Watertown, WI Real Estate

Nestled on the banks of the Rock River, Watertown is conveniently located between Milwaukee and Madison. It is a quaint town surrounded by beautiful farms and scenic farmland. But while Watertown is rooted in agriculture, it also has a solid industrial and commercial base – its new West Side Industrial Park is now up and running. The Wis-Pak/Pepsi packing plant and River City/Budweiser shipping plant are also both located in Watertown.

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Watertown is a great place to raise a family. Its public school system is top notch, employing only the best teachers and providing top notch education to the students. In addition to its public school system, Watertown also offers a wide variety of Parochial Schools from elementary to college. Its collegiate offerings boast the fine Watertown campus of Madison Area Technical College. Watertown is also proud to have founded the first kindergarten, an educational system brought to the United States by one the city’s German immigrants in 1856.

There is a Watertown transit system which offers residents a reasonably priced option for transportation within the city limits. It provides curb to curb services with cars, vans and small buses. Handicap accessible vehicles are also available. For youth, a “corner service” is available for pick ups and drop offs at pre-designated corners within Watertown.

Watertown offers various activities for residents to partake in. As the name suggests, the city’s abundance of water provides fun for everybody. Fishing, canoeing and boating are some of the more popular activities in the area. Watertown also has two 18-hole golf courses and an extensive park system consisting of numerous neighborhood parks and three large community parks. And in the winter months, the city accommodates locals with two ice rinks and cross country ski trails.

Every year, Watertown hosts Riverfest, a four-day festival at Riverside Park that is completely based on volunteer effort. It attracts over 35,000 people to Watertown and features live music, a carnival, food, 5k runs, raft races and much more.
Architecturally significant, Watertown features the historic eight-sided home. Known as the “Octagon House,” the home is one of Wisconsin’s most popular landmarks. It is a 57-room house that features a long spiral staircase and an ingenious cistern system. A treasure of the city, the “Octagon House” carries a bit of Watertown History.

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Watertown was first explored in 1836 due to its valuable rapids and springs. It is formerly known as Johnson’s Rapids (named after its first settler Timothy Johnson) and was at one time the second largest city in Wisconsin.

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Watertown properties for sale

Schools
  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Douglas Elementary School (Watertown) Watertown Unified School District public 533 Not Provided Douglas Elementary School GreatSchools Rating
Lebanon Elementary School (Watertown) Watertown Unified School District public 59 Not Provided Lebanon Elementary School GreatSchools Rating
Lincoln Elementary School (Watertown) Watertown Unified School District public 173 Not Provided Lincoln Elementary School GreatSchools Rating
Schurz Elementary School (Watertown) Watertown Unified School District public 328 Not Provided Schurz Elementary School GreatSchools Rating
St Bernard School (Watertown) private 154 Not Provided St Bernard School GreatSchools Rating
Trinity-St Lukes Lutheran Elementary School (Watertown) private 0 Not Provided Trinity-St Lukes Lutheran Elementary School GreatSchools Rating
Watertown 4 Kids (Watertown) Watertown Unified School District public 246 Not Provided Watertown 4 Kids GreatSchools Rating
Webster Elementary School (Watertown) Watertown Unified School District public 433 Not Provided Webster Elementary School GreatSchools Rating
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  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Calvary Baptist Christian School (Watertown) private 0 Not Provided Calvary Baptist Christian School GreatSchools Rating
Faith Lutheran School (Watertown) private 0 Not Provided Faith Lutheran School GreatSchools Rating
Good Shepherd Lutheran School (Watertown) private 114 Not Provided Good Shepherd Lutheran School GreatSchools Rating
Lebanon Lutheran School (Watertown) private 84 Not Provided Lebanon Lutheran School GreatSchools Rating
Riverside Middle School (Watertown) Watertown Unified School District public 799 Not Provided Riverside Middle School GreatSchools Rating
St Henry Catholic School (Watertown) private 128 Not Provided St Henry Catholic School GreatSchools Rating
St John's Lutheran School (Watertown) private 127 Not Provided St John's Lutheran School GreatSchools Rating
St Marks Lutheran School (Watertown) private 262 Not Provided St Marks Lutheran School GreatSchools Rating
Trinity-St Lukes Lutheran Middle School (Watertown) private 116 Not Provided Trinity-St Lukes Lutheran Middle School GreatSchools Rating
Trinity-St. Luke's Lutheran School (Watertown) private 82 Not Provided Trinity-St. Luke's Lutheran School GreatSchools Rating
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  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Endeavor Charter School (Watertown) Watertown Unified School District charter 0 Not Provided Endeavor Charter School GreatSchools Rating
Luther Preparatory School (Watertown) private 525 Not Provided Luther Preparatory School GreatSchools Rating
Maranatha Baptist Academy (Watertown) private 76 Not Provided Maranatha Baptist Academy GreatSchools Rating
Watertown High School (Watertown) Watertown Unified School District public 1293 Not Provided Watertown High School GreatSchools Rating
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Demographics

