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Watertown

Why you'd want to live in Watertown

Living in Watertown, Minnesota offers a relaxed small-town atmosphere combined with the convenience of being within commuting distance of the Twin Cities metro area. Situated in Carver County near the Crow River, Watertown appeals to those who enjoy scenic surroundings, outdoor recreation, and a pace of life that feels more personal and community-driven. The city is surrounded by farmland, parks, and trails, creating daily opportunities for walking, biking, and enjoying nature without traveling far. Watertown has been growing steadily, with newer housing developments complementing its historic core, which allows residents to enjoy modern amenities while preserving the town’s character. Local schools, community events, and neighborhood businesses foster strong local connections, while nearby cities such as Waconia and Chaska provide easy access to expanded shopping, dining, and employment options. For those seeking space, simplicity, and a strong sense of hometown identity with reasonable access to the Twin Cities, Watertown offers an appealing and well-balanced place to live.

Watertown Market Report

$366,060

AVERAGE PRICE OF 59 HOMES

$1,500,000

AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES

$362,239

AVERAGE PRICE OF 26 NEWLY BUILT HOMES

$399,900

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $366,060
Avg Bedrooms 2.15 beds
Avg Bathrooms 1.47 baths

Average Price by Bedrooms

1 bedroom $210,000
2 bedrooms $475,975
3 bedrooms $412,387
4 bedrooms $466,598
5 bedrooms $392,500
Watertown Home Price Trends
  4/2026 3/2026 2/2026 1/2026 12/2025
Total Listings 55 53 51 43 45
Average Price $368,592 $371,129 $362,964 $351,168 $342,115
Avg Price Change -0.69% +2.25% +3.36% +2.65% -1.26%
Median Price $375,085 $377,855 $375,869 $363,213 $330,483
Med Price Change -0.74% +0.53% +3.48% +9.90% +3.59%
Avg Bedrooms 2.08 beds 2.16 beds 2.05 beds 1.8 beds 1.74 beds
Avg Bathrooms 1.46 baths 1.54 baths 1.45 baths 1.21 baths 1.15 baths
Total Homes Average Price Avg Days on Site
All Homes 59 $366,060 232 days
Multi-Million Dollar Homes 1 $1,500,000 211 days
Newly Built Homes 26 $362,239 172 days
Reduced Price Homes 1 $399,900 32 days
Patty Zuzek Mn, Wi Broker
801 Cliff Rd E # 135
Burnsville, MN 55337
952-985-7253

Based on information submitted to the MLS GRID as of May 10, 2026 9 PM. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.
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