What the Pros Know

37,421

Population

0% YoY

2023

38.7

Median Age

2.3% YoY

2022

$79,722

Median Household Income

8.5% YoY

2022

18,021

Labor Force

0.8% MoM

2.4% YoY

7/2024

17,291

Employed

0.7% MoM

2.8% YoY

7/2024

4.1%

Unemployment Rate

0% MoM

13.9% YoY

7/2024

$280,000

Median Sale Price

9.1% MoM

1.8% YoY

8/2024

39

Homes Sold

8.3% MoM

8.3% YoY

8/2024

1.7

Months Inventory

5.3% MoM

25% YoY

8/2024

17

Days on Market

4 MoM

3 YoY

8/2024

65

Listings

12.1% MoM

38.3% YoY

8/2024

102.7%

Sale Price to List Price

1.6% MoM

1.4% YoY

8/2024

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Cities included in Steele County: Owatonna, Blooming Prairie, Medford, Ellendale


Zip Codes included in Steele County: [Click for zip code level data] 55049, 55060, 55917, 56026, 56046


 1.  Population Data from U.S. Census Bureau.
 2.  Employment Data from Bureau of Labor and Statistics
 3.  Sales Data provided by Redfin, a national real estate brokerage.

MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.

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