Watertown, Minnesota
Watertown Real Estate
Homes for sale, local facts and advice for buying or selling in Watertown, Carver County, from Huerkamp Home Group.
Key takeaways
What should you know about Watertown at a glance?
Watertown is a west metro city in Carver County, home to 4,774 people. Here's what the public numbers say.
- Population: 4,774 (Census 2024 estimate; +2.4% since 2020)
- Median home value: $337,200, 26% lower than the Carver County median (owner estimates, Census ACS)
- Median household income: $99,671, 21% lower than Carver County
- Homeownership: 82.9% of households own their home (Minnesota: 72.2%)
- Getting around: about 44 minutes to downtown Minneapolis and 54 minutes to MSP Airport in light traffic
- Schools: Watertown-Mayer Public School District covers about 100% of the city
Sources: US Census Bureau 2024 population estimates and 2020–2024 American Community Survey; drive times from OpenStreetMap routing.
For sale now
Where can I find Watertown homes for sale?
The newest Watertown listings, live from the NorthstarMLS. Open any home for photos, maps and saved-search alerts.
$249,900400 Mill Avenue N, Watertown, MN 55388MLS #7167245
Listing courtesy of Ferrell Real Estate Group Inc
Open Fri, Nov 6 · 10:30 PM–12 AM$349,900205 Franklin Avenue SW, Watertown, MN 55388MLS #7167225Listing courtesy of Coldwell Banker Realty
$369,900902 Poplar Lane, Watertown, MN 55388MLS #7139702Listing courtesy of Coldwell Banker Realty
$325,000675 Sienna Drive, Watertown, MN 55388MLS #7160735Listing courtesy of Edina Realty, Inc.
$325,000501 White Street SW, Watertown, MN 55388MLS #7157967Listing courtesy of Bridge Realty, LLC
$279,900704 Reo Road, Watertown, MN 55388MLS #7158092Listing courtesy of Coldwell Banker Realty
See all 40 Watertown homes for sale
- Under $200,000 12
- Under $250,000 15
- Under $300,000 21
- Under $350,000 24
- Under $400,000 28
- Under $450,000 32
- Under $500,000 37
- Under $600,000 39
- Under $700,000 40
- Under $800,000 40
- Under $1 million 40
- Under $1.5 million 40
- Under $2 million 40
- Single-family homes 33
- Condos 4
- Land and lots 3
- 3+ bedrooms 22
- 4+ bedrooms 9
- 5+ bedrooms 3
- New construction 23
Keller Williams Preferred Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Keller Williams Preferred Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Keller Williams Preferred Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
Keller Williams Preferred Realty participates in Regional MLS’s Broker Reciprocity℠ program, allowing us to display other brokers’ listings on our site. However, Keller Williams Preferred Realty displays only listings located in the Minnesota communities covered on this website. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Listing data last updated November 3, 2026 at 9:49 PM (Central). Use of listing data is subject to the license agreement. Open House information is subject to change without warning.
Listings from NorthstarMLS, updated every hour from 8 AM to 10 PM.
Recently sold
What did homes in Watertown sell for?
Homes sold in Watertown in the last 6 months, from NorthstarMLS.
See every Watertown sale on the map
This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
Keller Williams Preferred Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Keller Williams Preferred Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Keller Williams Preferred Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
Keller Williams Preferred Realty participates in Regional MLS’s Broker Reciprocity℠ program, allowing us to display other brokers’ listings on our site. However, Keller Williams Preferred Realty displays only listings located in the Minnesota communities covered on this website. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Use of listing data is subject to the license agreement. Open House information is subject to change without warning.
Stay ahead of the market
How can you get new Watertown listings first?
Tell us your price range and we'll email new Watertown listings that match. No spam, and you can unsubscribe anytime.
- Pick your price, beds and home type
- New listings emailed as they come on the market
- Questions answered by a local agent
Housing market · September 2026
Watertown home prices and sales
Over the 12 months through September 2026, the median sale price in Watertown was $375,000, up 5.6% from the year before, with 76 homes sold.
- Median sale price$375,000+5.6% vs. prior 12 months
- Homes sold76past 12 months
- Days on market64past 12 months
- Months of supply4.7end of September 2026
NorthstarMLS data via the Minneapolis Area REALTORS® Local Market Update, current as of October 7, 2026. Full Watertown market report
Living in
What's it like living in Watertown, MN?
