Watertown, MA Housing Market
The Watertown housing market is very competitive. Homes in Watertown receive 3 offers on average and sell in around 21 days. The median sale price of a home in Watertown was $739K last month, down 12.9% 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 March 2024, Watertown home prices were down 12.9% compared to last year, selling for a median price of $739K. On average, homes in Watertown sell after 21 days on the market compared to 28 days last year. There were 22 homes sold in March this year, down from 28 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 2% above list price and go pending in around 18 days.
- Hot homescan sell for about 7% 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
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 26 days.
- Hot homescan sell for about 2% above list price and go pending in around 14 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 1% above list price and go pending in around 20 days.
- Hot homescan sell for about 6% above list price and go pending in around 10 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 |
View houses in Watertown that sold recently
Recently sold homes
- $1,830,000 Last Sold Price4 beds3.5 baths3,000 sq ft57 Burnham St, Belmont, MA 02478Redfin Corp.List Price$1,875,000Sale to List2% under listDays on Market81 days57 Burnham St, Belmont, MA 02478
- $1,020,000 Last Sold Price3 beds1.5 baths1,816 sq ft41 Gilbert St, Watertown, MA 02472List Price$889,000Sale to List15% over listDays on Market40 days41 Gilbert St, Watertown, MA 02472
- $815,000 Last Sold Price3 beds2 baths1,200 sq ft262 Belmont St #1, Watertown, MA 02472List Price$834,900Sale to List2% under listDays on Market77 days262 Belmont St #1, Watertown, MA 02472
- $825,000 Last Sold Price3 beds1 bath1,176 sq ft66 Edward Rd, Watertown, MA 02472List Price$729,000Sale to List13% over listDays on Market36 days66 Edward Rd, Watertown, MA 02472
- $1,610,000 Last Sold Price4 beds4.5 baths5,100 sq ft82 Hovey #82, Watertown, MA 02472List Price$1,780,000Sale to List10% under listDays on Market71 days82 Hovey #82, Watertown, MA 02472
- $1,250,000 Last Sold Price5 beds2 baths2,278 sq ft18-20 Purvis St, Watertown, MA 02472List Price$1,199,000Sale to List4% over listDays on Market59 days18-20 Purvis St, Watertown, MA 02472
- $1,310,000 Last Sold Price6 beds2 baths2,684 sq ft28-30 Chauncey St, Watertown, MA 02472List Price$1,250,000Sale to List5% over listDays on Market39 days28-30 Chauncey St, Watertown, MA 02472
- $975,000 Last Sold Price3 beds2.5 baths1,825 sq ft40 Royal St #2, Watertown, MA 02472List Price$849,000Sale to List15% over listDays on Market37 days40 Royal St #2, Watertown, MA 02472
See all recently sold homes in Watertown.
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Schools in Watertown
- Elementary
- Middle
- High
GreatSchools Rating
10/10 Butler Elementary School Public • K-4 | 384 Students | 7 reviews |
9/10 Haggerty School Public • PreK-5 | 261 Students | 16 reviews |
8/10 J.R. Lowell Elementary School Public • PreK-5 | 404 Students | 13 reviews |
7/10 Cabot Elementary School Public • K-5 | 386 Students | 5 reviews |
7/10 Horace Mann Elementary School Public • K-5 | 399 Students | 4 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
Flood Factor
Fire Factor - Minor
Fire Factor
Wind Factor - Major
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
Transportation in Watertown
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