$4,868 Closing Credit*
$409,900
1,400 SqFt
3 Beds
•1 Full Bath
Listing Office: Keller Williams Integrity Realty
Is Watertown Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Watertown Township was a Seller's Market.
Key Takeaway
Watertown Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Watertown Township, MN
How much do homes in Watertown Township, MN cost?
Median Sold Price
$376,118
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$41,118(+12.3%)
Key Takeaway
Homes in Watertown Township have sold for 12.3% more than they did a year ago.
Summary: The median home sold price in Watertown Township was $376,118 in October 2024, up 12.3% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $165K | N/A |
| 2 Bedrooms | $265.9K | $250K | -6.0% |
| 3 Bedrooms | $305K | $372.4K | +22.1% |
| 4 Bedrooms | $370.5K | $378K | +2.0% |
| 5+ Bedrooms | $550K | $390K | -29.1% |
Summary: Watertown Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6%, 3 bedroom homes increased by 22.1%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 29.1%.
Median Sold Price Compared To Nearby Cities
| Watertown Township | $335K | $376.1K | +12.3% |
| Watertown | $332K | $372.4K | +12.2% |
| Minnetrista | $665.4K | $719K | +8.1% |
| Mayer | $353K | $375K | +6.2% |
Housing Supply in Watertown Township, MN
How many homes are available in Watertown Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 30 | -6.3% |
Summary: The Watertown Township real estate market had 30 homes for sale in October 2024, a 6.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 18 | 17 | -5.6% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Watertown Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 4 | -55.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Watertown Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Watertown Township in October 2024, down by 55.6% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Watertown Township, MN
How long does it take to sell a home in Watertown Township, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 22 Days | +10.7% |
Summary: Homes in Watertown Township had an average of 22 days on market in Oct 2024, up by 10.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Watertown Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Watertown Township; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