The answer
Watertown is a west metro city, and it's about 44 minutes from downtown Minneapolis and 57 minutes from downtown Saint Paul in light traffic. 82.4% of its homes are single-family houses, the typical home was built around 1996, and 82.9% of households own their home.
Demographics · Watertown, MN
Who lives in Watertown?
According to the Census Bureau, Watertown's median household income is $99,671, 21% lower than the Carver County median (Carver County: $125,946). The median age is 33.3, 82.9% of households own their home and 22.5% of adults hold a bachelor's degree or higher.
US Census Bureau, American Community Survey 2020–2024 5-year estimates; population from 2024 estimates. Home values are owner estimates; values shown with “+” are the Census reporting cap.
Population trend
How fast is Watertown growing?
Watertown's population grew 2.4% between 2020 and 2024, from 4,664 to 4,774 residents, according to Census Bureau estimates.
US Census Bureau Vintage 2024 population estimates.
Show as a table
| Year | Residents |
|---|---|
| 2020 | 4,685 |
| 2021 | 4,819 |
| 2022 | 4,853 |
| 2023 | 4,800 |
| 2024 | 4,774 |
School planning
Which schools serve a Watertown address?
- Watertown-Mayer Public School Districtabout 100% of the city
Ask the district for the school assignment of the exact address for the year you'll enroll, since boundaries can change. Being near a school doesn't guarantee a spot, and charter and private schools set their own rules.
Minnesota Report Card (Department of Education)
District coverage: US Census Bureau 2024 school district boundaries.
Crime data
How can you check reported crime near a home?
Ask the police department that serves the address for its current reports, and compare places only across the same time period and offense definitions. Missing data doesn't mean zero crime, and a citywide number doesn't describe a particular street.
By ZIP code
What does Watertown look like by ZIP code?
ZIP 55388 covers most of Watertown.
| ZIP | Share of city | Median home value | Median household income | Homeowners | Listings |
|---|---|---|---|---|---|
| 55388 | 100% | $356,900 | $99,375 | 84.5% | Homes for sale |
ZIP code areas (ZCTAs) covering at least 5% of the city; values for the whole ZIP area, Census ACS 2020–2024.
Outdoor living
What lakes and water are in Watertown?
Watertown has little open water inside city limits, but lakes and regional parks are a short drive away.
No named lakes of 10 acres or more touch the city on Census maps.
Commute & transportation
How easy is getting around Watertown?
Watertown residents' average one-way commute is 26.2 minutes (Census ACS). 72.7% drive alone, 0.1% take public transit and 18.4% work from home.
Drive times from Watertown
- 44 minDowntown Minneapolis
- 57 minDowntown Saint Paul
- 54 minMSP Airport
- 51 minMall of America
- 48 minUniversity of Minnesota
Drive times: OSRM routing on OpenStreetMap data from the city's Census center point, light traffic. Rush hour takes longer.
Economy & jobs
Where do Watertown residents work?
The largest share of employed Watertown residents work in education, health care and social assistance (21.4%), followed by manufacturing (16.3%). The unemployment rate averaged 0% over 2020–2024 (Minnesota: 4.1%).
Census ACS 2020–2024, industry of employed residents 16 and older (C24050) and employment status (B23025).
- Education, health care and social assistance21.4%
- Manufacturing16.3%
- Construction14.3%
- Retail trade13%
- Arts, entertainment, recreation, lodging and food8.2%
- Professional, scientific and management services8.1%
City comparison
How does Watertown compare to St. Bonifacius, Minnetrista and Mayer?
The three communities with the shortest drive from Watertown, side by side.
| Metric | Watertown | St. Bonifacius | Minnetrista | Mayer |
|---|---|---|---|---|
| Population (2024) | 4,774 | 2,169 | 9,091 | 2,534 |
| Change since 2020 | +2.4% | -5.9% | +10.1% | +3.3% |
| Median home value | $337K | $356K | $658K | $343K |
| Median household income | $100K | $110K | $163K | $125K |
| Median gross rent | $927 | $1,270 | $3,500+ | $1,563 |
| Homeowners | 82.9% | 89.3% | 97.8% | 95.5% |
| Median age | 33.3 | 38.4 | 40.8 | 34.1 |
| Average commute | 26.2 min | 25.8 min | 26.6 min | 27.6 min |
| Drive to downtown Minneapolis | 44 min | 41 min | 42 min | 53 min |
Census 2024 estimates and ACS 2020–2024; drive times from OpenStreetMap routing.
