Watertown Homes under $400,000

Welcome to Watertown, Wisconsin – a charming city that beautifully balances small-town charm with modern amenities. Nestled between the scenic banks of the Rock River, Watertown boasts a rich history and a vibrant community spirit that make it an ideal place to call home. With its picturesque parks, historic downtown, and friendly neighborhoods, Watertown offers a welcoming atmosphere for families, young professionals, and retirees alike.

One of the most appealing aspects of Watertown is its affordability. For those seeking their dream home without breaking the bank, you’ll be pleased to discover an array of beautiful homes available for under $400,000. Whether you’re looking for a cozy bungalow, a spacious family home, or a contemporary townhouse, Watertown has something to suit every taste and budget. This affordability allows residents to enjoy a higher quality of life, with access to excellent schools, local shops, and recreational activities, all while maintaining a comfortable mortgage.

Additionally, Watertown's strategic location provides easy access to larger cities like Milwaukee and Madison, making it perfect for commuters who appreciate the tranquility of small-town living yet desire proximity to urban conveniences. With a strong sense of community, numerous local events, and a commitment to preserving its historical roots, Watertown is not just a place to live; it’s a place to thrive.

Explore the charming homes under $400,000 in Watertown today, and discover why so many are choosing to make this delightful city their forever home!

Newest Watertown Homes under $400,000

$224,900

2 Beds ⋅ 1 Baths

OWN FOR LESS THAN YOU'RE CURRENT RENT WITH A BRAND NEW ROOF IN 2026? THIS PROPERTY IS A NO BRAINER! Don't let the square footage fool you, this property has everything you need! A spacious, sun-splashed living room, the kitchen, and the dining area with a view to your fenced in backyard anchor the main floor. The lower level provides a plethora of opportunities to suit a variety of needs. Outside you can enjoy fall on your patio in your private backyard! Schedule your showing today before it's too late!

1513 S Ninth St, Watertown

Listing courtesy of Realty Executives Platinum.

$249,900

3 Beds ⋅ 1 Baths

Enjoy easy, low-maintenance living in this well-maintained side-by-side ranch condo, tucked away in a quaint neighborhood offering privacy and comfort. The inviting layout is complemented by a charming three-season sunroom, perfect for relaxing with your morning coffee or unwinding at the end of the day. Step outside to your private deck and backyard, providing a peaceful retreat to enjoy the outdoors. Abundant storage adds everyday convenience, while the lock-and-leave lifestyle makes travel a breeze. With easy access to commuting routes and everyday conveniences, this home offers an exceptional opportunity for comfortable living at an attractive price!

1205 Louisa St, Watertown

Listing courtesy of First Weber Inc - Delafield.

$379,900

4 Beds ⋅ 3 Baths

Check out this wonderful 2292 square foot colonial in a quiet neighborhood that is close to shopping, schools and parks! This house features 4 bedrooms, 3 full baths with 2 upstairs and one in the basement and a half bath on the main floor. The dining room has great size along with the living room that features a natural fireplace. The kitchen has newer stainless appliances and granite countertops. The basement is partially finished for extra room to ramble. Washer and dryer is located conveniently in the master bedroom bathroom. Schedule your showing today!

902 S 8th St, Watertown

Listing courtesy of EXP Realty, LLC~MKE.

$364,900

3 Beds ⋅ 2 Baths

NESTLED PEACEFULLY AT THE BACK OF A CUL-DE-SAC, THIS WELL-MAINTAINED RANCH HOME IS THE ONE YOU'VE BEEN WAITING FOR! Featuring 3 bedrooms, 2 full bathrooms, and a partially finished basement, this home offers comfortable living with plenty of room to fit your needs. Enjoy the convenience of single-level living, along with additional versatile space in the basement. With its inviting layout, peaceful setting, and ample storage, this home offers the perfect blend of comfort, convenience, and functionality!

1306 Davies Ct, Watertown

Listing courtesy of Realty Executives Platinum.

$309,900

2 Beds ⋅ 2 Baths

Every major detail has been taken care of, offering you ultimate peace of mind with a brand-new roof and a brand-new furnace. From the moment you step inside, you can feel how deeply this home has been well-loved and meticulously maintained over the years. It perfectly blends comfort, convenience, and worry-free living in a fantastic location, location, location! Additional details and interior photos coming soon!

624 Belmont Dr, Watertown

Listing courtesy of Realty Executives Platinum.

