What is the median home value in Waterville, MN?

The median value of owner-occupied homes in Waterville, MN is $236,000 (±$17,523), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Waterville, the median home value went from $133,300 in 2015–2019 to $236,000 in 2020–2024 (+77.0%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$236,000 (±$17,523)
Owner-occupied homes
678 (±90)
Most common range
$200,000 to $299,999

Home values in Waterville

Owner-occupied homes by value, 2020–2024
ValueWatervilleLe Sueur CountyMinnesotaUnited States
Less than $50,0001.6% (±2.2 points)3.3%4.0%5.3%
$50,000 to $99,9998.0% (±5.0 points)2.4%3.7%6.1%
$100,000 to $149,9999.6% (±3.5 points)4.9%5.2%6.8%
$150,000 to $199,99914.9% (±5.7 points)10.5%8.1%9.0%
$200,000 to $299,99936.9% (±8.3 points)25.3%22.6%17.8%
$300,000 to $499,99926.5% (±8.6 points)37.0%36.9%26.9%
$500,000 to $999,9992.5% (±1.3 points)14.6%17.0%20.9%
$1,000,000 or more0.0% (±3.3 points)2.0%2.6%7.1%

The most common range is $200,000 to $299,999, 36.9% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Waterville against Le Sueur County, its state and the nation

Estimate (90% margin of error)
WatervilleLe Sueur CountyMinnesotaUnited States
Median home value$236,000 (±$17,523)$316,500 (±$8,942)$329,300 (±$903)$332,700
Owner-occupied homes678 (±90)9,438 (±209)1,666,687 (±7,556)84,210,142

In Waterville, the median home value is lower than in Le Sueur County ($316,500).

It is also lower than in Minnesota ($329,300).

It is lower than the national figure ($332,700).

In Le Sueur County, Waterville ranks 18 of 23 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 1477 of 2,558.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Waterville have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$133,300 (±$10,625)$236,000 (±$17,523)+77.0%Up after inflation
Median owner cost with a mortgage$1,107 (±$42)$1,730 (±$182)+56.3%Up after inflation
Median real estate taxes$1,412 (±$77)$2,601 (±$262)+84.2%Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Waterville

Nearest places with a published estimate, compared with Waterville
PlaceDistanceMedian home valueCompared with this place
Waterville—$236,000 (±$17,523)—
Waterville Township2.5 mi$364,000 (±$32,349)Higher
Morristown Township5.3 mi$475,500 (±$66,694)Higher
Iosco Township5.4 mi$353,900 (±$49,056)Higher
Elysian5.5 mi$285,400 (±$38,227)Higher
Morristown6.3 mi$184,800 (±$19,678)Lower
Kilkenny6.5 mi$158,600 (±$17,395)Lower
Blooming Grove Township7.2 mi$320,700 (±$82,847)Higher
Elysian Township7.4 mi$392,200 (±$27,193)Higher

Nearby places with a measurably lower figure: Morristown, MN ($184,800), Kilkenny, MN ($158,600).

Nearby places with a measurably higher figure: Waterville Township, MN ($364,000), Morristown Township, MN ($475,500), Iosco Township, MN ($353,900).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Le Sueur County, place by place

RankPlaceMedian home value
12Waterville Township$364,000 (±$32,349)
13Cordova Township$339,700 (±$34,247)
14Ottawa Township$335,900 (±$32,215)
15Heidelberg$316,700 (±$109,111)
16Elysian$285,400 (±$38,227)
17Le Sueur$244,000 (±$26,122)
18Waterville$236,000 (±$17,523)
19Montgomery$234,700 (±$11,836)
20Cleveland$212,800 (±$21,984)
21Le Center$209,600 (±$14,325)
22Kasota$190,800 (±$22,813)
23Kilkenny$158,600 (±$17,395)

Showing 12 of 23 places in Le Sueur County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Waterville

What is the average home value in Waterville, MN?

The Census Bureau publishes the median: $236,000 (±$17,523) for owner-occupied homes in Waterville (2020–2024 American Community Survey).

Have home values in Waterville gone up?

In Waterville, the median home value went from $133,300 in 2015–2019 to $236,000 in 2020–2024 (+77.0%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Waterville sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Waterville city, Minnesota (place:68584, in state:27).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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