Is Watertown, WI 53094 a buyer’s or seller’s market?

The Watertown housing market right now

In the three months ending August 31, 2026, 51% of homes in Watertown, WI 53094 sold above their list price, the typical home went under contract in 38 days and there were 1.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 80 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (52% then), homes sold more slowly (35 days then) and the median sale price rose 5% to $322,111. Overall, Watertown is about as competitive as it was a year ago.

Within Jefferson County, homes here sell faster than in 78% of the county’s ZIP codes, and sell more often over asking than in 78%. On our competition score, Watertown ranks #33 of 319 WI ZIP codes with enough sales (score 84 out of 100).

Nearby, buyers who want less competition could look at Lake Mills 53551 (28% sold over asking) or Waterloo 53594 (29% sold over asking), while Helenville 53137 (60% sold over asking) and Sullivan 53178 (57% sold over asking) are even more competitive.