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Waterman, IL Homes for Sale

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  • 245 N Elm St, Waterman, IL 60556
    245 N Elm St, Waterman, IL 60556
    245 N Elm St, Waterman, IL 60556
    /36

    $349,500

    • 4 Beds
    • 2 Baths
    • 2,800 Sq Ft

    245 N Elm St, Waterman, IL 60556

    Step into timeless elegance with this beautifully maintained Victorian home that blends classic charm with modern convenience. From the moment you enter the spacious foyer, you'll be captivated by the stunning original features - rich hardwood floors, intricate stained glass windows, and a grand turned staircase that sets the tone for the rest of the home. The main level offers an abundance of

    Tara Eberly Swanson Real Estate

    245 N Elm St, Waterman, IL 60556
  • 209 Buchanan Dr, Waterman, IL 60556
    209 Buchanan Dr, Waterman, IL 60556
    /2

    $358,990 New Construction

    • 3 Beds
    • 2 Baths
    • 1,455 Sq Ft

    209 Buchanan Dr, Waterman, IL 60556

    MOVE IN THIS SUMMER!! Homesite #0005. Step into the Brighton, a thoughtfully designed single-family home that blends modern comfort with functional living. This single-story layout features three bedrooms and two bathrooms in an open-concept design that seamlessly connects the kitchen, family room, and dining area-creating a spacious and inviting environment perfect for both everyday life and

    Bill Flemming HomeSmart Connect LLC

    209 Buchanan Dr, Waterman, IL 60556
  • 207 Buchanan Dr, Waterman, IL 60556
    207 Buchanan Dr, Waterman, IL 60556
    207 Buchanan Dr, Waterman, IL 60556
    /3

    $368,990 New Construction

    • 4 Beds
    • 2.5 Baths
    • 1,990 Sq Ft

    207 Buchanan Dr, Waterman, IL 60556

    MOVE IN THIS SUMMER!! Homesite #0004. Discover the Broadmoor-a thoughtfully designed two-story home combining style and everyday comfort. With four bedrooms, two full bathrooms, a powder room, and a dedicated loft, it offers a spacious environment perfect for modern living and entertaining. The main level brings the great room, kitchen, and dining room together to form an open, welcoming space

    Bill Flemming HomeSmart Connect LLC

    207 Buchanan Dr, Waterman, IL 60556
  • 208 Buchanan Dr, Waterman, IL 60556
    208 Buchanan Dr, Waterman, IL 60556
    208 Buchanan Dr, Waterman, IL 60556
    /3

    $394,990 New Construction

    • 4 Beds
    • 3 Baths
    • 2,170 Sq Ft

    208 Buchanan Dr, Waterman, IL 60556

    MOVE IN THIS SUMMER!! Homesite #0270. Experience the ideal fusion of contemporary style and practical design in the stunning Davidson model at Prairie Springs. This thoughtfully crafted two-story home offers four spacious bedrooms and three full bathrooms, providing the flexibility and space that today's families need. The open-concept main level is centered around a contemporary kitchen

    Bill Flemming HomeSmart Connect LLC

    208 Buchanan Dr, Waterman, IL 60556
  • 206 Buchanan Dr, Waterman, IL 60556
    206 Buchanan Dr, Waterman, IL 60556
    206 Buchanan Dr, Waterman, IL 60556
    /3

    $369,990 New Construction

    • 4 Beds
    • 3.5 Baths
    • 1,825 Sq Ft

    206 Buchanan Dr, Waterman, IL 60556

    MOVE IN THIS SUMMER!! Homesite #0271. Meet the Aspen-a modern, thoughtfully designed two-story home crafted to complement every lifestyle with comfort and convenience at its core. The open-concept main floor seamlessly connects the kitchen, dining area, and great room, creating an inviting space perfect for everything from relaxed evenings to lively gatherings. Luxury vinyl plank flooring flows

    Bill Flemming HomeSmart Connect LLC

    206 Buchanan Dr, Waterman, IL 60556
  • 142 E Lincoln Hwy Unit C, Waterman, IL 60556
    142 E Lincoln Hwy Unit C, Waterman, IL 60556
    142 E Lincoln Hwy Unit C, Waterman, IL 60556
    /15

    $188,900

    • 3 Beds
    • 1.5 Baths
    • 1,500 Sq Ft

    142 E Lincoln Hwy Unit C, Waterman, IL 60556

    Kallan Welsh Up Realty LLC

    142 E Lincoln Hwy Unit C, Waterman, IL 60556
  • 211 Buchanan Dr, Waterman, IL 60556
    211 Buchanan Dr, Waterman, IL 60556
    211 Buchanan Dr, Waterman, IL 60556
    /3

