The Watertown housing market is very competitive. Homes in Watertown receive 5 offers on average and sell in around 16 days. The median sale price of a home in Watertown was $857K last month, down 6.6% since last year. The median sale price per square foot in Watertown is $472, down 7.4% since last year.
What is the housing market like in Watertown today?
In October 2024, Watertown home prices were down 6.6% compared to last year, selling for a median price of $857K. On average, homes in Watertown sell after 16 days on the market compared to 16 days last year. There were 30 homes sold in October this year, up from 22 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$857,000
-6.6% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Watertown, MA
$857,000
-6.6%
United States
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How hot is the Watertown housing market?
Watertown is very competitive. Homes sell in 15 days.
0
100
88
Very Competitive
Redfin Compete Score™
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 15 days.
Hot homes
can sell for about 7% above list price and go pending in around 10 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
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 - Moderate
18% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Watertown has a moderate risk of flooding. 938 properties in Watertown are likely to be
severely affected
by flooding over the next 30 years. This represents 18% of all properties in Watertown. Flood risk is increasing slower than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Watertown has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Watertown is most at risk from hurricanes. 7,711 properties in Watertown have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 90 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 99 mph.