Active Listings
21
⇩ 4.5% vs 22 last year
Population: 5,997 · Density: 61.5/mi² · Median household income: $96,198
Typical home value: $305,003 · Homeownership: 83.9%
Data as of January 2026. Source: Realtor.com.
The WATERTOWN, MN real estate market (55388) currently shows 21 active listings, with 2 pending sales. Homes are averaging 99 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 99 days on market compared to 253 days last year.
The median listing price has fallen 0.4% year-over-year, from $426,775 to $424,900.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 55388 | Watertown, MN 55388 | 0.0 mi | 21 | $9,154,551 | $424,900 | $435,931 |
| 55328 | Delano, MN 55328 | 6.0 mi | 68 | $50,289,400 | $500,000 | $739,550 |
| 55363 | Montrose, MN 55363 | 7.2 mi | 30 | $11,059,170 | $396,900 | $368,639 |
| 55367 | New Germany, MN 55367 | 7.4 mi | 2 | $1,950,000 | $975,000 | $975,000 |
| 55364 | Mound, MN 55364 | 8.5 mi | 57 | $60,323,955 | $492,500 | $1,058,315 |
| 55390 | Waverly, MN 55390 | 10.4 mi | 20 | $8,451,660 | $374,900 | $422,583 |
| 55384 | Spring Park, MN 55384 | 10.6 mi | 13 | $10,657,400 | $555,000 | $819,800 |
| 55373 | Rockford, MN 55373 | 11.3 mi | 20 | $10,827,140 | $438,510 | $541,357 |
| 55331 | Excelsior, MN 55331 | 12.2 mi | 107 | $242,654,386 | $1,695,000 | $2,267,798 |
| 55356 | Long Lake, MN 55356 | 13.1 mi | 27 | $47,930,724 | $649,900 | $1,775,212 |
| 55357 | Loretto, MN 55357 | 13.8 mi | 7 | $7,757,806 | $899,900 | $1,108,258 |
| 55368 | Norwood Young America, MN 55368 | 14.3 mi | 4 | $3,707,680 | $399,900 | $926,920 |
| 55370 | Plato, MN 55370 | 15.0 mi | 1 | $659,900 | $659,900 | $659,900 |
As of January 2026, there are 21 active listings in WATERTOWN, MN (zip code 55388), compared to 22 the prior year.
The median listing price in WATERTOWN, MN 55388 is $424,900 as of January 2026, a 0.4% decrease from $426,775 the prior year.
Homes in WATERTOWN, MN 55388 spend an average of 99 days on the market before going under contract, compared to 253 days the prior year.
Based on current inventory and days-on-market data as of January 2026, WATERTOWN, MN 55388 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 99 days on market compared to 253 days last year.
With SELL123.com's maximum 3% commission, sellers in WATERTOWN, MN 55388 save an estimated $8,498 compared to a typical 5% commission on the median listing price of $424,900. 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.