Is Watertown, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$277,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Watertown was $277,000 in March 2024, up 6.5% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $170K | $126K | -25.9% |
2 Bedrooms | $185K | $240K | +29.7% |
3 Bedrooms | $253K | $267.4K | +5.7% |
4 Bedrooms | $310K | $300K | -3.2% |
5+ Bedrooms | $349.1K | $369K | +5.7% |
Summary: Watertown housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.9%, 2 bedroom homes increased by 29.7%, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 5.7%.
Median Sold Price Compared To Nearby Cities
Watertown | $260K | $277K | +6.5% |
Watertown | $259.9K | $275K | +5.8% |
Housing Supply in Watertown, WI
How many homes are available in Watertown, WI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
47 | 53 | +12.8% |
Summary: The Watertown real estate market had 53 homes for sale in March 2024, a 12.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 9 | 14 | +55.6% |
3 Bedrooms | 21 | 16 | -23.8% |
4 Bedrooms | 14 | 19 | +35.7% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Watertown housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 55.6%, 3 bedroom homes decreased by 23.8%, 4 bedroom homes increased by 35.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 13 | -38.1% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Watertown in March 2024, down by 38.1% month-over-month. Of the 13 sold homes, 0% were sold under asking, 31% were sold at asking, and 69% were sold over asking.
Days on Market for Watertown, WI
We’re sorry, we don't have information for this market at the moment