The housing market in Watertown, CT is doing very well compared to the national median. With a median value of $316,400, it is slightly below the US House Median Value of $338,100. However, over the past year the housing appreciation in Watertown has been 11.76%, which is much higher than the 8.27% national average for house appreciation. This indicates that investing into property in Watertown could be a great opportunity as buyers are likely to see significant returns on their investment.
The median home cost in Watertown is $316,400. Home appreciation the last 10 years has been 52.2%. Home Appreciation in Watertown is up 13.4%.
Average Age of Homes
- The median age of Watertown real estate is 51 years old
The Rental Market in Watertown
- Renters make up 16.5% of the Watertown population
- 0.3% 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.