Watertown Homes under $400,000

Welcome to Watertown, Wisconsin – a charming city that beautifully blends small-town warmth with vibrant community spirit. Nestled between the scenic banks of the Rock River and the picturesque countryside, Watertown offers a rich history, diverse culture, and a plethora of recreational opportunities, making it an ideal place to call home.

With its quaint downtown filled with unique shops, delightful eateries, and local art galleries, residents enjoy a lively atmosphere that fosters a strong sense of community. Outdoor enthusiasts will appreciate the numerous parks, walking trails, and the nearby wildlife areas, perfect for hiking, biking, or simply enjoying nature's beauty. The city also hosts a variety of events throughout the year, from farmers' markets to music festivals, ensuring there’s always something exciting happening.

For those seeking a new home, Watertown presents an impressive selection of properties under $400,000. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, you’ll find a range of options that cater to your needs and lifestyle. From charming single-family homes with spacious yards to modern townhouses in friendly neighborhoods, there’s something for everyone.

With its affordable housing market, excellent schools, and a welcoming atmosphere, Watertown is not just a place to live, but a place to thrive. Come explore the opportunities that await you in this delightful city, where your dream home is just around the corner!

Newest Watertown Homes under $400,000

$239,900

3 Beds ⋅ 1 Baths

Stop the car and take a look at this very reasonably priced 3 bedroom 1 bath ranch home! Nice large kitchen and living room with good sized 1 car garage. Newer windows throughout. Close to parks and schools. Do not pass this one up!

814 W Division St, Watertown

Listing courtesy of Coldwell Banker Realty.

$325,000

2 Beds ⋅ 1 Baths

Beautifully remodeled ranch with stylish updates throughout! Step inside to a modern dine-in kitchen with pantry, inviting living room, and spacious primary bedroom featuring two closets, including a walk-in, plus an electric fireplace for added comfort. The stunning main-level bathroom offers double sinks and a roomy walk-in shower. Enjoy even more living space in the finished lower level, complete with a large family room, versatile den/guest room, half bath, and plenty of storage. Outside, relax on the patio overlooking a tree-lined backyard offering wonderful privacy. Conveniently located near highway access, Riverside Park and the middle school, this move-in-ready home offers modern comfort, functional living space, and a location you'll love! Schedule your private showing today!

1062 Boughton St, Watertown

Listing courtesy of Realty Executives Platinum.

$335,000

3 Beds ⋅ 1 Baths

Located on the edge of Watertown, this well-maintained ranch offers an open floor plan, comfortable living spaces, and plenty of potential! Lovingly cared for by the original owners, this home features 3 bedrooms, 1.5 bathrooms, convenient main-floor laundry, and a relaxing three-season room. The HUGE unfinished basement provides endless possibilities for additional living space, recreation, hobbies, or storage. Need room for projects? You'll love the heated garage workshop! Enjoy a convenient location near Berres Brothers Coffee, shopping, restaurants, and parks. With a history of thoughtful care and the opportunity to add your personal style, this home is ready for its next chapter!

412 Terry Ln, Watertown

Listing courtesy of RE/MAX Preferred-Delafield.

$399,900

3 Beds ⋅ 2 Baths

NEW CONSTRUCTION - Move-in ready February 2027! Welcome to the McKinley, a 3-bedroom, 2-bath ranch with an open-concept layout and 3-car garage. The great room features a box tray ceiling and corner gas fireplace, while the kitchen offers a large island and pantry. The primary suite includes a private bath with double-bowl vanity, and oversized walk-in closet. Two additional bedrooms, full bath, and first-floor laundry complete the main level. The basement features a bathroom rough-in, offering potential for future finished space. Don't miss this opportunity to own a beautiful new construction home!!

768 Johnson Ct, Watertown

Listing courtesy of Harbor Homes Inc.

$289,900

3 Beds ⋅ 1 Baths

Fall in love with this bright and inviting home, thoughtfully refreshed and ready for its next owner! Beautiful wood floors refinished throughout. Fresh paint gives the entire home a clean, updated feel. The updated kitchen offers a great space to cook and gather, complete with an island and a brand new refrigerator. Large windows throughout the home fill the rooms with natural light, creating a warm and welcoming atmosphere. The spacious primary bedroom has a large walk in closet. Enjoy morning coffee or unwind in the evening on the screened in front porch. The location is hard to beat, with downtown and many local amenities just a short walk away. With so many updates already completed, move right in and start enjoying all this home has to offer! Some photos are digitally altered.

608 S Second St, Watertown

Listing courtesy of RE/MAX Community Realty.

$385,000

2 Beds ⋅ 2 Baths

This bright and elegant home is now complete and MOVE IN READY! Come experience the newest quality built homes by White Oak Builders in Watertown at the Rock River Ridge subdivision. These homes are available starting with efficient design and amenities. Open concept floor plans. Each unit showcases 2 bedrooms, 2 baths with first floor laundry. Primary bedroom has en-suite with large walk-in closet. Lower level is plumbed for future bath and egress window for future finished bedroom. Walking distance to the brand-new YMCA and walking paths to future 3 acre green space. There are multiple layouts and material options within the footprint available to customize, depending on stage of construction. There are 18 total zero-lot-line twin homes in this phase.

710 Johnson St, Watertown

Listing courtesy of Shorewest Realtors, Inc..

$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! 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.

$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.

$299,000

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.

$374,900

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..

Start Your Search

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

How much is your home worth?

How much is your home worth?