Cost of ownership
What will a Watertown home cost you each month?
Enter the numbers for a specific home. The price starts at Watertown's Census median home value; the interest rate, property tax and insurance are yours to fill in from a lender quote, the county's tax statement and an insurance quote. This is an illustration, not a loan estimate.
Selling in Watertown
What's required to sell a home in Watertown?
We haven't confirmed a city pre-sale inspection for Watertown; check with the city before you list. Every Minnesota sale still includes the state disclosures: property condition, wells, septic systems, radon, lead paint for older homes and more.
Selling in Minnesota: every city's rules and the state disclosures · Estimate your net proceeds
Is Watertown right for you?
Who should buy a home in Watertown?
- Compare homes, not averages. Choose the space, layout and condition you need, and confirm it with an inspection.
- Try the drive. Test your commute at the times you'd actually travel.
- Check the schools for the address. Watertown-Mayer Public School District covers most of the city, but not all of it.
- Budget the whole payment. Include taxes, insurance, association dues and upkeep.
Planning a move
What should I verify before moving to Watertown?
- The property's current tax statement and homestead status from Carver County.
- Lender, insurance and utility quotes for the exact address, plus any association documents and special assessments.
- The seller's disclosures, including Minnesota's required radon and well disclosures.
- Whether the city requires a point-of-sale inspection or certificate (Minneapolis and Saint Paul, for example, require Truth-in-Sale-of-Housing reports).
- The school assignment for your enrollment year, confirmed with the district.
This weekend's open houses
Can you tour Watertown homes this weekend?
Found a Watertown home you like? We'll set up a private showing, usually within a day or two, or tell you when it has an open house.
Watertown FAQ
What do Watertown buyers most often ask?
What is the median home value in Watertown?
The Census Bureau's 2020–2024 American Community Survey puts the median value of owner-occupied homes in Watertown at $337,200, 26% lower than the Carver County median (Carver County: $453,600). These are owner estimates; for current asking prices, see the Watertown homes for sale in our home search.
How many people live in Watertown, MN?
About 4,774 people, according to the Census Bureau's 2024 estimate. The city grew by 2.4% between 2020 and 2024.
Which school district serves Watertown?
Watertown-Mayer Public School District (about 100% of the city). School assignment depends on the exact address, so confirm it with the district before you buy.
How far is Watertown from downtown Minneapolis?
About 44 minutes by car in light traffic, and about 57 minutes to downtown Saint Paul. Residents' average one-way commute is 26.2 minutes (Census ACS).
Is Watertown a good place to live?
It depends on what you need. Watertown has a median household income of $99,671, 82.9% homeownership and a 26.2-minute average commute. Visit at the times you'd normally drive, check the school assignment for the address, and compare total ownership costs before you decide.
What does it cost to rent in Watertown?
The median gross rent (rent plus utilities) is $927 a month, compared with $1,514 in Carver County (Census ACS 2020–2024).
What ZIP codes are in Watertown?
55388 covers most of the city. ZIP code areas and city limits don't match exactly, so check the city on the property record.
How long does it take to close on a home in Watertown?
Most financed purchases close about 30 to 45 days after an accepted offer, and cash purchases can close sooner. Your lender, the appraisal and the title company set the actual timeline.
Does Watertown require an inspection to sell a home?
We haven't confirmed a city inspection requirement for Watertown. Every Minnesota seller still owes the state disclosures (property condition, wells, septic, radon and more), and some counties require a septic inspection. Check with the city before you list.
Why Huerkamp Home Group
Why work with Huerkamp Home Group?
Ready to make a move?
Want to talk to a Watertown real estate expert?
Tell us your area, budget, timing and must-haves. We'll share current listings and recent sales, and explain how we'd represent you before you decide anything.
Explore nearby communities
Which communities are close to Watertown?
Drive times from Watertown in light traffic, with each community's Census median home value.