53098, Watertown, WI

The 53098 zip code of Watertown, WI has a median home value of $147,000 and a median home equity of $116,000. The average list price for homes in the 53098 zip code is $167,500. The 53098 zip code has a population of about 21,000 people.

There are a number of factors that affect the home equity and home prices in the 53098 zip code. These include the local economy, interest rates, and housing supply and demand.

The local economy is important because it affects how much money people have to spend on homes. If there are more jobs available in the area, people will be able to afford more expensive homes. If there are fewer jobs available in the area, people will be less likely to be able to afford expensive homes.

Interest rates are also important because they affect how much money people can borrow to buy a home. When interest rates are high, it is harder for people to borrow money to buy a home. When interest rates are low, it is easier for people to borrow money to buy a home.

Housing supply and demand also play an important role in determining how expensive homes can be in the 53098 zip code. If there is an increased demand for homes in the area, prices will rise accordingly. If there is an decreased demand for homes in the area, prices will fall accordingly