Watertown township in Minnesota has a median housing value of $464,500, which is significantly higher than the US median housing value of $338,100. This could be due to local demand or simply a superior location that increases the cost of housing. Despite this, the 1 year house appreciation rate in Watertown township was lower than the US average at 6.82%, as opposed to 8.27%. Nonetheless, this still makes it an attractive area for investment and adds to its appeal as a desirable place to live and work.
The median home cost in Watertown township is $464,500. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Watertown township is up 11.0%.
Average Age of Homes
- The median age of Watertown township real estate is 41 years old
The Rental Market in Watertown township
- Renters make up 6.0% of the Watertown township population
- 2.8% of houses and apartments in Watertown township, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.