All Countries
Watertown, MN
Full City Profile · Minnesota · Carver County County
3.3
/5.0
B
Good
4,747
Population
1,805/sq mi density
$93,008
Median Income
$41,419 per capita
$315,200
Home Value
$370,563 Zillow
$967
Median Rent
23.1% income on rent
44°F
Avg Temperature
270 sunny days/yr
22
Violent Crime/100K
736 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$93,008 median income, 0.0% unemployment
A+
Affordability
4.8 / 5.0
$315,200 home value, $967/mo rent
F
Safety
1.0 / 5.0
22 violent crimes/100K
C+
Education
2.8 / 5.0
22.2% bachelor's degree or higher
Housing Overview
Median Home Value
$315,200
12% above
US avg: $281,900
Median Rent
$967/mo
17% below
US avg: $1,163/mo
Homeownership Rate
79.3%
21% above US avg (65.4%)
Total Housing Units
1,840
Median year built: 1990
Home Value by Source
Census Median
$315,200
Zillow (ZHVI)
$370,563
Median Sale Price
$412,700
Median List Price
$449,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
79.3%
Owner-Occupied
20.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent:
$967/mo
Market Indicators (Redfin)
Median Days on Market
18 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
37.5%
of listings with price reduction
Price Per Sq Ft
$160
Active Inventory
8
homes for sale
Affordability & Housing Stock
Rent Burden
23.1%
of renters spending 30%+ of income on housing
25% below US avg (31.0%)
Median Year Built
1990
Average age of housing stock: 36 years
Homeownership Rate
79.3%
Complete Housing Data
Home Values
| Census Median Value | $315,200 |
| Zillow Home Value (ZHVI) | $370,563 |
| Median Sale Price | $412,700 |
| Median List Price | $449,900 |
| Price Per Sq Ft | $160 |
Rent
| Census Median Rent | $967 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
| Days on Market | 18 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 37.5% |
| Homes Sold | 2 |
| Active Inventory | 8 |
| Price Per Sq Ft | $160 |
Ownership & Stock
| Owner-Occupied | 79.3% |
| Renter-Occupied | 20.7% |
| Homeownership Rate | 79.3% |
| Total Housing Units | 1,840 |
| Median Year Built | 1990 |
| Rent Burden | 23.1% |