Is Watertown, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Watertown has remained a Seller's Market.
Housing Prices in Watertown, WI
How much do homes in Watertown, WI cost?
Median Sold Price
$280,000
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Watertown was $280,000 in May 2024, up 3.7% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $170K | $126K | -25.9% |
2 Bedrooms | $195K | $240K | +23.1% |
3 Bedrooms | $250K | $280K | +12.0% |
4 Bedrooms | $320.5K | $315.2K | -1.6% |
5+ Bedrooms | $350K | $345.5K | -1.3% |
Summary: Watertown housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.9%, 2 bedroom homes increased by 23.1%, 3 bedroom homes increased by 12%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes decreased by 1.3%.
Median Sold Price Compared To Nearby Cities
Watertown | $265.4K | $280K | +5.5% |
Watertown | $270K | $280K | +3.7% |
Housing Supply in Watertown, WI
How many homes are available in Watertown, WI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
61 | 72 | +18.0% |
Summary: The Watertown real estate market had 72 homes for sale in May 2024, a 18.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 12 | 13 | +8.3% |
3 Bedrooms | 25 | 34 | +36.0% |
4 Bedrooms | 20 | 17 | -15.0% |
5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The Watertown housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 36%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 17 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Watertown in May 2024, the same as the previous month. Of the 17 sold homes, 18% were sold under asking, 12% were sold at asking, and 71% were sold over asking.
Days on Market for Watertown, WI
We’re sorry, we don't have information for this market at the moment