What is the median home value in Watertown, MA?
The median value of owner-occupied homes in Watertown, MA is $784,600 (±$31,188), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
Figures last updated on .
- Median home value
- $784,600 (±$31,188)
- Owner-occupied homes
- 7,814 (±564)
- Most common range
- $500,000 to $999,999
Home values in Watertown
| Value | Watertown | Middlesex County | Massachusetts | United States |
|---|---|---|---|---|
| Less than $50,000 | 0.9% (±0.6 points) | 1.3% | 1.9% | 5.3% |
| $50,000 to $99,999 | 0.5% (±0.6 points) | 0.8% | 1.0% | 6.1% |
| $100,000 to $149,999 | 0.0% (±0.5 points) | 0.6% | 1.1% | 6.8% |
| $150,000 to $199,999 | 0.0% (±0.5 points) | 0.7% | 2.0% | 9.0% |
| $200,000 to $299,999 | 2.2% (±1.4 points) | 2.8% | 8.5% | 17.8% |
| $300,000 to $499,999 | 11.2% (±3.0 points) | 16.5% | 28.7% | 26.9% |
| $500,000 to $999,999 | 64.1% (±4.9 points) | 53.4% | 43.2% | 20.9% |
| $1,000,000 or more | 21.0% (±3.5 points) | 24.0% | 13.7% | 7.1% |
The most common range is $500,000 to $999,999, 64.1% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Watertown against Middlesex County, its state and the nation
| Watertown | Middlesex County | Massachusetts | United States | |
|---|---|---|---|---|
| Median home value | $784,600 (±$31,188) | $727,800 (±$3,891) | $562,100 (±$2,169) | $332,700 |
| Owner-occupied homes | 7,814 (±564) | 388,893 (±2,870) | 1,741,158 (±8,598) | 84,210,142 |
In Watertown, the median home value is higher than in Middlesex County ($727,800).
It is also higher than in Massachusetts ($562,100).
It is higher than the national figure ($332,700).
In Middlesex County, Watertown ranks 21 of 54 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 60 of 351.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Median home value in places near Watertown
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Watertown | — | $784,600 (±$31,188) | — |
| Belmont (community) | 1.8 mi | $1,159,000 (±$33,086) | Higher |
| Belmont | 1.8 mi | $1,159,000 (±$33,086) | Higher |
| Newton | 3.0 mi | $1,264,900 (±$43,175) | Higher |
| Cambridge | 3.1 mi | $1,092,100 (±$42,162) | Higher |
| Arlington (community) | 3.5 mi | $933,800 (±$23,081) | Higher |
| Arlington | 3.5 mi | $933,800 (±$23,081) | Higher |
| Waltham | 3.5 mi | $748,700 (±$27,073) | Not measurably different |
| Brookline (community) | 3.6 mi | $1,246,800 (±$66,806) | Higher |
Nearby places with a measurably higher figure: Belmont (community), MA ($1,159,000), Belmont, MA ($1,159,000), Newton, MA ($1,264,900).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Middlesex County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 15 | Bedford | $898,500 (±$42,993) |
| 16 | Melrose | $822,900 (±$19,886) |
| 17 | Natick | $821,000 (±$25,234) |
| 18 | Reading | $809,000 (±$21,607) |
| 19 | Acton | $807,300 (±$20,323) |
| 20 | Hopkinton | $802,700 (±$38,905) |
| 21 | Watertown | $784,600 (±$31,188) |
| 22 | Medford | $755,500 (±$23,189) |
| 23 | Waltham | $748,700 (±$27,073) |
| 24 | Westford | $748,500 (±$31,732) |
| 25 | Groton | $743,400 (±$46,491) |
| 26 | Burlington | $740,600 (±$34,876) |
| 27 | Stow | $729,600 (±$38,580) |
Showing 13 of 54 places in Middlesex County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Watertown
What is the average home value in Watertown, MA?
The Census Bureau publishes the median: $784,600 (±$31,188) for owner-occupied homes in Watertown (2020–2024 American Community Survey).
Is this what homes in Watertown sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Watertown city, Massachusetts
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Watertown city, Massachusetts
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Watertown city, Massachusetts
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Watertown city, Massachusetts
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Watertown city, Massachusetts (place:73405, in state:25).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
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