Housing in Watertown, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — December 2025Median Sale Price
$290,500
Median List Price
$435,194
Price Per Sq Ft
$210
Days on Market
30
Active Inventory
8
Months of Supply
1.3
Seller's market
Zillow Home Value
$363,693
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
16.7%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
99.7%
Buyer's market
Market Activity
Source: RedfinHomes Sold
6
New Listings
2
Pending Sales
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$210
Median List $/SF
$186
Watertown vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Watertown is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$315,200
Median Rent
$967
Total Housing Units
1,877
Vacancy Rate
3.6%
Owner Occupied
79.3%
Renter Occupied
20.7%
Median Property Tax
$3,402
per year
Monthly Cost (w/ Mortgage)
$1,651
Housing Types
The current median sale price in Watertown, MN is $290,500 according to Redfin data. Homes spend a median of 30 days on the market. 16.7% of homes sold above asking price. The market has 1.3 months of supply. The median price per square foot is $210. The median rent is $967 per month (Census ACS). About 79.3% of housing units are owner-occupied. The median year homes were built is 1995. There are 1,877 total housing units.