The Orono housing market is somewhat competitive. The median sale price of a home in Orono was $1.6M last month, up 92.0% since last year. The median sale price per square foot in Orono is $238, down 4.2% since last year.
In October 2024, Orono home prices were up 92.0% compared to last year, selling for a median price of $1.6M. On average, homes in Orono sell after 54 days on the market compared to 60 days last year. There were 18 homes sold in October this year, up from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,612,500
+92.0% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Orono, MN
$1,612,500
+92.0%
United States
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How hot is the Orono housing market?
Orono is somewhat competitive. Homes sell in 53.5 days.
0
100
34
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 54 days.
Hot homes
can sell for around list price and go pending in around 18 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Orono housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Orono.
Flood Factor - Minor
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Orono has a minor risk of flooding. 259 properties in Orono are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in Orono. Flood risk is increasing slower than the national average.
47% of properties are at risk of wildfire over the next 30 years
Fire Factor
Orono has a moderate risk of wildfire. There are 2,097 properties in Orono that have some risk of being affected by wildfire over the next 30 years. This represents 47% of all properties in Orono.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Orono has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Orono is most at risk from severe storms. 4,403 properties in Orono have some risk of being in a severe wind event within the next 30 years.