Housing in Waterville, MN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$340,000

Median List Price

$220,000

Price Per Sq Ft

$125

Days on Market

116

Active Inventory

9

Months of Supply

9.0

Buyer's market

Zillow Home Value

$307,197

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 126.7%List Price 37.0%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

98.6%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
11.1%

Market Activity

Source: Redfin

Homes Sold

1

New Listings

1

Pending Sales

1

Homes Sold 66.7%New Listings 50.0%Pending 83.3%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$125

Median List $/SF

$176

Sale $/SF 5.0%List $/SF 21.8%Mar 24Jan 26

Waterville vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Waterville 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

$216,700

Median Rent

$835

Total Housing Units

1,008

Vacancy Rate

16.2%

Owner Occupied

76.7%

Renter Occupied

23.3%

Median Property Tax

$2,413

per year

Monthly Cost (w/ Mortgage)

$1,274

Housing Types

Single Family
77.2%
Multi-Family
19.8%
Mobile Home
3.0%

The current median sale price in Waterville, MN is $340,000 according to Redfin data. Homes spend a median of 116 days on the market. 0.0% of homes sold above asking price. The market has 9.0 months of supply. The median price per square foot is $125. The median rent is $835 per month (Census ACS). About 76.7% of housing units are owner-occupied. The median year homes were built is 1967. There are 1,008 total housing units.