Median home value in zip code 55388 (Watertown, MN) is $375,502, up 1.4% year over year. Part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area.

Home Value$375,502

YoY Change

+1.4%

Prices rising — worse for buyers.

Affordability

Enter your income for 55388 (Watertown).

Income (annual)

Down Payment

$75,100 on $375,502

Example: $75,000 household income. Change it above to see your own.

Out of reach38.7% of income

Need $103,629/yr to afford.

PITI$2,418

P/I38.7%

Afford$272K

Gap-$104K

P&I $1,899Tax $369Ins $150

6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

55388 is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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