Market report, updated

Orono Market Report

Condo, Highrise, Single Family Residential, Townhome search in the county of Hennepin, in the city of Orono

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Report prepared by LakeMinnetonkaRealEstate.com
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Market at a glance

Over the last 6 months, homes sold for 97.4% of list price in 82 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $868K Sold · $982K
$4.9M$3.5M$2.1M$700K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 12 sales in Jun. Last month: 4.

Where the market stands

All homes in this report, by status.

106homes
Active43 · 41%
Under contract8 · 8%
Sold (6 mo)55 · 52%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

5.4months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$3.69M
Under contract$2.82M
Sold$1.42M

Average days on market

Active94 days
Under contract86 days
Sold82 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 43
Average list price $3,690,460
Avg. days on market 94 days
Avg. price per ft² $580
Avg. living area 5,653 ft²
Avg. beds / baths 4.7 / 5.3

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$15M$10M$5M$0

Price vs. living area: 43 homes plotted, up to $15M and 15,000 ft².

0 ft²5,00010,00015,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 7 homes in this status.

2425 N Shore Drive$1,591
1535 Bohns Point Road$1,414
3280 Fox Street$1,175
355 Stubbs Bay Road N$1,069
4485 N Shore Drive$1,013
940 N Arm Drive$982
475 Oxford Road$910

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
3280 Fox StreetOrono, MN 55356 8912,713$14,950,000$1,175230 days
1535 Bohns Point RoadOrono, MN 55391 699,541$13,495,000$1,41461 days
475 Oxford RoadOrono, MN 55356 81114,716$13,400,000$910120 days
2845 Little Orchard WayOrono, MN 55391 5811,529$10,000,000$867110 days
2425 N Shore DriveOrono, MN 55391 464,522$7,195,000$1,59165 days
1305 Shoreline DriveOrono, MN 55391 91112,524$6,995,000$558261 days
1065 Tonkawa RoadOrono, MN 55356 779,258$6,490,000$70193 days
425 Oxford RoadOrono, MN 55356 5810,505$5,995,000$57075 days
4485 N Shore DriveOrono, MN 55364 675,818$5,895,000$1,01353 days
4435 North Shore DriveOrono, MN 55364 565,938$5,195,000$87472 days
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.