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

$139,800

  • 5.1% 1-year change
  • None 1-year forecast

The median home value in Watertown is $139,800. Watertown home values have gone up 5.1% over the past year. The median list price per square foot in Watertown is $92, which is higher than the Beaver Dam Metro average of $89. The median price of homes currently listed in Watertown is $149,900 while the median price of homes that sold is $136,575. The median rent price in Watertown is $710.

Foreclosures will be a factor impacting home values in the next several years. In Watertown 2.0 homes are foreclosed (per 10,000). This is lower than the national value of 4.0

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 Sep 30, 2014
  • $139,800 ZHVI
  • No data 1-yr forecast
  • $149,900 Median listing price
  • $136,575 Median sale price (Aug 31, 2014)
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Watertown Market Health

Data through Sep 30, 2014
  • 3.2/10 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
  • 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)

2 homes Watertown
4 homes United States
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Nearby Cities

Name Median ZHVI
Sullivan $201,200
Ixonia $185,600
Helenville $182,600
Name Median ZHVI
Neosho $178,300
Johnson Creek $177,100
Jefferson $145,100
Name Median ZHVI
Hustisford $140,400
Juneau $138,000
Reeseville $114,200

Listings & Sales

Data through Sep 30, 2014
  • $92 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 48.2% Listings with price cut
31.1%
Sold below listing
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Watertown Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $1,135 Watertown
    $1,072 Beaver Dam Metro
    $1,335 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)
  • $710 Rent list price
  • $0.64 Rent list price / sq ft
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