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WATERTOWN, WI 53098

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The WATERTOWN, WI real estate market (53098) currently shows 21 active listings, with 10 pending sales. Homes are averaging 38 days on the market before going under contract.

Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 38 days on market compared to 32 days last year.

The median listing price has risen 3.1% year-over-year, from $272,400 to $280,725.

Whether you are buying or selling in WATERTOWN, WI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 11,586  ·  Density: 44.0/mi²  ·  Median household income: $68,618

Typical home value: $232,933  ·  Homeownership: 69.1%

Market Overview

Active Listings
21
⇧ 75% vs 12 last year
Pending
10
48% pending ratio
Median Price
$280,725
⇧ 3.1% vs $272,400 last year
Average Price
$332,189
⇩ 47.2% vs $629,430 last year
Days on Market
38
⇧ 18.8% vs 32 days last year

Price Per Square Foot

Median $/sqft
$187
⇧ 23% vs $152/sqft last year
Median Home Size
1,670 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 21 this year vs 12 last year
  • Days on market: 38 now vs 32 last year

Median & Average Pricing

Year over Year
  • Median: $280,725 (+3.1% YoY)
  • Average: $332,189 (-47.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.8 miles — 278 listings ($160,207,807 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
53098Watertown, WI 530980.0 mi20$9,630,420$314,800$481,521
53034Hustisford, WI 530348.3 mi4$2,265,800$434,450$566,450
53579Reeseville, WI 535798.5 mi3$740,700$246,900$246,900
53059Neosho, WI 530599.7 mi1$490,000$490,000$490,000
53035Iron Ridge, WI 5303513.0 mi2$624,000$312,000$312,000
53594Waterloo, WI 5359413.7 mi10$3,637,210$363,750$363,721
53066Oconomowoc, WI 5306614.7 mi107$81,116,379$641,218$758,097
53916Beaver Dam, WI 5391615.9 mi48$21,245,040$350,000$442,605
53137Helenville, WI 5313717.1 mi2$1,190,000$595,000$595,000
53027Hartford, WI 5302717.8 mi47$25,813,951$428,525$549,233
53549Jefferson, WI 5354918.2 mi25$10,523,875$398,900$420,955
53922Burnett, WI 5392218.4 mi5$1,475,000$295,000$295,000
53050Mayville, WI 5305019.8 mi4$1,455,432$262,175$363,858

Frequently Asked Questions

How many homes are for sale in WATERTOWN, WI 53098?

As of March 2026, there are 21 active listings in WATERTOWN, WI (zip code 53098), compared to 12 the prior year.

What is the median home price in WATERTOWN, WI 53098?

The median listing price in WATERTOWN, WI 53098 is $280,725 as of March 2026, a 3.1% increase from $272,400 the prior year.

How long do homes stay on the market in WATERTOWN, WI?

Homes in WATERTOWN, WI 53098 spend an average of 38 days on the market before going under contract, compared to 32 days the prior year.

Is it a seller's or buyer's market in WATERTOWN, WI 53098?

Based on current inventory and days-on-market data as of March 2026, WATERTOWN, WI 53098 is currently a Buyer's Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 38 days on market compared to 32 days last year.

How much can I save on real estate commission in WATERTOWN, WI?

With SELL123.com's maximum 3% commission, sellers in WATERTOWN, WI 53098 save an estimated $5,615 compared to a typical 5% commission on the median listing price of $280,725. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.