Watertown, MA Housing Market
The Watertown housing market is very competitive. Homes in Watertown receive 3 offers on average and sell in around 18 days. The median sale price of a home in Watertown was $963K last month, up 25.8% since last year. The median sale price per square foot in Watertown is $570, up 4.6% since last year.
Watertown Housing Market Trends
In May 2024, Watertown home prices were up 25.8% compared to last year, selling for a median price of $963K. On average, homes in Watertown sell after 18 days on the market compared to 14 days last year. There were 26 homes sold in May this year, down from 28 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Watertown housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 17 days.
- Hot homescan sell for about 9% above list price and go pending in around 10 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 21 days.
- Hot homescan sell for about 3% above list price and go pending in around 13 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 18 days.
- Hot homescan sell for about 9% above list price and go pending in around 10 days.
Watertown Migration & Relocation Trends
- Across the nation, 2% of homebuyers searched to move into Watertown from outside metros.
- New York homebuyers searched to move into Watertown more than any other metro followed by Hartford and Washington.
- 83% of Watertown homebuyers searched to stay within the Watertown metropolitan area.
- Portland was the most popular destination among Watertown homebuyers followed by Lebanon and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 3,455 | ||
2 | 1,575 | ||
3 | 383 | ||
4 | 371 | ||
5 | 279 | ||
6 | 276 | ||
7 | 123 | ||
8 | 34 | ||
9 | 26 | ||
10 | 22 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 3,341 | ||
2 | 1,554 | ||
3 | 1,475 | ||
4 | 924 | ||
5 | 894 | ||
6 | 865 | ||
7 | 805 | ||
8 | 655 | ||
9 | 395 | ||
10 | 373 |
Home offer insights for Watertown
Recent offers
- Winning Offer|10 Weeks Ago~$1M Offer3 bd | 2.5 ba | ~2,000 sqftOver List Price4%Days on Market19Competing Offers2Down Payment~20%
- Offer Not Accepted|11 Weeks Ago~$500K OfferSold for $500K2 bd | 2 ba | ~1,000 sqftOver List Price2%Days on Market36Competing Offers5Down Payment<10%
View houses in Watertown that sold recently
Recently sold homes
- $1,410,000 Last Sold Price7 beds3 baths3,742 sq ft4-8 Adams St, Watertown, MA 02472List Price$1,299,000Sale to List9% over listDays on Market29 days4-8 Adams St, Watertown, MA 02472
- $610,000 Last Sold Price2 beds2 baths918 sq ft50 Watertown St #408, Watertown, MA 02472List Price$599,000Sale to List2% over listDays on Market73 days50 Watertown St #408, Watertown, MA 02472
- $1,255,000 Last Sold Price3 beds2.5 baths2,123 sq ft272 Palfrey St #272, Watertown, MA 02472List Price$1,149,000Sale to List9% over listDays on Market50 days272 Palfrey St #272, Watertown, MA 02472
- $1,290,000 Last Sold Price6 beds3 baths2,644 sq ft89-91 Boylston St, Watertown, MA 02472List Price$1,045,000Sale to List23% over listDays on Market47 days89-91 Boylston St, Watertown, MA 02472
- $810,000 Last Sold Price3 beds2 baths1,200 sq ft262 Belmont St #2, Watertown, MA 02472List Price$829,900Sale to List2% under listDays on Market125 days262 Belmont St #2, Watertown, MA 02472
- $685,000 Last Sold Price3 beds1 bath1,321 sq ft12 Oliver Rd #3, Watertown, MA 02472List Price$669,000Sale to List2% over listDays on Market43 days12 Oliver Rd #3, Watertown, MA 02472
- $790,000 Last Sold Price3 beds2.5 baths2,065 sq ft6 Locust Unit B, Watertown, MA 02472List Price$760,000Sale to List4% over listDays on Market21 days6 Locust Unit B, Watertown, MA 02472
- $527,000 Last Sold Price2 beds1 bath950 sq ft10 Williams St #44, Watertown, MA 02472List Price$500,000Sale to List5% over listDays on Market66 days10 Williams St #44, Watertown, MA 02472
See all recently sold homes in Watertown.
See listings
Schools in Watertown
- Elementary
- Middle
- High
GreatSchools Rating
10/10 Butler Elementary School Public • K-4 | 333 Students | 7 reviews |
9/10 Haggerty School Public • PreK-5 | 247 Students | 16 reviews |
8/10 J.R. Lowell Elementary School Public • PreK-5 | 401 Students | 13 reviews |
7/10 Cabot Elementary School Public • K-5 | 379 Students | 5 reviews |
7/10 Horace Mann Elementary School Public • K-5 | 377 Students | 5 reviews |
Climate's impact on Watertown housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Watertown.
Flood Factor - Major
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Fire Factor - Minor
Fire Factor
Wind Factor - Major
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Wind likelihood over time
Heat Factor - Major
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Transportation in Watertown
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