Watertown, MA Housing Market
The Watertown housing market is very competitive. Homes in Watertown receive 3 offers on average and sell in around 16 days. The median sale price of a home in Watertown was $853K last month, up 16.8% since last year. The median sale price per square foot in Watertown is $527, up 8.1% since last year.
Watertown Housing Market Trends
In April 2024, Watertown home prices were up 16.8% compared to last year, selling for a median price of $853K. On average, homes in Watertown sell after 16 days on the market compared to 13 days last year. There were 24 homes sold in April this year, down from 25 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Watertown housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 17 days.
- Hot homescan sell for about 8% above list price and go pending in around 10 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 22 days.
- Hot homescan sell for about 3% above list price and go pending in around 13 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 18 days.
- Hot homescan sell for about 9% above list price and go pending in around 9 days.
Watertown Migration & Relocation Trends
- Across the nation, 2% of homebuyers searched to move into Watertown from outside metros.
- New York homebuyers searched to move into Watertown more than any other metro followed by Hartford and San Francisco.
- 82% of Watertown homebuyers searched to stay within the Watertown metropolitan area.
- Portland was the most popular destination among Watertown homebuyers followed by Miami and Lebanon.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 3,037 | ||
2 | 1,440 | ||
3 | 381 | ||
4 | 298 | ||
5 | 198 | ||
6 | 140 | ||
7 | 128 | ||
8 | 17 | ||
9 | 12 | ||
10 | 8 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 3,083 | ||
2 | 1,620 | ||
3 | 1,584 | ||
4 | 983 | ||
5 | 954 | ||
6 | 888 | ||
7 | 785 | ||
8 | 663 | ||
9 | 360 | ||
10 | 346 |
Home offer insights for Watertown
Recent offers
- Winning Offer|7 Weeks Ago~$1M Offer3 bd | 2.5 ba | ~2,000 sqftOver List Price4%Days on Market19Competing Offers2Down Payment~20%
- Offer Not Accepted|11 Weeks Ago~$350K OfferSold for $350K1 bd | 1 ba | ~750 sqftOver List Price3%Days on Market5Competing Offers4Down Payment~20%
View houses in Watertown that sold recently
Recently sold homes
- $685,000 Last Sold Price3 beds1.5 baths1,336 sq ft1 Oliver Rd, Watertown, MA 02472List Price$700,000Sale to List2% under listDays on Market43 days1 Oliver Rd, Watertown, MA 02472
- $779,900 Last Sold Price3 beds2.5 baths2,212 sq ft76 Hovey St #3, Watertown, MA 02472List Price$749,900Sale to List4% over listDays on Market65 days76 Hovey St #3, Watertown, MA 02472
- $500,000 Last Sold Price2 beds1 bath874 sq ft326 Lexington St #326, Watertown, MA 02472List Price$449,900Sale to List11% over listDays on Market58 days326 Lexington St #326, Watertown, MA 02472
- $565,000 Last Sold Price2 beds1 bath882 sq ft31 Cottage St #31, Watertown, MA 02472List Price$525,000Sale to List8% over listDays on Market47 days31 Cottage St #31, Watertown, MA 02472
- $843,000 Last Sold Price3 beds2 baths1,875 sq ft30 Prospect St, Watertown, MA 02472List Price$739,000Sale to List14% over listDays on Market46 days30 Prospect St, Watertown, MA 02472
- $1,100,000 Last Sold Price3 beds2.5 baths1,924 sq ft75 Carroll St #1, Watertown, MA 02472Redfin Corp.List Price$1,050,000Sale to List5% over listDays on Market54 days75 Carroll St #1, Watertown, MA 02472
- $1,200,000 Last Sold Price5 beds3 baths2,104 sq ft11 Elton Ave, Watertown, MA 02472List Price$995,000Sale to List21% over listDays on Market67 days11 Elton Ave, Watertown, MA 02472
- $650,000 Last Sold Price2 beds1 bath1,111 sq ft127 Waverley Ave #127, Watertown, MA 02472List Price$579,900Sale to List12% over listDays on Market44 days127 Waverley Ave #127, Watertown, MA 02472
See all recently sold homes in Watertown.
See listings
Schools in Watertown
- Elementary
- Middle
- High
GreatSchools Rating
10/10 Butler Elementary School Public • K-4 | 333 Students | 7 reviews |
9/10 Haggerty School Public • PreK-5 | 247 Students | 16 reviews |
8/10 J.R. Lowell Elementary School Public • PreK-5 | 401 Students | 13 reviews |
7/10 Cabot Elementary School Public • K-5 | 379 Students | 5 reviews |
7/10 Horace Mann Elementary School Public • K-5 | 377 Students | 5 reviews |
Climate's impact on Watertown housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Watertown.
Flood Factor - Major
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Fire Factor - Minor
Fire Factor
Wind Factor - Major
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Wind likelihood over time
Heat Factor - Major
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Transportation in Watertown
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