Active Listings
37
⇧ 37% vs 27 last year
Data as of September 2026. Source: Realtor.com.
The WATERTOWN, MN real estate market (55388) currently shows 37 active listings, with 7 pending sales. Homes are averaging 49 days on the market before going under contract.
Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.
Homes are selling faster, averaging 49 days on market compared to 57 days last year.
The median listing price has risen 0.8% year-over-year, from $410,325 to $413,425.
Population: 5,997 · Density: 61.5/mi² · Median household income: $96,198
Typical home value: $305,003 · Homeownership: 83.9%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 55388 | Watertown, MN 55388 | 0.0 mi | 30 | $13,791,030 | $421,900 | $459,701 |
| 55328 | Delano, MN 55328 | 6.0 mi | 73 | $49,944,337 | $482,248 | $684,169 |
| 55363 | Montrose, MN 55363 | 7.2 mi | 28 | $10,499,720 | $394,924 | $374,990 |
| 55367 | New Germany, MN 55367 | 7.4 mi | 3 | $2,124,924 | $784,975 | $708,308 |
| 55364 | Mound, MN 55364 | 8.5 mi | 68 | $72,876,484 | $489,975 | $1,071,713 |
| 55390 | Waverly, MN 55390 | 10.4 mi | 24 | $11,802,792 | $379,675 | $491,783 |
| 55384 | Spring Park, MN 55384 | 10.6 mi | 13 | $10,432,734 | $550,000 | $802,518 |
| 55373 | Rockford, MN 55373 | 11.3 mi | 19 | $9,410,130 | $435,480 | $495,270 |
| 55331 | Excelsior, MN 55331 | 12.2 mi | 124 | $286,156,412 | $1,740,239 | $2,307,713 |
| 55356 | Long Lake, MN 55356 | 13.1 mi | 26 | $47,349,822 | $1,024,175 | $1,821,147 |
| 55357 | Loretto, MN 55357 | 13.8 mi | 9 | $9,603,009 | $887,250 | $1,067,001 |
| 55368 | Norwood Young America, MN 55368 | 14.3 mi | 5 | $5,957,020 | $1,012,450 | $1,191,404 |
| 55370 | Plato, MN 55370 | 15.0 mi | 2 | $450,000 | $225,000 | $225,000 |
As of September 2026, there are 37 active listings in WATERTOWN, MN (zip code 55388), compared to 27 the prior year.
The median listing price in WATERTOWN, MN 55388 is $413,425 as of September 2026, a 0.8% increase from $410,325 the prior year.
Homes in WATERTOWN, MN 55388 spend an average of 49 days on the market before going under contract, compared to 57 days the prior year.
Based on current inventory and days-on-market data as of September 2026, WATERTOWN, MN 55388 is currently a Balanced Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are selling faster, averaging 49 days on market compared to 57 days last year.
With SELL123.com's maximum 3% commission, sellers in WATERTOWN, MN 55388 save an estimated $8,269 compared to a typical 5% commission on the median listing price of $413,425. 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.