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Median sale price
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ZIP 55388 in Watertown, MN: housing market trends

The median home sale price in ZIP 55388 in Watertown, MN was $391,385 for the three-month period ending September 2026. Sale prices were 8.7% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$391,385
three-month period ending September 2026
Median sale price per sq ft
$186.75
three-month period ending September 2026
Active listings
54
three-month period ending September 2026
Typical monthly rent
Unavailable
Rent index · unavailable date

How is housing inventory changing?

There were 54 active listings for the three-month period ending September 2026. Active listings were 50.0% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 38 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 55388 in Watertown, MN
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$391,385$186.7533
Single-familySeptember 2026$389,902$186.9730
TownhousesSeptember 2026$504,001$137.263 · small sample
Condos / co-opsSeptember 2026UnavailableUnavailableUnavailable
Multifamily (2–4 units)September 2026UnavailableUnavailableUnavailable

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 55388 in Watertown, MN
MarketMedian sale priceReporting period / source
Watertown, MN$391,3143 months ending September 2026 · Redfin
Mayer, MN$379,8193 months ending September 2026 · Redfin
Delano, MN$421,4893 months ending September 2026 · Redfin
Minnetrista, MN$733,3233 months ending September 2026 · Redfin
Saint Bonifacius, MNUnavailableMonth ending unavailable date · Zillow
Independence, MN$955,5453 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 55388 in Watertown, MN
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$391,385$186.7554
August 2026$396,000$191.0249
July 2026$405,000$195.0149
June 2026$410,000$188.8147
May 2026$381,250$169.2040
April 2026$370,000$168.1245
March 2026$377,000$168.3436
February 2026$345,500$197.0733
January 2026$290,500$193.8830
December 2025$335,000$174.4926
November 2025$342,500$170.0432
October 2025$370,000$174.0937
September 2025$360,000$185.0336
August 2025$370,000$177.3031
July 2025$359,000$178.7426
June 2025$373,500$181.4927
May 2025$363,500$188.9733
April 2025$302,700$153.5032
March 2025$287,350$165.0534
February 2025$308,850$179.1329
January 2025$365,000$229.0627
December 2024$358,000$183.2524
November 2024$390,000$180.8330
October 2024$380,000$172.1633

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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