Steele County is located in southern Minnesota and features a strong agricultural base complemented by the city of Owatonna, which offers broader amenities. Founded in 1855 and named after John E. Steele, the county has rolling farmland, small towns, and midsize city living. Housing is largely single-family homes in town, ranch-style homes, and new developments near Owatonna, as well as rural homes on acreage. The character is semi-urban around Owatonna, rural elsewhere. Average home values are around $290,000 to $310,000, according to recent data ($296,767 on average). Homes on large lots or with updated finishes may exceed $400,000. New construction is typically $300–$350 per sq ft, depending on lot size and workmanship. The county’s proximity to Rochester (~40 miles) and Minneapolis (~100 miles) gives access while keeping land costs moderate.