Home values, rents and more in Steele County, MN
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
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How Steele County, MN compares
The typical home in Steele County, MN is worth about $293,000, according to the Zillow Home Value Index for September 2026. Home values in Steele County, MN are about the same as the typical value in the Owatonna metro area ($293,000) and 20% below the U.S. typical value ($366,000).
Over the past year, home values in Steele County, MN rose 2.1%, compared with +2.1% in the Owatonna metro area and +1.2% nationally.
Typical rent is $1,068 a month (Zillow Observed Rent Index), about the same as the Owatonna metro area ($1,068) and 45% below the U.S. ($1,932).
The median household income is $84,196, against $84,196 in the Owatonna metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 37,464 people live in Steele County, MN (Census Bureau estimate for July 2025).
Steele County, MN has the 38th-highest typical home value of the 87 counties in Minnesota with Zillow figures.
Part of: Owatonna metro area · Minnesota
More for Steele County, MN in ProMap Plus
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- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- School test scores
- Flood, wildfire and natural hazard risk
- Property-tax rate
- Unemployment and job growth
- Building permits
- Mortgage delinquency
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby counties
Cities in Steele County, MN
ZIP codes in Steele County, MN
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.