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Main Street Watertown MA 2Photo: IFCAR · Public domain
Housing in Watertown

357 homes sold in Watertown in the last year, at a typical $879K

Houses and condos split the market almost evenly. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Watertown homes are listed.

Homes sold
357
June 2025 to May 2026
Typical sale price
$879K
houses $1M · condos $671K
Price per square foot
$514
Massachusetts $392
Paid vs. asking
100.2%
42% sold over asking
For sale now
66
May 2026 · 32 sold that month
What sold · last 12 months

39% of Watertown’s sales are condos, at $373K less than a house

80 houses and 141 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$1M

typical sale · 80 sold in 12 months

Per square foot
$527MA $368
Days to sell
22
Sold over asking
55%
Listings with a price cut
43%
Condos$671K

typical sale · 141 sold in 12 months

Per square foot
$555MA $562
Days to sell
26
Sold over asking
38%
Listings with a price cut
25%
Fewer sales

Multi-family (2–4 units): 58 sold, typical $1.2M
Townhouses: 78 sold, typical $896K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 1.6 times the 2016 price

357 sales in the last year, against 438 in 2013 and a low of 277 in 2023. The typical sale went from $555K in 2016 to $879K.

Homes soldTypical sale price
0112225337450$475K$650K$825K$1M2012: 355 sold, typical $373K’122013: 438 sold, typical $425K2014: 412 sold, typical $460K’142015: 363 sold, typical $486K2016: 394 sold, typical $555K’162017: 348 sold, typical $612K2018: 363 sold, typical $646K’182019: 431 sold, typical $659K2020: 414 sold, typical $641K’202021: 423 sold, typical $711K2022: 347 sold, typical $795K’222023: 277 sold, typical $824K2024: 279 sold, typical $861K’242025: 355 sold, typical $929KLast 12 months: 357 sold, typical $879KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $900K buys in Watertown

Houseat $527 a sq ft
Condoat $555 a sq ft
The same money in Massachusettsat $368 a sq ft

Is this asking price fair?

Check a listing against what Watertown homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Watertown are rarer than before the pandemic, and more homes are for sale

We read every month of Watertown’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 357 sales.

If you’re buying in Watertown

  • Shop in September. It brings about 54 new listings a month, close to the busiest month, with fewer bidding wars (49% over asking).
  • Less room to haggle. Only 30% of listings cut their price, against 34% before the pandemic.
  • Bid near asking. Buyers paid 100.2% of the list price on average; 42% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Fall brings the homes; spring brings the bidding wars

September has the most new listings (about 54 a month), but May is the most competitive: 65% of May sales close over asking. January has the least competition (33%) but only about 22 new listings.

New listings a monthShare sold over asking
013.827.541.35527%53%80%Sweet spotJan: 22 new listings a month, 33% sold over asking, 34 days to sellJFeb: 29 new listings a month, 38% sold over asking, 33 days to sellFMar: 41 new listings a month, 54% sold over asking, 16 days to sellMApr: 48 new listings a month, 57% sold over asking, 13 days to sellAMay: 52 new listings a month, 65% sold over asking, 11 days to sellMJun: 51 new listings a month, 62% sold over asking, 11 days to sellJJul: 37 new listings a month, 62% sold over asking, 13 days to sellJAug: 27 new listings a month, 54% sold over asking, 14 days to sellASep: 54 new listings a month, 49% sold over asking, 20 days to sellSOct: 39 new listings a month, 50% sold over asking, 18 days to sellONov: 20 new listings a month, 46% sold over asking, 18 days to sellNDec: 12 new listings a month, 42% sold over asking, 20 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and about like Massachusetts as a whole

Watertown now2017–192021 peakMA now
Sold over askingShare of sales that closed above the list price42%53%51%45%
Gone within two weeksShare of homes under contract within 14 days52%64%65%49%
Listings with a price cutShare of homes for sale that cut their price30%34%25%25%
Price paid vs. askingAverage sale price ÷ list price100.2%101.4%102.3%100.4%
Days to sellMedian days from listing to contract24121927
Supply

63 homes for sale on a typical day

That’s 2.4 times the 2017 low (26), 59% more than in 2017–19 and well under 2012’s 114.

