Home Values

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

$141,100

  • 4.0% 1-year change
  • None 1-year forecast

The median home value in Watertown is $141,100. Watertown home values have gone up 4.0% over the past year. The median list price per square foot in Watertown is $96, which is higher than the Beaver Dam Metro average of $84. The median price of homes currently listed in Watertown is $149,900 while the median price of homes that sold is $147,515. The median rent price in Watertown is $710, which is higher than the Beaver Dam Metro median of $655.

Foreclosures will be a factor impacting home values in the next several years. In Watertown 0.6 homes are foreclosed (per 10,000). This is lower than the national value of 3.9

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 3.6%, which is lower than the national value of 6.3%. 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 21.7%.

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Relative ZHVI
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Watertown Market Overview

Data through Feb 28, 2015
  • $141,100 ZHVI
  • No data 1-yr forecast
  • $149,900 Median listing price
  • No recent data Median sale price
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Watertown Market Health

Data through Feb 28, 2015
  • 3.0/10 Less 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
  • 21.7% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 3.6% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

0.6 homes Watertown
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Sullivan $188,900
Neosho $181,500
Helenville $175,200
Name Median ZHVI
Johnson Creek $173,600
Ixonia $164,300
Jefferson $142,800
Name Median ZHVI
Hustisford $131,700
Juneau $129,300
Reeseville $119,900

Listings & Sales

Data through Feb 28, 2015
  • $96 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 15.1% Listings with price cut
30.1%
Sold below listing
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Watertown Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,166 Watertown
    $1,134 Beaver Dam Metro
    $1,355 United States

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

  • 2.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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