Data as of June 2026. Source: Realtor.com.
The WATERTOWN, MN real estate market (55388) currently shows 39 active listings, with 13 pending sales. Homes are averaging 48 days on the market before going under contract.
Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice.
Homes are selling faster, averaging 48 days on market compared to 114 days last year.
The median listing price has risen 6.3% year-over-year, from $410,200 to $436,150.
Whether you are buying or selling in WATERTOWN, MN, 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.
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 June 2026, there are 39 active listings in WATERTOWN, MN (zip code 55388), compared to 24 the prior year.
The median listing price in WATERTOWN, MN 55388 is $436,150 as of June 2026, a 6.3% increase from $410,200 the prior year.
Homes in WATERTOWN, MN 55388 spend an average of 48 days on the market before going under contract, compared to 114 days the prior year.
Based on current inventory and days-on-market data as of June 2026, WATERTOWN, MN 55388 is currently a Balanced Market. Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice. Homes are selling faster, averaging 48 days on market compared to 114 days last year.
With SELL123.com's maximum 3% commission, sellers in WATERTOWN, MN 55388 save an estimated $8,723 compared to a typical 5% commission on the median listing price of $436,150. 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.