Active Listings
30
⇧ 36.4% vs 22 last year
Data as of February 2026. Source: Realtor.com.
The WATERTOWN, MN real estate market (55388) currently shows 30 active listings, with 11 pending sales. Homes are averaging 23 days on the market before going under contract.
Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.
Homes are selling faster, averaging 23 days on market compared to 203 days last year.
The median listing price has risen 3.9% year-over-year, from $406,150 to $421,900.
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.
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 | 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 February 2026, there are 30 active listings in WATERTOWN, MN (zip code 55388), compared to 22 the prior year.
The median listing price in WATERTOWN, MN 55388 is $421,900 as of February 2026, a 3.9% increase from $406,150 the prior year.
Homes in WATERTOWN, MN 55388 spend an average of 23 days on the market before going under contract, compared to 203 days the prior year.
Based on current inventory and days-on-market data as of February 2026, WATERTOWN, MN 55388 is currently a Balanced Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are selling faster, averaging 23 days on market compared to 203 days last year.
With SELL123.com's maximum 3% commission, sellers in WATERTOWN, MN 55388 save an estimated $8,438 compared to a typical 5% commission on the median listing price of $421,900. 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.