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market report · 55388
Watertown, MN · 55388
16 active listings$404,950 median ask$2,628 est. rent0.6% price/rent
$404,950
Median list price
$2,628/mo
Estimated rent
0.6%
Price / rent ratio
16
Listings
FHFA home price index · 2016–2025
64.8% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.22
Median rent / sqft
15 comps
$184.86
Median sold / sqft
15 comps
—
Walkability
3.7%
Area unemployment
BLS LAUS
Median household income $99,375 · median home value $356,900 · ACS 2024.
Natural-hazard risk Relatively Moderate (FEMA NRI score 76).
5 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
705 Green Ave, Watertown, MN 55388
Watertown, MN
$229,900$1,947/mo0.8%
713 Nixon Ave, Watertown, MN 55388
Watertown, MN
$395,000$2,840/mo0.7%
620 Hillside Dr, Watertown, MN 55388
Watertown, MN
$315,000$2,254/mo0.7%
709 Nixon Ave, Watertown, MN 55388
Watertown, MN
$350,000$2,445/mo0.7%
1270 Knight Ln, Watertown, MN 55388
Watertown, MN
$515,000$3,555/mo0.7%
616 Jefferson Ave, Watertown, MN 55388
Watertown, MN
$290,000$1,998/mo0.7%