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Featured local agent — Watauga, TN

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Watauga, TN

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Watauga, TN(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Watauga, TN Housing Market & Real Estate

Strong seller's market

Housing market overview · Updated monthly ·

$215,000median sale price

How is the Watauga, TN housing market right now?

The median home sale price in Watauga, TN is $215,000. Homes sell in an average of 39 days with 2 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Watauga a buyer's or seller's market?

Strong seller's market2.0 months of supply39 avg. days on market

Watauga, TN is currently a strong seller's market, based on 2.0 months of supply and homes selling in about 39 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

39

Average pace

Active listings

2

2.0 months supply

Sale-to-list

104.9%

Above asking

What does the Watauga housing market data show?

Current housing market statistics for Watauga, TN
MetricValue
Median sale price$215,000
Median list price$425,000
Average days on market39 days
Active inventory2 listings
Months of supply2.0 months
Sale-to-list price ratio104.9%
Median price per sq ft$145/sq ft
Homes sold (latest month)1
New listings (latest month)1
Market conditionStrong seller's market

Source: Redfin · Updated monthly

How much do homes cost in Watauga by property type?

How the Watauga, TN market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Watauga, TN
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$215,000$145/sq ft139 days

Source: Redfin · Updated monthly

The Watauga housing market is currently classified as a strong seller's market with a median sale price of $215,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 39 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.7x provides context for how home values compare to local earning capacity.

Homes for sale in Watauga

There are currently 2 homes listed for sale in Watauga, Tennessee. The median listing price is $425K.

Active listings

2

Homes on market

Median list price

$425K

Avg. days on market

39

Days until sale

New this week

1

Newly listed

Sale-to-list:104.9%

Who lives in Watauga?

Population

631

Median income

$56,912/yr

Median age

44 years

Owner-occupied

93.9%

College grads

26.7%

Avg commute

18.9 min

Source: U.S. Census Bureau ACS

What are homes worth in Watauga?

Zillow home value

$268,838

Price-to-income

4.7x

Source: Zillow Research

What is it like to live in Watauga?

Watauga is a community of approximately 1K residents with a median age of 44 years.The median household income is $56,912, which represents a working-class community with solid middle-income opportunities. 26.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 93.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 18.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Watauga offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Watauga, TN?

Want a head-to-head view? Compare Watauga side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Watauga?

The median home sale price in Watauga is $215,000, down 0.0% from last year.

How long do homes stay on market in Watauga?

Homes typically spend 39 days on market before going under contract.

What is the median income in Watauga?

The median household income is $56,912 per year.

Is Watauga a buyer's or seller's market?

With 2.0 months of supply, Watauga is currently a strong seller's market.

What is the Zillow home value estimate for Watauga?

The Zillow Home Value Index (ZHVI) for Watauga is $268,838, representing the typical home value in the area.

How much does a single-family home cost in Watauga?

The median single-family home price in Watauga, TN is $215,000 (about $145 per square foot).

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