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Atwater City Offices and Public Library, Atwater, Minnesota-04Photo: Myotus · CC BY 4.0
Housing in Atwater

20 homes sold in Atwater in the last year, at a typical $232K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Atwater homes are listed.

Homes sold
20
June 2025 to May 2026
Typical sale price
$232K
median, weighted by sales
Price per square foot
$123
Minnesota $190
Paid vs. asking
98.6%
30% sold over asking
For sale now
3
May 2026 · 2 sold that month
What sold · last 12 months

Houses are 100% of Atwater’s sales, at a typical $232K

20 homes sold in the year to May 2026.

Houses$232K

typical sale · 20 sold in 12 months

Per square foot
$123MN $191
Days to sell
53
Sold over asking
30%
Listings with a price cut
44%
6 years of sales

About as many homes sell as usual, at 2.5 times the 2016 price

20 sales in the last year, against 23 in 2017 and a low of 14 in 2016. The typical sale went from $93K in 2016 to $232K.

Homes soldTypical sale price
012253750$75K$150K$225K$300K2014: 20 sold, typical $105K’142016: 14 sold, typical $93K2017: 23 sold, typical $123K’172020: 19 sold, typical $143K2021: 14 sold, typical $158K’212024: 16 sold, typical $203KLast 12 months: 20 sold, typical $232KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $250K buys in Atwater

Houseat $123 a sq ft
The same money in Minnesotaat $191 a sq ft

Is this asking price fair?

Check a listing against what Atwater homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

Rent or buy?

Owning the typical Atwater home costs about $1,425 a month

Mortgage
Property tax
Insurance
Rent

Price: Atwater’s typical sale, last 12 months. Property tax at Atwater’s 1.1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Atwater is affordable on local pay is on Cost of living.

Before you buy in Atwater

Five things worth knowing

1.1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $232K home, about $2,570 a year.

Taxes vs. neighbors
C+

Schools

The schools grade for Atwater, from test results, graduation and how much students grow.

Schools in Atwater
22 min

Typical commute

The average one-way trip to work for people who live in Atwater.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot; Spicer and Paynesville for far more

The busier markets within 25 miles of Atwater, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Willmar211$235K$13225%35
Paynesville41$244K$15429%67
Spicer29$347K$19610%40
Atwater20$232K$12330%53

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Atwater, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Atwater. People who follow the town see it, and so do people comparing Atwater with their own town. No commission, no listing fee.

Questions about buying a home in Atwater

What do homes sell for in Atwater, MN?

20 homes sold in the year to May 2026 at a typical $232K, $123 a square foot.

Is Atwater a buyer’s or seller’s market?

A seller’s market: 3 homes were for sale in May 2026 and 2 sold, about 1.5 months of supply. Buyers paid 98.6% of asking on average, and 42% of listings cut their price.

How much are property taxes in Atwater?

About 1.1% of a home’s value a year. On a $232K home that’s near $2,570.

Where can I see homes for sale in Atwater?

Zillow, Redfin, Realtor.com and Homes.com all carry Atwater’s MLS listings; the search links above open each one filtered to Atwater.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).