Housing in Watertown, TN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$85,000

Median List Price

$314,900

Price Per Sq Ft

$75

Days on Market

85

Active Inventory

7

Months of Supply

2.3

Seller's market

Zillow Home Value

$407,979

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 45.2%List Price 23.2%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

33.3%

Off Market in 2 Weeks

20.0%

Sale-to-List Ratio

80.1%

Buyer's market

Sold Above Asking
33.3%
Under Contract in 2 Wks
20.0%

Market Activity

Source: Redfin

Homes Sold

3

New Listings

3

Pending Sales

5

Homes Sold 0.0%New Listings 25.0%Pending 0.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$75

Median List $/SF

$262

Sale $/SF 56.1%List $/SF 12.9%Mar 24Jan 26

Watertown vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Watertown is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$228,400

Median Rent

$1,036

Total Housing Units

652

Vacancy Rate

5.7%

Owner Occupied

67.6%

Renter Occupied

32.4%

Median Property Tax

$977

per year

Monthly Cost (w/ Mortgage)

$926

Housing Types

Single Family
83.6%
Multi-Family
7.7%
Mobile Home
8.7%

The current median sale price in Watertown, TN is $85,000 according to Redfin data. Homes spend a median of 85 days on the market. 33.3% of homes sold above asking price. The market has 2.3 months of supply. The median price per square foot is $75. The median rent is $1,036 per month (Census ACS). About 67.6% of housing units are owner-occupied. The median year homes were built is 1977. There are 652 total housing units.