Watertown, MA Home Values & Market Trends
Real estate market trends reflect that there have been 374 transactions over the past year in Watertown. The median value for residential home transactions that occurred over the previous year is $838,163.95. The number of current listings in Watertown is 11, and the percentage of properties for sale in the city is 11.00%. Watertown, MA currently has 7 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 11 properties for sale.
Watertown, MA Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 02472 | $ 774,176 $ 495/sqft |
Housing Market Summary for Watertown, MA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $655K | $755.4K | 15.33% |
| Median Sold Price | $750K | $755.4K | 0.72% |
| Homes For Sale | 16 | 10 | -37.50% |
| Homes Sold | 179 | 139 | -22.35% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Watertown, MA
Browse Homes in Watertown, MA
Watertown home values range from $153,461 to $3,839,342. The median estimated value of a home in Watertown is $838,163.95. The median list price of a home is 699,999, and the total count of properties in the city is 9,790.
- Pre-ForeclosurePre-foreclosure homes account for 0.06% of all residential properties in Watertown, MA with 02472 containing 6 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Watertown, MA; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,267,750 in 02472 to the lowest home value of $793,500 in 02472.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Watertown, MA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Watertown, MA. There is 1 zips within Watertown, MA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions02472 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Watertown, MA. Auction homes and other auction properties account for 0.01% of all properties in Watertown, MA. There is 1 zips within Watertown, MA; of that zips, the median estimated home value for homes going to auction ranges from $894,100 in 02472 to the lowest value of $894,100 in 02472.
Compare Nearby Cities
More Real Estate Resources for Watertown, MA
Guide for Watertown, MA
This analysis highlights the significant growth in Boston’s real estate market with increasing property values, and the diversity of pricing in its neighborhoods. It presents a dynamic market catering to a wide range of buyers and investors, from high-end to more economic entry points.
Information on foreclosure financing, refinancing, and foreclosure mortgages.
Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.
Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.