Watertown, NY is a great place to live with a median house value of $151,200. This is significantly lower than the national median house value of $338,100. Despite the lower cost of housing in Watertown when compared to other parts of the US, it still has seen an impressive one-year appreciation rate of 9.27%, higher than the national average of 8.27%. It's possible that this appreciation may continue as more people are drawn to Watertown due to its affordability and proximity to major cities like Syracuse and Albany. With such a positive outlook on housing in Watertown, it's no wonder why so many people are choosing to call it home.
The median home cost in Watertown is $151,200. Home appreciation the last 10 years has been 30.9%. Home Appreciation in Watertown is up 11.4%.
Average Age of Homes
- The median age of Watertown real estate is 78 years old
The Rental Market in Watertown
- Renters make up 54.2% of the Watertown population
- 3.7% of houses and apartments in Watertown, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.