Home prices
The median home in Watertown is valued at $208,300. This is roughly $136,560 (39%) lower in comparison to the surrounding areas.It is approximately $9,200 (4%) lower in comparison to the rest of the country, and it is roughly $43,300 (17%) lower in comparison to the city of Minneapolis.
Rents
The median monthly rent in Watertown is $694. This is approximately $923 (57%) lower compared to its nearby areas.It is roughly $368 (34%) lower in comparison to the entire nation, and it is roughly $333 (32%) lower compared to the city of Minneapolis.
Nearby places
Mayer
Mayer is roughly 5 miles southwest from Watertown. The housing prices there are somewhat more expensive. The median home in Mayer costs $232,400, which is $24,100 (10%) higher than Watertown. Its rents are a little more expensive. The median rent in Mayer is $986 a month, which comes out to $292 (29%) higher than Watertown.
St. Bonifacius
St. Bonifacius is about 5 miles southeast of Watertown. Housing prices there are a bit more expensive. The median home in St. Bonifacius costs $252,500, which comes out to $44,200 (17%) higher than Watertown. Its rents are significantly more expensive. The median rent in St. Bonifacius is $1,595 per month, which works out to $901 (56%) higher than Watertown.
Delano
Delano is roughly 5 miles northeast from Watertown. The real estate prices there are a bit more expensive. The median home in Delano costs $258,700, which is $50,400 (19%) higher than Watertown. Rents there are a bit more expensive. Delano's median monthly rent is $851, which comes out to $157 (18%) higher than Watertown.
Minnetrista
Minnetrista is approximately 5 miles east of Watertown. Housing prices there are significantly more expensive. The median home in Minnetrista costs $477,800, which comes out to $269,500 (56%) higher than Watertown. The rent there is substantially more expensive. In Minnetrista the median monthly rent is $3,016, which is $2,322 (76%) higher than Watertown.
Independence
Independence is about 6 miles northeast from Watertown. Its real estate prices are substantially more expensive. The median home in Independence costs $502,900, which is $294,600 (58%) higher than Watertown. Its rents are a lot more expensive. In Independence the median monthly rent is $1,637, which comes out to $943 (57%) higher than Watertown.
