Home Values

Town of Watertown Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$119,600

  • -3.2% 1-year change
  • None 1-year forecast

The median home value in Town of Watertown is $119,600. Town of Watertown home values have declined -3.2% over the past year. The median list price per square foot in Town of Watertown is $89, which is lower than the Watertown Metro average of $99. The median price of homes currently listed in Town of Watertown is $134,900 while the median price of homes that sold is $115,015. The median rent price in Town of Watertown is $1,000, which is lower than the Watertown Metro median of $1,150.

Foreclosures will be a factor impacting home values in the next several years. In Town of Watertown 3.5 homes are foreclosed (per 10,000). This is lower than the national value of 4.2

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Town of Watertown is 4.4%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Town of Watertown homeowners underwater on their mortgage is 19.7%.

Read more
Relative ZHVI
- +

Town of Watertown Market Overview

Data through Nov 30, 2014
  • $119,600 ZHVI
  • No data 1-yr forecast
  • $134,900 Median listing price
  • $115,015 Median sale price (Oct 31, 2014)
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Town of Watertown Market Health

Data through Nov 30, 2014
  • 7.3/10 Healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 19.7% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 4.4% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

3.5 homes Town of Watertown
4.2 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Cities

Name Median ZHVI
Hounsfield $169,300
Le Ray $157,600
Champion $151,800
Name Median ZHVI
Town of Adams $140,200
Pamelia $131,800
Rutland $126,200

Listings & Sales

Data through Nov 30, 2014
  • $89 Median list price / sq ft
  • $83 Median sale price / sq ft (Oct 31, 2014)
  • No data Listings with price cut
12.1%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Town of Watertown Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,296 Town of Watertown
    $1,388 Watertown Metro
    $1,342 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,000 Rent list price
  • $0.83 Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading