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 $540, up 14.6% 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 1% above list price and go pending in around 21 days.
- Hot homescan sell for about 5% 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 about 1% below list price and go pending in around 32 days.
- Hot homescan sell for about 1% above list price and go pending in around 16 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 25 days.
- Hot homescan sell for about 4% above list price and go pending in around 13 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 Lebanon and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 2,367 | ||
2 | 1,280 | ||
3 | 400 | ||
4 | 312 | ||
5 | 131 | ||
6 | 108 | ||
7 | 105 | ||
8 | 28 | ||
9 | 17 | ||
10 | 8 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 3,041 | ||
2 | 1,853 | ||
3 | 1,807 | ||
4 | 1,019 | ||
5 | 995 | ||
6 | 895 | ||
7 | 753 | ||
8 | 664 | ||
9 | 394 | ||
10 | 347 |
Home offer insights for Watertown
Recent offers
- Offer Not Accepted|8 Weeks Ago~$1M OfferSold for $1M3 bd | 2 ba | ~2,000 sqftUnder List Price6%Days on Market21Competing Offers—Down Payment~20%
- Offer Not Accepted|10 Weeks Ago~$550K OfferSold for $550K2 bd | 1.5 ba | ~1,000 sqftOver List Price0%Days on Market49Competing Offers4Down Payment~20%
View houses in Watertown that sold recently
Recently sold homes
- $665,000 Last Sold Price2 beds2 baths1,628 sq ft199 Coolidge Ave #204, Watertown, MA 02472List Price$749,000Sale to List11% under listDays on Market166 days199 Coolidge Ave #204, Watertown, MA 02472
- $1,200,000 Last Sold Price3 beds1.5 baths2,203 sq ft102 Channing Rd, Watertown, MA 02472List Price$1,199,000Sale to List0% over listDays on Market43 days102 Channing Rd, Watertown, MA 02472
- $525,000 Last Sold Price2 beds1 bath1,311 sq ft356 Lexington St #356, Watertown, MA 02472List Price$462,500Sale to List14% over listDays on Market43 days356 Lexington St #356, Watertown, MA 02472
- $355,000 Last Sold Price1 bed1 bath670 sq ft164 Galen St #76, Watertown, MA 02472List Price$329,000Sale to List8% over listDays on Market35 days164 Galen St #76, Watertown, MA 02472
- $960,000 Last Sold Price3 beds2 baths1,638 sq ft25 Puritan Rd, Watertown, MA 02472List Price$960,000Sale to List0% over listDays on Market3 days25 Puritan Rd, Watertown, MA 02472
- $880,000 Last Sold Price3 beds3.5 baths1,965 sq ft110 Coolidge Hill Rd #6, Watertown, MA 02472List Price$879,000Sale to List0% over listDays on Market42 days110 Coolidge Hill Rd #6, Watertown, MA 02472
- $575,000 Last Sold Price2 beds1 bath1,311 sq ft46 Grant Ave #46, Watertown, MA 02472List Price$515,000Sale to List12% over listDays on Market27 days46 Grant Ave #46, Watertown, MA 02472
- $800,000 Last Sold Price3 beds1.5 baths1,332 sq ft44 Pilgrim Rd, Watertown, MA 02472List Price$729,000Sale to List10% over listDays on Market54 days44 Pilgrim Rd, 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 | 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
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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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