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MN area data

Watertown, MN

Watertown, MN.

Population: 5,893 (Census ACS)

The median home value in Watertown, MN is $388,700 — up 2.2% over the past year. Homes sell for a median $381,250 after a median 23 days on market. 5 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with strongwind, coldwave, hail the top-rated hazards. Cost of living is 2.5% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$388,700

Median home value

+2.2%

1-year change

23

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Median home value
$388,700
1-year appreciation
+2.2%
3-year appreciation
+3.3%
5-year appreciation
+12.0%
10-year appreciation
+58.8%
All-time peak (2026-04)
$389,760
House Price Index (state)
429.3 (+3.3% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$381,250
Median list price
$405,000
Median price per sqft
$169
1-year sale-price change
+4.9%
Median days on market
23 days
Homes sold (recent period)
24
For-sale inventory
26
Sale-to-list ratio
99.9%
Active listings
15
1-year forecast
-0.2%
New listings (monthly)
10

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$754/mo
1BR fair-market rent
$943/mo
2BR fair-market rent
$1,176/mo
3BR fair-market rent
$1,529/mo
4BR fair-market rent
$1,764/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Average)
97.5 (100 = US avg)
Electricity rate (state-level)
15.8¢/kWh
Natural gas rate (state-level)
$11.00/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
5
Elementary schools
1
Middle schools
1
High schools
2
Schools include
WATERTOWN-MAYER MIDDLE, WATERTOWN MAYER HIGH, Watertown-Mayer Cmty Learning Cntr, WATERTOWN-MAYER ELEMENTARY SCHOOL, WM - Connections

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
strongWind, coldWave, hail, iceStorm, tornado
Notable hazard ratings (county)
coldWave: Relatively Moderate · drought: Relatively Low · hail: Relatively Moderate · heatWave: Relatively Low · iceStorm: Relatively Moderate · inlandFlooding: Relatively Low
FEMA flood zone
A15
Flood risk level
High
Wildfire risk to homes (county)
Higher than 22% of US counties
Buildings in wildfire direct-exposure zone
33.8%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Spring Park Municipal Well Field (10.2 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
45.0°F
Average high
55.0°F
Average low
35.0°F
USDA plant hardiness zone
4b (extreme annual low -25 to -20°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Walkability & transit

Walkability index
9.0 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
41,851
Jobs reachable by transit (45 min)
37,580

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
1
Nearest national park
Mississippi National River & Recreation Area (36 mi)
Airports within 30 mi
21
Nearest airport
Schumacher Airport (5 mi)
Nearest major airport
Minneapolis–Saint Paul International Airport / Wold–Chamberlain Field (MSP) (31 mi)
Hospitals nearby (~15 mi)
3
Hospitals include
RIDGEVIEW MEDICAL CENTER, BUFFALO HOSPITAL, GLENCOE REGIONAL HEALTH
Avg hospital rating (CMS)
5.0 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+370 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,992
Housing built before 1970
31.3%
Housing built 2000 or later
38.3%
Median annual property tax
$3,542
Mean commute to work
22 min
Households with broadband internet
76.9%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
36,456
Average weekly wage
$1,300
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
662

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

WatertownState medianUS median
Median home value$388,700$304,931$289,727
Median sale price$381,250$315,500$325,000
Median days on market23 days39 days51 days
Median annual property tax$3,542$2,128$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Watertown, MN?
$388,700.
What is the median sale price in Watertown, MN?
$381,250.
How long do homes take to sell in Watertown, MN?
Median days on market: 23 days.
What is typical rent in Watertown, MN?
2-bedroom fair-market rent: $1,176/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Watertown, MN?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: strongWind, coldWave, hail, iceStorm, tornado.
Is Watertown, MN in a flood zone?
High (FEMA NFIP). FEMA flood zone A15.
What is the wildfire risk in Watertown, MN?
Risk to homes is higher than 22% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Watertown, MN?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Watertown, MN?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Watertown, MN?
5 schools (1 elementary, 1 middle, 2 high) (NCES, 2022-23).
Is Watertown, MN walkable?
Walkability index: 9.0/20 (EPA Smart Location Database).
What is the cost of living in Watertown, MN?
Regional Price Parity: 97.5 (100 = US average) (Average) (BEA RPP, metro/state-level).

ZIP code for Watertown

Selling a home in Watertown, MN?

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents