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Watertown, TN

Full City Profile · Tennessee · Wilson County County

3.0 /5.0
B Good
1,511 Population 1,049/sq mi density
$62,991 Median Income $29,044 per capita
$228,400 Home Value $408,690 Zillow
$1,036 Median Rent 28.1% income on rent
59°F Avg Temperature 299 sunny days/yr
66 Violent Crime/100K 856 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$62,991 median income, 2.4% unemployment
A+
Affordability
4.6 / 5.0
$228,400 home value, $1,036/mo rent
F
Safety
1.0 / 5.0
66 violent crimes/100K
C
Education
2.2 / 5.0
14.6% bachelor's degree or higher

Housing Overview

Median Home Value
$228,400
19% below
US avg: $281,900
Median Rent
$1,036/mo
11% below
US avg: $1,163/mo
Homeownership Rate
67.6%
3% above US avg (65.4%)
Total Housing Units
676
Median year built: 1976

Home Value by Source

Census Median
$228,400
Zillow (ZHVI)
$408,690
Median Sale Price
$259,680
Median List Price
$350,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

67.6%
Owner-Occupied
32.4%
Renter-Occupied
68%
32%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$882/mo
1 Bedroom
$924/mo
2 Bedroom
$1,118/mo
3 Bedroom
$1,445/mo
4 Bedroom
$1,644/mo
Census median rent: $1,036/mo

Market Indicators (Redfin)

Median Days on Market
57 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
2
Price Drops
14.3%
of listings with price reduction
Price Per Sq Ft
$218
Active Inventory
7
homes for sale

Affordability & Housing Stock

Rent Burden
28.1%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
1976
Average age of housing stock: 50 years
Homeownership Rate
67.6%

Complete Housing Data

Home Values

Census Median Value$228,400
Zillow Home Value (ZHVI)$408,690
Median Sale Price$259,680
Median List Price$350,000
Price Per Sq Ft$218

Rent

Census Median Rent$1,036
FMR Studio$882
FMR 1-Bedroom$924
FMR 2-Bedroom$1,118
FMR 3-Bedroom$1,445
FMR 4-Bedroom$1,644

Market

Days on Market57
Sale-to-List Ratio0.9%
Price Drops14.3%
Homes Sold2
Active Inventory7
Price Per Sq Ft$218

Ownership & Stock

Owner-Occupied67.6%
Renter-Occupied32.4%
Homeownership Rate67.6%
Total Housing Units676
Median Year Built1976
Rent Burden28.1%