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Featured local agent — Watertown, TN
Sarah Mitchell
Compass Real Estate · Watertown, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Watertown, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$350,000median sale price
How is the Watertown, TN housing market right now?
The median home sale price in Watertown, TN is $350,000, up 11.1% year-over-year. Homes sell in an average of 96 days with 9 active listings. The market is currently a buyer'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, TN is currently a buyer's market, based on 9.0 months of supply and homes selling in about 96 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
96
Average pace
Active listings
9
9.0 months supply
Sale-to-list
100.0%
Above asking
What does the Watertown housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $350,000 |
| Median list price | $389,950 |
| Year-over-year price change | +11.1% |
| Average days on market | 96 days |
| Active inventory | 9 listings |
| Months of supply | 9.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $260/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 4 |
| Listings with a price cut | 33.3% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Watertown by property type?
How the Watertown, TN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $350,000 | $260/sq ft | 1 | 96 days |
Source: Redfin · Updated monthly
The Watertown housing market is currently classified as a buyer's market with a median sale price of $350,000. Prices have risen 11.1% compared to last year, with homes spending an average of 96 days on market, indicating 9.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 6.8x provides context for how home values compare to local earning capacity.
Homes for sale in Watertown
There are currently 9 homes listed for sale in Watertown, Tennessee. The median listing price is $390K.
Active listings
9
Homes on market
Median list price
$390K
Avg. days on market
96
Days until sale
New this week
4
Newly listed
Who lives in Watertown?
Population
1,511
Median income
$62,991/yr
Median age
41.2 years
Owner-occupied
67.6%
College grads
14.6%
Avg commute
28.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Watertown?
Zillow home value
$428,038
Price-to-income
6.8x
Source: Zillow Research
What is it like to live in Watertown?
Watertown is a community of approximately 2K residents with a median age of 41.2 years.The median household income is $62,991, which represents a working-class community with solid middle-income opportunities. 14.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 67.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Watertown offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Watertown?
3 schools tracked · 1,551 students
The largest public schools serving Watertown, TN 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 School
Grades 9-12 · 660 students
Watertown Elementary
Grades PK-8 · 565 students
Watertown Middle School
Grades 6-8 · 326 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, TN?
Want a head-to-head view? Compare Watertown side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Watertown?
The median home sale price in Watertown is $350,000, up 11.1% from last year.
How long do homes stay on market in Watertown?
Homes typically spend 96 days on market before going under contract.
What is the median income in Watertown?
The median household income is $62,991 per year.
Is Watertown a buyer's or seller's market?
With 9.0 months of supply, Watertown is currently a buyer's market.
What is the Zillow home value estimate for Watertown?
The Zillow Home Value Index (ZHVI) for Watertown is $428,038, representing the typical home value in the area.
How much does a single-family home cost in Watertown?
The median single-family home price in Watertown, TN is $350,000 (about $260 per square foot).
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