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Watertown Town, MA

Full City Profile · Massachusetts · Suffolk County County

3.5 /5.0
B+ Good
35,270 Population 7,242/sq mi density
$123,422 Median Income $72,891 per capita
$737,600 Home Value $1,409,985 Zillow
$2,357 Median Rent 27.0% income on rent
51°F Avg Temperature 246 sunny days/yr
80 Violent Crime/100K 881 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$123,422 median income, 4.0% unemployment
B
Affordability
3.3 / 5.0
$737,600 home value, $2,357/mo rent
F
Safety
1.0 / 5.0
80 violent crimes/100K
A+
Education
5.0 / 5.0
67.2% bachelor's degree or higher

Housing Overview

Median Home Value
$737,600
162% above
US avg: $281,900
Median Rent
$2,357/mo
103% above
US avg: $1,163/mo
Homeownership Rate
48.8%
25% below US avg (65.4%)
Total Housing Units
16,767
Median year built: 1945

Home Value by Source

Census Median
$737,600
Zillow (ZHVI)
$1,409,985
Median Sale Price
$875,000
Median List Price
$949,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

48.8%
Owner-Occupied
51.2%
Renter-Occupied
49%
51%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,727/mo
1 Bedroom
$1,822/mo
2 Bedroom
$2,300/mo
3 Bedroom
$2,858/mo
4 Bedroom
$3,232/mo
Census median rent: $2,357/mo

Market Indicators (Redfin)

Median Days on Market
22 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
19
Price Drops
16.3%
of listings with price reduction
Price Per Sq Ft
$493
Active Inventory
43
homes for sale

Affordability & Housing Stock

Rent Burden
27.0%
of renters spending 30%+ of income on housing
13% below US avg (31.0%)
Median Year Built
1945
Average age of housing stock: 81 years
Homeownership Rate
48.8%

Complete Housing Data

Home Values

Census Median Value$737,600
Zillow Home Value (ZHVI)$1,409,985
Median Sale Price$875,000
Median List Price$949,000
Price Per Sq Ft$493

Rent

Census Median Rent$2,357
FMR Studio$1,727
FMR 1-Bedroom$1,822
FMR 2-Bedroom$2,300
FMR 3-Bedroom$2,858
FMR 4-Bedroom$3,232

Market

Days on Market22
Sale-to-List Ratio1.0%
Price Drops16.3%
Homes Sold19
Active Inventory43
Price Per Sq Ft$493

Ownership & Stock

Owner-Occupied48.8%
Renter-Occupied51.2%
Homeownership Rate48.8%
Total Housing Units16,767
Median Year Built1945
Rent Burden27.0%