$2,849 Closing Credit*
$239,900
1,378 SqFt
2 Beds
•2 Full Baths
#1990805, Josh Lamp, Listing Office: Berkshire Hathaway HomeServices True Realty
Is Watertown, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Watertown has remained a Seller's Market.
Key Takeaway
Watertown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Watertown, WI
How much do homes in Watertown, WI cost?
Median Sold Price
$297,666
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$37,666(+14.5%)
Key Takeaway
Homes in Watertown have sold for 14.5% more than they did a year ago.
Summary: The median home sold price in Watertown was $297,666 in November 2024, up 14.5% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $126K | $170.5K | +35.3% |
| 2 Bedrooms | $240K | $231.2K | -3.6% |
| 3 Bedrooms | $249.5K | $305K | +22.2% |
| 4 Bedrooms | $292.5K | $337.2K | +15.3% |
| 5+ Bedrooms | $372K | $340K | -8.6% |
Summary: Watertown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35.3%, 2 bedroom homes decreased by 3.6%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 15.3%, and 5+ bedroom homes decreased by 8.6%.
Median Sold Price Compared To Nearby Cities
| Watertown | $260K | $297.6K | +14.5% |
| Watertown | $263K | $295K | +12.2% |
Housing Supply in Watertown, WI
How many homes are available in Watertown, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 81 | 87 | +7.4% |
Summary: The Watertown real estate market had 87 homes for sale in November 2024, a 7.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 10 | 0.0% |
| 3 Bedrooms | 39 | 44 | +12.8% |
| 4 Bedrooms | 27 | 28 | +3.7% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Watertown housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 28 | +75.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Watertown, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.
Summary: A total of 28 homes were sold or pending in Watertown in November 2024, up by 75.0% month-over-month. Of the 28 sold homes, 21% were sold under asking, 36% were sold at asking, and 43% were sold over asking.
Days on Market for Watertown, WI
We’re sorry, we don't have information for this market at the moment
