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Watertown, WI Real Estate


According to census data in the year 2000 there were 8,325 housing units in Watertown. This represents a 18.8% growth from 7,009 in 1990.

Of those housing units, 8,201 were located in either urbanized areas or urban clusters, and 124 were located in what is classified as a rural area.

Homeownership rate in Watertown is about 63.7%. Watertown's vacancy rate, including seasonal lodging, is about 3.7%. Average household size is 2.55 people.

The majority of houses, apartments or condos in Watertown were built after 1961.

Statistics

Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom10.30%
Two Bedrooms29.90%
Three Bedrooms45.70%
Four Bedrooms10.80%
Five Bedrooms or more2.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.74
Median year structure was built1956
Median Value of occupied units$110,200
Median Price asked for vacant units$165,000

Rented Homes, Apartments and Condos

Average Household Size2.22
Median year structure was built1970
Median Monthly Rent asked for vacant units$492

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.90%
Home Equity Loan15.70%
Simple Mortgage47.90%
Debt Free29.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs20.1%