Foreclosure Homes in Watertown, MN

Current Market Conditions in Watertown, MN

The real estate market in Watertown has been steadily growing, showing an increase in home values over the past few years. This trend is particularly noticeable among single-family homes, as more people seek to escape the congestion of larger cities and settle in more serene environments.

Investor interest in the area is on the rise, which has led to a tighter inventory. Additionally, the development of new housing projects is expected to facilitate further growth and attract new residents.

Rent Prices In Watertown, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Watertown, MN, is on a rollercoaster ride. The average rent price in Watertown, MN, is $1,699.00. Indeed, when looking to rent in Watertown, MN, you can expect to pay as little as $680.00 or as much as $3,260.00, with the average rent median estimated to be $1,630.00. The good news is that finding an affordable and desirable property to rent in Watertown, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.