Watertown, NY Home Values & Market Trends

Real estate market trends reflect that there have been 623 transactions over the past year in Watertown. The median value for residential home transactions that occurred over the previous year is $172,787.23. The number of current listings in Watertown is 41, and the percentage of properties for sale in the city is 41.00%. Watertown, NY currently has 95 properties in foreclosure, 2 bank owned properties, 5 properties headed for auction, and 41 properties for sale.

Watertown, NY Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
13601

$ 207,992

$ 112/sqft

13603

$ --

$ --

Housing Market Summary for Watertown, NY

Mar 2023February 2024Change
Median Listing Price$174.5K$168.8K-3.24%
Median Sold Price$165K$168.8K2.33%
Homes For Sale4641-10.87%
Homes Sold296278-6.08%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Watertown, NY

Watertown home values range from $20,514 to $1,219,735. The median estimated value of a home in Watertown is $172,787.23. The median list price of a home is 215,000, and the total count of properties in the city is 9,649.

Foreclosure
There are 2 zips within Watertown, NY; within these zips, the median estimated home value for homes in foreclosure ranges from $626,867 in 13601 to the lowest value of $45,454 in 13601. Foreclosure homes account for 0.00% of properties in Watertown, NY with 13601 containing 95 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.91% of all residential properties in Watertown, NY with 13601 containing 88 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Watertown, NY; of those zips, the estimated home value for pre-foreclosure homes ranges from $626,867 in 13601 to the lowest home value of $45,454 in 13601.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Watertown, NY ranges from the highest value of $200,882 in 13601 to the lowest value of $154,543 in 13601. Bank owned homes and properties account for 0.02% of properties in Watertown, NY. There are 2 zips within Watertown, NY; 13601 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    13601 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Watertown, NY. Auction homes and other auction properties account for 0.05% of all properties in Watertown, NY. There are 2 zips within Watertown, NY; of those zips, the median estimated home value for homes going to auction ranges from $178,255 in 13601 to the lowest value of $100,665 in 13601.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.42% of residential properties in Watertown, NY with 13601 containing 42 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Watertown, NY; homes for sale in those zips, have a range of median values from $759,900 in 13601 to the lowest value of $101,651 in 13601.
    Sold Homes
    The median value for recently sold homes ranges from $592,596 in 13601 to the lowest price of $25,198 in 13601. There are 2 zips within Watertown, NY. 13601 has 259 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.67% of properties in Watertown, NY.

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      Guide for Watertown, NY

      Market Reports
      Rochester Real Estate: A Year of Growth and Potential
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      NYC Real Estate Rises: 8% Surge in Property Values Aug 2023-Jan 2024
      New York
      Buffalo Real Estate Market Soars in 2023
      Investment Guides
      Will Downtowns Go From Offices to Apartments?
      See More Articles
      Rochester Real Estate: A Year of Growth and Potential
      Market Reports|posted 13 March 2024

      Amid rapid fluctuations in the Rochester real estate sector, a steady increase in the average sale price per square foot has been observed from March 2023 to February 2024. Surrounding cities like East Rochester, Webster, Penfield, Spencerport, and West Henrietta have experienced unique trends, providing a diverse regional real estate climate.

      NYC Real Estate Rises: 8% Surge in Property Values Aug 2023-Jan 2024
      Market Reports|posted 27 February 2024

      New York City’s real estate market from August 2023 to January 2024 witnessed roughly an 8% increase in average property values, along with fluctuations in per square foot values and sold prices.

      Buffalo Real Estate Market Soars in 2023
      New York|posted 19 January 2024

      An increase is house prices but a slowdown of homes sold in September

      Will Downtowns Go From Offices to Apartments?
      Investment Guides|posted 15 February 2022

      With more people working from home, there's an of excess office spaces. Older buildings may be up for apartment conversions especially with proposed tax breaks