    $345,990 New Construction

    • 3 Beds
    • 2.5 Baths
    • 1,507 Sq Ft

    211 Buchanan Dr, Waterman, IL 60556

    MOVE IN THIS SUMMER!! Homesite #0006. Welcome to the Coleman, a thoughtfully designed two-story home that balances modern style with everyday comfort. Featuring three bedrooms and two-and-a-half bathrooms, this plan offers a spacious main level that encourages connection and ease-ideal for both daily routines and special occasions. The kitchen stands out as a functional showpiece, showcasing a

    Bill Flemming HomeSmart Connect LLC

    211 Buchanan Dr, Waterman, IL 60556
  • 501 E Garfield St, Waterman, IL 60556
    501 E Garfield St, Waterman, IL 60556
    501 E Garfield St, Waterman, IL 60556
    /10

    $310,000

    • 3 Beds
    • 2.5 Baths
    • 2,861 Sq Ft

    501 E Garfield St, Waterman, IL 60556

    Spacious and versatile, this 2,860-square-foot home sits on a desirable corner lot and offers a layout designed for both comfort and functionality. The open floor plan creates seamless flow between living spaces, making it ideal for entertaining or everyday living. The main level features a dedicated office that can easily serve as a guest bedroom or flex space to fit your needs. Upstairs, you'll

    David Bieschke Enhance Home Real Estate

    501 E Garfield St, Waterman, IL 60556
Illinois DeKalb County Waterman

Real Estate & Homes for Sale in Waterman, IL

Why Live in Waterman

Waterman, Illinois, is a village of about 1,500 residents, known for its agricultural roots and peaceful lifestyle. Bayer Crop Science’s seed corn processing plant is the largest local employer, reflecting the area's farming heritage. Recreational activities include hiking and fishing at Lions Community Park, which has a playground and walking trail. Nearby Shabbona Lake State Park offers fishing, boating and winter sports, while the Aurora Sportsmen’s Club provides gun and archery ranges. Housing in Waterman features everything from early 1900s cottages and National Folk-style homes to midcentury ranch styles and modern designs in the Green Ridge subdivision. Homes in the village center are shaded by trees, while those in rural areas have acreage and often feature barns or silos. Occasional noise from passing freight trains occurs near the railroad. Waterman has a lower crime risk compared to the national average. The village hosts the Waterman Lions Summerfest and Antique Tractor and Truck Show, a mid-July event with antique tractors, craft vendors, train rides, live music and fireworks. Dining options include Pub West and Wild Carrot Cooking Company, with more shopping available in nearby Hinckley and DeKalb. Indian Creek Elementary School is highly rated, and the high school offers dual-credit courses through Kishwaukee College. State Route 23 and U.S. Route 30 connect Waterman to Aurora and Chicago, with Chicago Rockford International Airport 50 miles north.

Learn more about living in Waterman

Frequently Asked Questions

What is the average home price in Waterman, IL?
Homes for sale in Waterman, IL have an average home price of $289,558.
Are home prices dropping in Waterman?
Yes, home prices in Waterman are down 10% in the last 12 months.
How many homes have sold over the last 12 months in Waterman, IL?
20 homes have sold in Waterman, IL over the last 12 months.
What are the most popular zip codes in Waterman, IL?
The most popular zip codes in Waterman, IL include 60556, 60550, 60548, 60552 and 60520.
How much do you need to make to afford a house in Waterman?
The median home price in Waterman is $305,000. If you put a 20% down payment of $61,000 and had a 30-year fixed mortgage with an interest rate of 6.11%, your estimated principal and interest payment would be $1,480 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $63K a year to afford the median home price in Waterman. Learn how much home you can afford with our Home Affordability Calculator.
How are the schools in Waterman, IL?
Waterman, IL has highly rated public and private schools. Some of the best schools in Waterman based on Niche Grades are Indian Creek High School, Indian Creek Elementary School and Indian Creek Middle School. Browse all the schools in Waterman, IL to learn more.

Home Trends in Waterman, IL

On average, homes in Waterman, IL sell after 28 days on the market compared to the national average of 54 days. The median sale price for homes in Waterman, IL over the last 12 months is $274,500, down 10% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$274,500
Median Single Family Sale Price
$280,000
Average Price Per Sq Ft
$161
Number of Homes for Sale
8
Last 12 months Home Sales
20
Months of Supply
4.80
Median List Price
$305,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-10%
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