Is Watertown, MA 02472 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Watertown is a seller’s market. With about 1.7 months of supply and 36% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score76/ 100

More competitive than 81% of U.S. ZIP codes, and #247 of 362 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply1.7Under 4 months = seller’s market
Sold above original list36.4%Share of sales, last 3 months
Median sale-to-list99.7%Sold price ÷ list price
Median days on market22Listing to accepted offer
Median price per sq ft$507▼ −3.0% vs. last year

The Watertown housing market right now

In the three months ending August 31, 2026, 36% of homes in Watertown, MA 02472 sold above their list price, the typical home went under contract in 22 days and there were 1.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 110 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (38% then), homes sold more slowly (20 days then) and the median sale price rose 2% to $869,624. Overall, Watertown is about as competitive as it was a year ago.

Within Middlesex County, homes here sell more slowly than in 71% of the county’s ZIP codes, and sell less often over asking than in 85%. On our competition score, Watertown ranks #247 of 362 MA ZIP codes with enough sales (score 76 out of 100).

Nearby, buyers who want less competition could look at Newton Lower Falls 02462 (0% sold over asking) or Cambridge 02142 (0% sold over asking), while Acton 01718 (100% sold over asking) and Dunstable 01827 (78% sold over asking) are even more competitive.

Nearby markets

Acton 01718 $291 /sq ftActon 01720Seller’s market $385 /sq ftArlington 02474Seller’s market $598 /sq ftArlington 02476Seller’s market $609 /sq ft Browse all markets →

Where Watertown is

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Questions about Watertown real estate

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

A seller’s market: there were 1.7 months of supply in Watertown, MA 02472 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Watertown?

The typical home went under contract in 22 days in the latest three months.

Do homes in Watertown sell over asking?

36% of homes sold above their original list price, and the typical sale closed at 99.7% of the list price.

What are property taxes in Watertown?

About 1.03% of a home’s value a year in Middlesex County, or roughly $4,120 on a $400,000 home.

What is the median home price in Watertown?

The median sale price was $869,624 in the three months ending August 31, 2026, about $507 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology