Find USDA Eligible Properties in Steele County


MN State Flag  Steele County Seal

Realtors in Steele browse list of realtors working in Steele County
Hey, are you a realtor interested in helping families find USDA eligible properties in Steele County?
Join the USDAProperties Realtor Network

Looking to buy in Steele County, Minnesota?


There are 849 USDA backed residential loans in Steele county with an average loan balance of $121945. Over 71% of the loans helped first time home buyers. Borrowers were an average age of 36 years old. The typical appraised home value was around $118745. On average the rural home size purchased with this loan was approximately 1210 SqFt. Alternate income limits exist to determine loan eligibility in Steele county. For a household of upto 4 people the income limit is $92600. For a household of between 5 and 8 people the income limit increases to $122250.

The size of Steele County is roughly 1119 square kilometers. There are no geographical USDA loan restrictions in this county. The influence score for Steele County is 7. Look below for the interactive county level map illustration below for more details.


Select from the list of cities below or use the search feature to find active property listings in a city where you would like to live.

Start your search for USDA loan eligible properties in the cities of Steele County, MN   Steele QR code
* cities most likely to have USDA loan eligible properties for sale.

Bixby   •   *Blooming Prairie   •   Clinton Falls   •   Deerfield   •   *Ellendale   •   Havana   •   Hope   •   Lemond   •   Litomysl   •   *Medford   •   Meriden   •   Merton   •   Moland   •   *Owatonna   •   Pratt   •   River Point   •   Saco   •   Steele Center   •   Summit   •   Union

A USDA loan is a mortgage option available to eligible homebuyers that is sponsored by the United States Department of Agriculture to promote homeownership in rural communities. USDA Loans, sometimes called "RD Loans," offer 100% financing options on eligible rural properties. USDAProperties can help you find USDA properties in Steele County.

Interested in the geographic boundaries that define USDA Loan eligibility?
View the detailed USDA boundaries and read about general conditions of
Steele County, Minnesota
USDA Boundary Details
.

Steele County, located in the great state of Minnesota, was established on February 20, 1855. It was named in honor of Franklin Steele, a prominent early settler, who played a significant role in developing the city of Minneapolis. The county covers a total area of 432 square miles and lies within the Southeastern part of Minnesota. Its county seat and largest city is Owatonna, which was founded in 1854.

In the early years, the region was predominantly populated by Native American tribes, particularly the Dakota people. The area later became an agricultural hub with fertile lands, attracting many Europeans to settle in various townships like Clinton Falls, Merton, and Havana in the late 19th century. Railroads further contributed to the development and growth of this county, with the rapid expansion of many industries.

A fun fact about Steele County is the presence of the National Farmers' Bank (now Wells Fargo), which was designed by architect Louis Sullivan. It is one of his "jewel-box" bank designs and is now considered a local landmark in the city of Owatonna.


Featured Cities of Minnesota
Pratt River_Point
Featured Properties from USDA Loan Eligible Regions of Steele County
768 SE 143rd St
Ellendale, MN

property photo

 

3173 118th St SE
Summit Township, MN

property photo

 

1880 Kenyon Rd
Owatonna, MN

property photo