Watertown Home Prices & Values

$135,200 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • -0.5% 1-year change
  • No data 1-year forecast

The median home value in Watertown is $135,200. Watertown home values have declined -0.5% over the past year. The median list price per square foot in Watertown is $90, which is lower than the Beaver Dam Metro average of $90. The median price of homes currently listed in Watertown is $135,000 while the median price of homes that sold is $152,600. The median rent price in Watertown is $695.

Foreclosures will be a factor impacting home values in the next several years. In Watertown 1.9 homes are foreclosed (per 10,000). This is lower than the national value of 4.4

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 Watertown is 4.7%, which is lower than the national value of 6.9%. 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 Watertown homeowners underwater on their mortgage is 17.8%.

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Relative ZHVI
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Watertown Market Overview

Data through Jul 31, 2014
  • $135,200 ZHVI
  • No data 1-yr forecast
  • $135,000 Median listing price
  • $152,600 Median sale price (Jun 30, 2014)
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Watertown Market Health

Data through Jul 31, 2014
  • 5.0/10 Stable What's This?  
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    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
  • 17.8% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 4.7% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

1.9 homes Watertown
4.4 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Sullivan $196,700 Neosho $187,400 Helenville $175,200
Ixonia $171,500 Johnson Creek $168,700 Hustisford $140,800
Jefferson $139,900 Juneau $135,900 Reeseville $124,200

Listings & Sales

Data through Jul 31, 2014
  • $90 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 37.2% Listings with price cut
22.1%
Sold below listing
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Watertown Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,093 Watertown
$1,060 Beaver Dam Metro
$1,318 United States
  • No data Breakeven horizon
  • $695 Rent list price
  • No data Rent list price / sq ft
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