$3,205 Closing Credit*
$269,900
1,120 SqFt
3 Beds
•1 Full Bath
#1901956, Nadine Booth, Listing Office: Redefined Realty Advisors LLC
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
$295,000
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$32,000(+12.2%)
Key Takeaway
Homes in Watertown have sold for 12.2% more than they did a year ago.
Summary: The median home sold price in Watertown was $295,000 in November 2024, up 12.2% 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 | $294.2K | $334.5K | +13.7% |
| 5+ Bedrooms | $369K | $340K | -7.9% |
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 13.7%, and 5+ bedroom homes decreased by 7.9%.
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 |
|---|---|---|
| 79 | 86 | +8.9% |
Summary: The Watertown real estate market had 86 homes for sale in November 2024, a 8.9% 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 | 38 | 44 | +15.8% |
| 4 Bedrooms | 26 | 27 | +3.8% |
| 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 15.8%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 28 | +100.0% |
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 100.0% 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
