Market Overview
Home Prices in Watertown, NY
The median home value in Watertown, NY is $207,760 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.6% compared to a year ago and up 1.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Watertown are priced49% below average. Watertown is part of the Watertown-Fort Drum, NY metro area.
Price History
Watertown Home Price Trend
2024
$197,651
$198K
—
2025
$200,453
$200K
+1.4%
2026
$207,760
$208K
+3.6%
City Comparison
Watertown vs. National Median
🏠 Watertown
$207,760
National Median
$410,000
At $207,760, homes in Watertown cost 49% below the national median of $410,000. This makes Watertown a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Watertown?
20% Down Payment
$41,552
on $207,760
Monthly P&I
$1,084/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,377/mo
incl. taxes & insurance
Income Needed
$55,080
gross annual (30% rule)
10% Down Option
$20,776
+ PMI applies
Loan Amount (20% dn)
$166,208
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Watertown, NY?
The median home value in Watertown is $207,760 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.6% year-over-year.
How much have home prices changed in Watertown?
Over the past year, home values in Watertown have increased by 3.6%.
How much do I need to earn to buy a home in Watertown?
To comfortably afford the median home price of $207,760 with a 20% down payment ($41,552) at today's rates (6.8%), you'd need a gross annual income of approximately $55,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Watertown compare to the national average home price?
The national median home value is approximately $410,000. At $207,760, homes in Watertown are 49% below the national average.
What metro area is Watertown part of?
Watertown is part of the Watertown-Fort Drum, NY metropolitan area. Home prices and market conditions can vary across the broader metro region.