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Metro areas › Watertown-Fort Atkinson, WI

Micropolitan area

Watertown-Fort Atkinson, WI

Wisconsin · 1 county · 86,505 residents (2025 est.)

FHFA annual index 1979–2025Developmental CBSA indexPermits through August 2026
FHFA house price index for Watertown-Fort Atkinson, WI, annual from 1979 to 2025, with the national index rebased to the same start and NBER recessions shadedRecession 1980Recession 1981–82Recession 1990–91Recession 2001Recession 2007–09Recession 2020020040060080019801990200020102020United States2025: 606
Watertown-Fort Atkinson (100 = first year)United States, rebased to the same startNBER recession

FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. FHFA describes its annual CBSA indexes as developmental and subject to revision. The index does not give a dollar value for any home.

The Watertown-Fort Atkinson, WI micropolitan area covers 1 county. Its FHFA house price index, starting in 1979, stood at 606 in 2025, +506.4% above the base of 100.

Over the ten years to 2025 the annual index rose +92.7% (+6.8% a year), close to Wisconsin at +95.5% and above the national +85.0%.

From a 2007 peak the index fell −14.6% to 2013, regaining the peak in 2018.

Across its counties, 198 housing units were authorised in the 12 months to August 2026, 2.3 per 1,000 residents, −44.8% on the previous 12 months.

+5.3%1 year, 2024–2025US +2.8%
+55.9%5 yearsUS +47.0%
+92.7%10 years+6.8% a year annualised
+139.6%since 2000US +158.3%
198units permitted, 12 months2.3 per 1,000 residents

Same span, three levels

Change in the FHFA indexWatertown-Fort AtkinsonWisconsinUnited States
1 year (2024–2025)+5.3%+5.4%+2.8%
5 years (2020–2025)+55.9%+57.4%+47.0%
10 years (2015–2025)+92.7%+95.5%+85.0%
20 years (2005–2025)+83.5%+84.7%+79.1%
Since 2000+139.6%+143.0%+158.3%
Since 1979+506.4%+446.9%+539.0%
10-year annualised+6.8%+6.9%+6.3%
20-year annualised+3.1%+3.1%+3.0%

FHFA annual all-transactions indexes over identical years.

Decade by decade

DecadeChangeUnited States
1980s (1980–1990)+37.8%+68.2%
1990s (1990–2000)+87.2%+33.9%
2000s (2000–2010)+26.8%+29.7%
2010s (2010–2020)+21.2%+35.5%
2020s so far (2020–2025)+55.9%+47.0%

FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (1979 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the United States column covers the same years. Decades before 1979 are not shown.

Peak-to-low declines

PeakLowDeclinePeak regained
19811982−38.6%1984
20072013−14.6%2018

Building permits across the area

Housing units authorised in the area's county (OMB July 2023 delineations), summed from county files.

Housing units authorised in the Watertown-Fort Atkinson, WI area by month, latest 12 months0102030Sep 2025: 18 units (18 single-family, 0 in multi-unit buildings)Sep 2025Oct 2025: 19 units (15 single-family, 4 in multi-unit buildings)Oct 2025Nov 2025: 16 units (10 single-family, 6 in multi-unit buildings)Nov 2025Dec 2025: 18 units (18 single-family, 0 in multi-unit buildings)Dec 2025Jan 2026: 8 units (2 single-family, 6 in multi-unit buildings)Jan 2026Feb 2026: 24 units (12 single-family, 12 in multi-unit buildings)Feb 2026Mar 2026: 9 units (9 single-family, 0 in multi-unit buildings)Mar 2026Apr 2026: 12 units (12 single-family, 0 in multi-unit buildings)Apr 2026May 2026: 15 units (13 single-family, 2 in multi-unit buildings)May 2026Jun 2026: 23 units (11 single-family, 12 in multi-unit buildings)Jun 2026Jul 2026: 21 units (21 single-family, 0 in multi-unit buildings)Jul 2026Aug 2026: 15 units (15 single-family, 0 in multi-unit buildings)Aug 2026

Housing units authorised in the Watertown-Fort Atkinson, WI area by month, latest 12 monthssingle-family2+ unit buildings

Housing units authorised in the Watertown-Fort Atkinson, WI area by month, latest 60 months050100150Sep 2021: 0 units (0 single-family, 0 in multi-unit buildings)Sep 2021Oct 2021: 0 units (0 single-family, 0 in multi-unit buildings)Nov 2021: 0 units (0 single-family, 0 in multi-unit buildings)Dec 2021: 0 units (0 single-family, 0 in multi-unit buildings)Jan 2022: 14 units (14 single-family, 0 in multi-unit buildings)Feb 2022: 13 units (13 single-family, 0 in multi-unit buildings)Mar 2022: 17 units (17 single-family, 0 in multi-unit buildings)Apr 2022: 26 units (26 single-family, 0 in multi-unit buildings)May 2022: 25 units (23 single-family, 2 in multi-unit buildings)Jun 2022: 24 units (24 single-family, 0 in multi-unit buildings)Jul 2022: 17 units (17 single-family, 0 in multi-unit buildings)Aug 2022: 17 units (17 single-family, 0 in multi-unit buildings)Sep 2022: 77 units (21 single-family, 56 in multi-unit buildings)Sep 2022Oct 2022: 22 units (18 single-family, 4 in multi-unit buildings)Nov 2022: 37 units (13 single-family, 24 in multi-unit buildings)Dec 2022: 9 units (7 single-family, 2 in multi-unit buildings)Jan 2023: 10 units (10 single-family, 0 in multi-unit buildings)Feb 2023: 7 units (7 single-family, 0 in multi-unit buildings)Mar 2023: 18 units (18 single-family, 0 in multi-unit buildings)Apr 2023: 11 units (11 single-family, 0 in multi-unit buildings)May 2023: 20 units (14 single-family, 6 in multi-unit buildings)Jun 2023: 11 units (9 single-family, 2 in multi-unit buildings)Jul 2023: 6 units (6 single-family, 0 in multi-unit buildings)Aug 2023: 17 units (17 single-family, 0 in multi-unit buildings)Sep 2023: 24 units (24 single-family, 0 in multi-unit buildings)Sep 2023Oct 2023: 15 units (13 single-family, 2 in multi-unit buildings)Nov 2023: 10 units (10 single-family, 0 in multi-unit buildings)Dec 2023: 18 units (11 single-family, 7 in multi-unit buildings)Jan 2024: 8 units (8 single-family, 0 in multi-unit buildings)Feb 2024: 9 units (9 single-family, 0 in multi-unit buildings)Mar 2024: 12 units (10 single-family, 2 in multi-unit buildings)Apr 2024: 10 units (10 single-family, 0 in multi-unit buildings)May 2024: 8 units (6 single-family, 2 in multi-unit buildings)Jun 2024: 9 units (9 single-family, 0 in multi-unit buildings)Jul 2024: 20 units (14 single-family, 6 in multi-unit buildings)Aug 2024: 16 units (16 single-family, 0 in multi-unit buildings)Sep 2024: 11 units (11 single-family, 0 in multi-unit buildings)Sep 2024Oct 2024: 10 units (10 single-family, 0 in multi-unit buildings)Nov 2024: 20 units (20 single-family, 0 in multi-unit buildings)Dec 2024: 10 units (10 single-family, 0 in multi-unit buildings)Jan 2025: 15 units (13 single-family, 2 in multi-unit buildings)Feb 2025: 14 units (11 single-family, 3 in multi-unit buildings)Mar 2025: 28 units (26 single-family, 2 in multi-unit buildings)Apr 2025: 109 units (16 single-family, 93 in multi-unit buildings)May 2025: 103 units (12 single-family, 91 in multi-unit buildings)Jun 2025: 15 units (15 single-family, 0 in multi-unit buildings)Jul 2025: 14 units (12 single-family, 2 in multi-unit buildings)Aug 2025: 10 units (8 single-family, 2 in multi-unit buildings)Sep 2025: 18 units (18 single-family, 0 in multi-unit buildings)Sep 2025Oct 2025: 19 units (15 single-family, 4 in multi-unit buildings)Nov 2025: 16 units (10 single-family, 6 in multi-unit buildings)Dec 2025: 18 units (18 single-family, 0 in multi-unit buildings)Jan 2026: 8 units (2 single-family, 6 in multi-unit buildings)Feb 2026: 24 units (12 single-family, 12 in multi-unit buildings)Mar 2026: 9 units (9 single-family, 0 in multi-unit buildings)Apr 2026: 12 units (12 single-family, 0 in multi-unit buildings)May 2026: 15 units (13 single-family, 2 in multi-unit buildings)Jun 2026: 23 units (11 single-family, 12 in multi-unit buildings)Jul 2026: 21 units (21 single-family, 0 in multi-unit buildings)Aug 2026: 15 units (15 single-family, 0 in multi-unit buildings)

Housing units authorised in the Watertown-Fort Atkinson, WI area by month, latest 60 monthssingle-family2+ unit buildings

Housing units authorised in the Watertown-Fort Atkinson, WI area by year, 1995–202505001,0001995: 400 units (400 single-family, 0 in multi-unit buildings)19951996: 407 units (407 single-family, 0 in multi-unit buildings)1997: 331 units (331 single-family, 0 in multi-unit buildings)1998: 399 units (399 single-family, 0 in multi-unit buildings)1999: 551 units (379 single-family, 172 in multi-unit buildings)2000: 577 units (406 single-family, 171 in multi-unit buildings)20002001: 564 units (388 single-family, 176 in multi-unit buildings)2002: 637 units (366 single-family, 271 in multi-unit buildings)2003: 493 units (390 single-family, 103 in multi-unit buildings)2004: 785 units (481 single-family, 304 in multi-unit buildings)2005: 620 units (439 single-family, 181 in multi-unit buildings)20052006: 434 units (334 single-family, 100 in multi-unit buildings)2007: 336 units (256 single-family, 80 in multi-unit buildings)2008: 203 units (177 single-family, 26 in multi-unit buildings)2009: 170 units (160 single-family, 10 in multi-unit buildings)2010: 194 units (134 single-family, 60 in multi-unit buildings)20102011: 85 units (83 single-family, 2 in multi-unit buildings)2012: 86 units (84 single-family, 2 in multi-unit buildings)2013: 173 units (107 single-family, 66 in multi-unit buildings)2014: 109 units (103 single-family, 6 in multi-unit buildings)2015: 242 units (136 single-family, 106 in multi-unit buildings)20152016: 209 units (181 single-family, 28 in multi-unit buildings)2017: 213 units (191 single-family, 22 in multi-unit buildings)2018: 237 units (169 single-family, 68 in multi-unit buildings)2019: 250 units (168 single-family, 82 in multi-unit buildings)2020: 347 units (187 single-family, 160 in multi-unit buildings)20202021: 251 units (242 single-family, 9 in multi-unit buildings)2022: 239 units (149 single-family, 90 in multi-unit buildings)2023: 148 units (140 single-family, 8 in multi-unit buildings)2024: 146 units (132 single-family, 14 in multi-unit buildings)2025: 420 units (172 single-family, 248 in multi-unit buildings)2025

Housing units authorised in the Watertown-Fort Atkinson, WI area by year, 1995–2025single-family2+ unit buildings

Permits, 12 months to August 2026This areaWisconsinUnited States
Housing units authorised19825,7711,418,086
Units per 1,000 residents2.34.34.1
Single-family share79%52%63%
Change on previous 12 months−44.8%+5.6%−0.1%

Counties in the area

Ranked by ten-year change in FHFA's county index to 2025; permits are the latest 12 months.

CountyState1 year10 yearsUnits, 12 monthsPer 1,000
Jefferson CountyWI+5.3%+92.7%1982.3

Questions and answers

How much have home values in the Watertown-Fort Atkinson, WI area risen over 10 years?

The FHFA annual index rose +92.7% between 2015 and 2025, about +6.8% a year. Over 20 years: +83.5%; since 2000: +139.6%.

Which counties in the Watertown-Fort Atkinson, WI area rose most?

By ten-year change to 2025: Jefferson County (+92.7%).

What happened to Watertown-Fort Atkinson, WI prices after 2007?

The index peaked in 2007, fell −14.6% to 2013 and regained the peak in 2018. Nationally: −21.3% from 2007 to 2012.

How many homes are being built in the Watertown-Fort Atkinson, WI area?

198 housing units were authorised across the area's counties in the 12 months to August 2026, 79% of them single-family, 2.3 per 1,000 residents.

Where does this data come from?

FHFA's annual CBSA house price index (developmental, updated March 31, 2026); Census Bureau building permits summed over member counties (OMB July 2023 delineations) through August 2026; vintage 2025 population estimates.

Provenance

Index: Federal Housing Finance Agency, annual house price index for core based statistical areas (all-transactions, developmental), last updated March 31, 2026, values 1979–2025. Permits: Census Bureau Building Permits Survey county files through August 2026, summed over member counties from OMB's July 2023 delineations. Population: Census Bureau vintage 2025 estimates. Public domain. Corrections · FHFA HPI datasets.