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Featured local agent — Watertown, MA
Sarah Mitchell
Compass Real Estate · Watertown, MA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Watertown, MA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$812,500median sale price
How is the Watertown, MA housing market right now?
The median home sale price in Watertown, MA is $812,500, down 20.7% year-over-year. Homes sell in an average of 19 days with 66 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Watertown a buyer's or seller's market?
Watertown, MA is currently a seller's market, based on 2.1 months of supply and homes selling in about 19 days. How we determine this →
Homes sold
32
Last 12 weeks
Days on market
19
Fast-moving
Active listings
66
2.1 months supply
Sale-to-list
100.7%
Above asking
What does the Watertown housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $812,500 |
| Median list price | $945,000 |
| Year-over-year price change | -20.7% |
| Average days on market | 19 days |
| Active inventory | 66 listings |
| Months of supply | 2.1 months |
| Sale-to-list price ratio | 100.7% |
| Median price per sq ft | $507/sq ft |
| Homes sold (latest month) | 32 |
| New listings (latest month) | 43 |
| Listings with a price cut | 30.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Watertown by property type?
How the Watertown, MA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.00M | $550/sq ft | 6 | 15 days |
| Condo / Co-op | $660,000 | $523/sq ft | 15 | 19 days |
| Townhouse | $745,000 | $408/sq ft | 7 | 19 days |
Source: Redfin · Updated monthly
The Watertown housing market is currently classified as a seller's market with a median sale price of $812,500. Prices have fallen 20.7% compared to last year, with homes spending an average of 19 days on market, indicating 2.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Watertown
There are currently 66 homes listed for sale in Watertown, Massachusetts. The median listing price is $945K.
Active listings
66
Homes on market
Median list price
$945K
Avg. days on market
19
Days until sale
New this week
43
Newly listed
What are homes worth in Watertown?
Zillow home value
$846,578
Zillow rent index
$3,124/mo
Price-to-rent ratio
22.6x
Source: Zillow Research
Which public schools serve Watertown?
5 schools tracked · 2,717 students
The largest public schools serving Watertown, MA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Watertown High
Grades 9-12 · 760 students
Hosmer
Grades PK-5 · 720 students
Watertown Middle
Grades 6-8 · 551 students
James Russell Lowell
Grades K-5 · 376 students
Cunniff
Grades K-5 · 310 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Watertown, MA?
Want a head-to-head view? Compare Watertown side-by-side with any other U.S. city using our market-comparison tool.
Is Watertown a good real estate investment market?
For investors evaluating Watertown, the price-to-rent ratio of 22.6x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 20.7% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Watertown's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Watertown's median home price.
Frequently asked questions
What is the average home price in Watertown?
The median home sale price in Watertown is $812,500, down 20.7% from last year.
How long do homes stay on market in Watertown?
Homes typically spend 19 days on market before going under contract.
Is Watertown a buyer's or seller's market?
With 2.1 months of supply, Watertown is currently a seller's market.
What is the Zillow home value estimate for Watertown?
The Zillow Home Value Index (ZHVI) for Watertown is $846,578, representing the typical home value in the area.
What is the median condo price in Watertown?
The median condo/co-op sale price in Watertown, MA is $660,000, compared to $1.00M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Watertown?
The median single-family home price in Watertown, MA is $1.00M (about $550 per square foot).
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