$200,000

2 Beds ⋅ 1 Baths

Why rent when you could own a place of your own--for less? This charming two-bedroom home at 401 S. Third Street offers an affordable opportunity to enjoy the convenience and character of downtown Watertown. Priced at $200,000, it is an ideal choice for a first-time buyer, downsizer or anyone looking for a comfortable home in a wonderfully walkable location. Leave the car at home and stroll to the historic Towne Cinema, Bentzin Family Town Square, the Watertown Public Library, parks, restaurants, shops and groceries. Cute, convenient and affordably priced, this home puts the best of downtown Watertown right outside your door!

401 S 3rd St, Watertown

Listing courtesy of The Real Estate Studio.

$310,000

4 Beds ⋅ 2 Baths

Your NextHome! Welcome to 117 Williams St. This inviting home offers comfortable living with an open concept living area designed for everyday enjoyment and entertaining. Featuring 4 bedrooms and 2 full baths, there is plenty of space to accommodate family, guests, or a home office. Outside, enjoy the benefits of a large lot with a deck that provides the perfect setting for entertaining, relaxing, and enjoying the outdoors. An oversized 2-car detached garage offers abundant space for vehicles, storage, hobbies, or workshop needs. Conveniently located. This property combines a spacious interior, generous outdoor space, and excellent garage capacity--making it a great place to call home.

117 William St, Watertown

Listing courtesy of NextHome Success-Ft Atkinson.

$389,900

3 Beds ⋅ 2 Baths

Welcome home to this move-in ready ranch on a quiet Watertown street! Offering 3 bedrooms, 2.5 bathrooms, and a spacious main level, plus a fully finished lower level with plenty of room for extra living, recreation, or storage. So many thoughtful updates throughout, this home is the definition of move-in ready! The attached 2 car garage adds everyday convenience, while the backyard is a true retreat: a large fenced yard with a patio for summer gatherings, a fire pit for cozy evenings, a storage shed for tools and toys, and a separately fenced garden area ready for your green thumb. Whether you're entertaining friends or enjoying a quiet morning outside, this home truly has it all. Schedule your showing today!

1520 Prospect St, Watertown

Listing courtesy of Realty Executives Integrity~Brookfield.

$215,000

4 Beds ⋅ 1 Baths

Rare opportunity to own 5.49 acres just within the city limits. The current home would need to be significantly remodeled both structurally and cosmetically. Another option is to build a new home. Finding a parcel with 5+ acres within the city limits is difficult to come by. Also listed as vacant land, see MLS #1983355.

1334 Boomer St, Watertown

Listing courtesy of Shorewest Realtors, Inc..

$349,900

3 Beds ⋅ 2 Baths

Solid brick home on a dead-end street with river frontage. Need I say more? Located close to downtown on a quiet street this stately brick home has a brand new 50-year warrantied roof! Spacious back yard with mature trees and roughly 78 feet of frontage on the rock river! 4 season room offering wood stove and patio doors to the back yard connect the 2-car garage to the home. The charm that the interior has to offer is unbelievable and how well it has been maintained is crazy. Seller made sure to keep the house updated but without losing it's over a century long charm. Hardwood floors everywhere but the bathrooms, main bedroom with wall of closets, central air, gas fireplace in living room & even 2nd floor laundry option. This one is definitely worth a look!

319 Elizabeth St, Watertown

Listing courtesy of RE/MAX Realty Center.

$309,900

3 Beds ⋅ 1 Baths

3 Bedroom 1 Bath Ranch with fenced in yard recently updated with New Roof 2026, New Furnace 2022 Main Garage Door 2026, gate 2026, newer windows 2023, bath remodel 2021 and partial kitchen remodel plus large patio 2023 for you to enjoy all seasons. And interior freshly painted. Hardwood floors, tile in kitchen.

210 N Monroe St, Watertown

Listing courtesy of Century 21 Endeavor.

$374,000

4 Beds ⋅ 2 Baths

Some homes just feel right, and this one is ready to welcome you. Tucked into a quiet, well-kept neighborhood, this 4-bedroom home offers the space, updates, and outdoor living you've been looking for. A NEW ROOF, FURNACE, and CENTRAL AIR add peace of mind, while the open kitchen, dining, and living areas create an easy flow for everyday life & entertaining. 3 bedrooms are on the main level, including a spacious primary suite with an ensuite bath. Out back, the 3-season room steals the show with its stamped-concrete floor flowing directly to a stamped-concrete patio. Your own spot for morning coffee, summer evenings, and weekend gatherings. Finished lower level (can also be used as a 4th bedroom), attached 2-car garage, and a spacious yard complete this home.

600 Brookstone Way, Watertown

Listing courtesy of Roots Realty, LLC.

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Source of listing data: Metro MLS. Copyright 2026 Multiple Listing Service, Inc. - All Rights Reserved. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Watertown Homes under $400,000

Newest Watertown Homes under $400,000

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