2012: 114 for sale’122013: 110 for sale2014: 97 for sale2015: 37 for sale’152016: 31 for sale2017: 26 for sale2018: 37 for sale’182019: 55 for sale2020: 51 for sale2021: 45 for sale’212022: 38 for sale2023: 31 for sale2024: 37 for sale’242025: 64 for saleLast 12 months: 63 for saleNow
Room to negotiate

1 in 3 listings has cut its price

30% in the last year, against 34% in 2017–19 and 25% across Massachusetts.

2015: 25%’152016: 28%2017: 35%2018: 34%’182019: 33%2020: 27%2021: 25%’212022: 26%2023: 24%2024: 21%’242025: 28%Last 12 months: 30%Now
Prices by type

Since 2019, houses are up 48%, condos 26%

A house typically sold for $1M in the last year (80 sales), a condo for $671K (141).

$525K$750K$975K$1.2M2013201520172019202120232025NowHouses 2013: $489K, 108 salesHouses 2014: $535K, 93 salesHouses 2015: $576K, 92 salesHouses 2016: $662K, 99 salesHouses 2017: $647K, 88 salesHouses 2018: $700K, 102 salesHouses 2019: $703K, 107 salesHouses 2020: $715K, 103 salesHouses 2021: $786K, 94 salesHouses 2022: $917K, 74 salesHouses 2023: $945K, 60 salesHouses 2024: $952K, 75 salesHouses 2025: $1.1M, 89 salesHouses last 12 months: $1M, 80 salesHouses $1MCondos 2013: $349K, 169 salesCondos 2014: $361K, 164 salesCondos 2015: $387K, 143 salesCondos 2016: $439K, 153 salesCondos 2017: $474K, 119 salesCondos 2018: $524K, 129 salesCondos 2019: $532K, 153 salesCondos 2020: $522K, 164 salesCondos 2021: $571K, 170 salesCondos 2022: $670K, 145 salesCondos 2023: $642K, 109 salesCondos 2024: $671K, 114 salesCondos 2025: $663K, 116 salesCondos last 12 months: $671K, 141 salesCondos $671K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Massachusetts

Watertown ranks 141st of 206 busy Massachusetts markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Watertown is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Watertown home costs about $5,221 a month

Mortgage
Property tax
Insurance
Rent

Price: Watertown’s typical sale, last 12 months. Property tax at Watertown’s 0.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Watertown is affordable on local pay is on Cost of living.

Before you buy in Watertown

Six things worth knowing

54

New listings in September

The month with the most choice. December has the fewest, about 12.

Best time to buy
0.9%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $879K home, about $7,620 a year.

Taxes vs. neighbors
B−

Schools

The schools grade for Watertown, from test results, graduation and how much students grow.

Schools in Watertown
28 min

Typical commute

The average one-way trip to work for people who live in Watertown.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Waltham sells for less a square foot; Cambridge and Brookline for far more

The busier markets within 25 miles of Watertown, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Newton882$1.5M$58931%30
Cambridge670$1.2M$90341%28
Brookline569$1.3M$79433%31
Arlington461$1.1M$61053%16
Waltham387$813K$46444%24
Watertown357$879K$51442%24
Belmont202$1.4M$63244%23

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Watertown, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Watertown. People who follow the town see it, and so do people comparing Watertown with their own town. No commission, no listing fee.

Questions about buying a home in Watertown

What do homes sell for in Watertown, MA?

357 homes sold in the year to May 2026 at a typical $879K, $514 a square foot. Houses sold for about $1M, condos for about $671K.

Is Watertown a buyer’s or seller’s market?

A seller’s market: 66 homes were for sale in May 2026 and 32 sold, about 2.1 months of supply. Buyers paid 100.2% of asking on average, and 30% of listings cut their price.

When is the best time to buy in Watertown?

September brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Watertown?

About 0.9% of a home’s value a year. On a $879K home that’s near $7,620.

Where can I see homes for sale in Watertown?

Zillow, Redfin, Realtor.com and Homes.com all carry Watertown’s MLS listings; the search links above open each one filtered to Watertown.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).