Market Overview
Home Prices in Oronoco, MN
The median home value in Oronoco, MN is $573,244 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.7% compared to a year ago and up 3.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Oronoco are priced40% above average. Oronoco is part of the Rochester, MN metro area.
Over the past five years, Oronoco home values have risen by approximately26.2%, reflecting strong long-term appreciation in this market.
Price History
Oronoco Home Price Trend
City Comparison
Oronoco vs. National Median
At $573,244, homes in Oronoco cost 40% above the national median of $410,000. Buyers in Oronoco should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Oronoco?
20% Down Payment
$114,649
on $573,244
Monthly P&I
$2,990/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,797/mo
incl. taxes & insurance
Income Needed
$151,880
gross annual (30% rule)
10% Down Option
$57,324
+ PMI applies
Loan Amount (20% dn)
$458,595
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Oronoco, MN?
The median home value in Oronoco is $573,244 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.7% year-over-year.
How much have home prices changed in Oronoco?
Over the past year, home values in Oronoco have increased by 4.7%. Over five years, prices have risen approximately 26.2%.
How much do I need to earn to buy a home in Oronoco?
To comfortably afford the median home price of $573,244 with a 20% down payment ($114,649) at today's rates (6.8%), you'd need a gross annual income of approximately $151,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Oronoco compare to the national average home price?
The national median home value is approximately $410,000. At $573,244, homes in Oronoco are 40% above the national average.
What metro area is Oronoco part of?
Oronoco is part of the Rochester, MN metropolitan area. Home prices and market conditions can vary across the broader metro region.