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Featured local agent — Watauga, TX
Sarah Mitchell
Compass Real Estate · Watauga, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Watauga, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$294,500median sale price
How is the Watauga, TX housing market right now?
The median home sale price in Watauga, TX is $294,500, up 7.5% year-over-year. Homes sell in an average of 28 days with 60 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 Watauga a buyer's or seller's market?
Watauga, TX is currently a seller's market, based on 1.9 months of supply and homes selling in about 28 days. How we determine this →
Homes sold
31
Last 12 weeks
Days on market
28
Average pace
Active listings
60
1.9 months supply
Sale-to-list
99.4%
Below asking
What does the Watauga housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $294,500 |
| Median list price | $295,000 |
| Year-over-year price change | +7.5% |
| Average days on market | 28 days |
| Active inventory | 60 listings |
| Months of supply | 1.9 months |
| Sale-to-list price ratio | 99.4% |
| Median price per sq ft | $197/sq ft |
| Homes sold (latest month) | 31 |
| New listings (latest month) | 35 |
| Listings with a price cut | 46.7% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Watauga by property type?
How the Watauga, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $282,750 | $199/sq ft | 28 | 25 days |
| Townhouse | $313,500 | $153/sq ft | 3 | 56 days |
Source: Redfin · Updated monthly
The Watauga housing market is currently classified as a seller's market with a median sale price of $294,500. Prices have risen 7.5% compared to last year, with homes spending an average of 28 days on market, indicating 1.9 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 3.0x provides context for how home values compare to local earning capacity.
Homes for sale in Watauga
There are currently 60 homes listed for sale in Watauga, Texas. The median listing price is $295K.
Active listings
60
Homes on market
Median list price
$295K
Avg. days on market
28
Days until sale
New this week
35
Newly listed
Who lives in Watauga?
Population
23,336
Median income
$91,669/yr
Median age
36.6 years
Owner-occupied
80.4%
College grads
25.9%
Avg commute
29.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Watauga?
Zillow home value
$279,066
Zillow rent index
$2,031/mo
Price-to-rent ratio
11.5x
Price-to-income
3.0x
Source: Zillow Research
What is it like to live in Watauga?
Watauga is a community of approximately 23K residents with a median age of 36.6 years.The median household income is $91,669, which reflects a relatively affluent area with strong earning potential. 25.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 80.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 29.2 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 public schools serve Watauga?
5 schools tracked · 2,394 students
The largest public schools serving Watauga, TX 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.
WATAUGA EL
Grades PK-5 · 712 students
GRACE E HARDEMAN EL
Grades PK-5 · 595 students
WATAUGA MIDDLE
Grades 6-8 · 582 students
WHITLEY ROAD EL
Grades PK-4 · 374 students
NEWMAN INTERNATIONAL ACADEMY WATAUGA
Grades PK-6 · 131 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 Watauga, TX?
Want a head-to-head view? Compare Watauga side-by-side with any other U.S. city using our market-comparison tool.
Is Watauga a good real estate investment market?
For investors evaluating Watauga, the price-to-rent ratio of 11.5x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 7.5% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Watauga's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Watauga's median home price.
Frequently asked questions
What is the average home price in Watauga?
The median home sale price in Watauga is $294,500, up 7.5% from last year.
How long do homes stay on market in Watauga?
Homes typically spend 28 days on market before going under contract.
What is the median income in Watauga?
The median household income is $91,669 per year.
Is Watauga a buyer's or seller's market?
With 1.9 months of supply, Watauga is currently a seller's market.
What is the Zillow home value estimate for Watauga?
The Zillow Home Value Index (ZHVI) for Watauga is $279,066, 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, TX is $282,750 (about $199 per square foot).
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