Population Demographics

  City County State
Total Population 31,580 90,978 5,742,119
Total Households 12,041 34,234 2,299,100
Total Families 8,086 22,871 1,469,281
Population Density 336 6,362 446,124
Percent Male 49% 52% 50%
Percent Female 51% 48% 50%
White Collar Jobs 53% 46% 56%
Blue Collar Jobs 47% 54% 44%

Top Occupations

Professions Population Employed
Manufacturing 3,745
Healthcare 3,741
Transportation 3,052
Retail 2,380
Sales 2,371
Education 1,773
Management 1,540
Natural Resources 1,407
Arts and Media 1,339
Information, Scientific and Technical 1,206

Male Female Breakdown

Population Age

White vs Blue Collar Jobs

Top Professions

Work Transportation Method

Household Income with Head of House hold under age of 25

Household Income with Head of House Hold between the ages of 25 and 44

Household Income with Head of House Hold between the ages of 45 and 64

Household Income with Head of Household over the age of 65

Housing Demographics

  City County State
Total Housing Units 13,031 38,245 2,641,602
Owner Occupied Housing Units 8,204 24,892 1,547,197
Renter Occupied Housing Units 3,829 9,366 751,903
Vacant Housing Units 998 3,989 342,513
Occupancy Rate 92% 90% 87%
Vehicles Per Housing Unit 4 44 1,563

Commute Time To Work

  City County State
Less than 5 minutes 1,192 3,618 124,926
5 - 14 minutes 5,801 10,233 374,755
15 - 29 minutes 3,965 7,405 450,221
30 - 44 minutes 2,185 4,988 291,395
45-59 minutes 1,254 3,122 152,657
Over 60 minutes 1,192 2,380 85,811

Total Housing Units

Housing By Occupant

Commute Time To Work

Monthly Rental Rates

Monthly Mortgage Costs

Age of Homeowners

Education Attainment

  City County State
Some High School 2,161 7,634 347,427
High School Graduate 7,700 25,929 1,239,522
Some College 4,749 13,970 817,979
Associates Degree 2,220 6,405 390,482
Bachelors Degree 2,931 7,384 713,854
Graduate Degree 1,477 2,713 261,896

Education Attainment


Market Conditions
Market Conditions for Watertown - September 2019 | Shorewest Realtors®
September 2019

Market Conditions for Watertown

Median Sale Price Graph

Median Sale Price

The median sale price for homes in September was $170,000. The median sales price for homes in September rose by $2,250 compared to last month. This represents a 1.34% increase from August. Compared to the same month last year, the median price of homes rose by $15,100 representing a 9.74% year-over-year change.

Homes for Sale Graph

Homes for Sale

The inventory of homes for sale rose by 2 in September to 70. This represents 2.94% increase from August when 68 homes were on the market. Compared to the same month last year when there were 74 homes for sale, the inventory of homes for sale has fallen by 4 representing a -5.4% year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Homes Sold Graph

Homes Sold

The 33 homes sold in September was 1 more than in August. This represents a 3.12% increase in sales from August. Compared to the same month last year, the number of homes sold increased by 8, a 32% year-over-year increase.

Homes sold is the total count of properties in the market area that have had a closed sale during the specified month as reported in the MLS systems operating within the market area.

Average Days on Market Graph

Avg Days on Market

The average days on market for a home sold in September (33) increased by 12 days compared to August. This represents a 57.14% increase in days on market for homes in the market from the previous month. Compared to the same month last year, the days on market for homes sold increased by 12, a 57.14% year-over-year change.

Average Days on Market is the time period between the date when a home is listed for sale in an MLS system and the date it is sold.

Sale/List Price Ratio

Sale/List Price Ratio

The Sale/List Price Ratio of 96.59% in September fell by 2.66% compared to August and decreased 2.2% compared to the same period last year.

Sale/List Price Ratio is the sale price of a listing divided by the original list price expressed as a percentage. The Sale/List Price Ratio for the market is determined by adding the Sale/List Price Ratio for each listing sold in the market during the month and dividing by the number of listings sold during the month.

New Homes Graph

New Homes

The number of homes listed in September (33) fell by 5 compared to August, a 13.15% change. Compared to September 2018, the number of new listings increased by 4, a 13.79% year-over-year change.

Newly Listed Homes are the total count of homes that have been listed within the market area during the most recent month, as reported in the MLS system(s) operating in the market area.

Median List Price Graph

Median List Price

The median list price in September was $179,900. The median list price for homes in September fell by ($42,500) compared to last month. This represents a 19.1% decrease from August. Compared to the same month last year, the median list price of homes increased $20,000 representing a 12.5% year-over-year increase.




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All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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