3.2 years of income
The typical Oronoco home costs about 3.2 years of the town's median household income, less 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 $1,490
HUD's Fair Market Rent for a two-bedroom in Oronoco is $1,490 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Oronoco pay a median of $1,100, so moving in tends to cost more than staying put. A two-bedroom takes about 11% of the town's median household income.
Studio $1,180 · 4 bedrooms $2,500
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (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.
Recent listings in Oronoco
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.