Sep 2026
$250K
+1.5% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Watertown, NY housing market
Watertown, NY metro median sale price $250K in Sep 2026, up 1.5% year over year. Also days on market, price cuts, affordability and ZIP-code figures.
The median sale price in the Watertown, NY metro is $250K as of Sep 2026, up 1.5% from a year earlier. That change sits near the middle of the 383 U.S. metros Pecan Street ranks on this measure. FHFA's repeat-sales index for the metro shows a larger change, up 8.9% through Q2 2026, 7.4 points apart; Price reconciliation below shows both.
On median sale price, Watertown ($250K) ranks 10th of the 13 New York metros Pecan Street tracks, between Syracuse ($293K) and Utica ($237K). Watertown has the most median days on market of the 13 New York metros (69 days), ahead of Kingston (64 days). On share of listings with a price cut, Watertown (28%) ranks 9th of the 13 New York metros, between Kingston (29%) and Syracuse (27%).
Listings spent a median 69 days on market in Sep 2026, more than in most of the 385 metros. 28% of active listings carry a price cut, 10.7 points fewer than a year earlier. That share is lower than in most of the 385 metros. Median asking prices sit about 8% above the median sale price.
At the 7.29% 30-year fixed rate with 20% down, principal and interest on a median-priced home come to $1,373 a month; at 28% of gross income, that takes about $59K a year. The median sale price equals about 10 years of HUD Fair Market Rent, a ratio down 3.0% from a year earlier. That ratio is the 6th-lowest of the 373 metros. Active listings ask a median $156 per square foot, up 0.9% from a year earlier.
Median list prices are higher than a year earlier in two of the four ZIP codes in the table below and lower in two.
Headline
Oct 15, 2026
7.29%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$1,373/mo
$59K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Watertown compares to other U.S. metros
| Price-to-rent | ↓368th of 373 |
|---|---|
| Price cuts | ↓331st of 385 |
| Days on market | ↑91st of 385 (top 24%) |
| Asking-vs-sale gap | ↑114th of 292 (top 40%) |
| Home-price growth | 218th of 383 |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 10 -3.0% YoY ↓368th of 373 |
|---|---|
| Asking price / sq ft | $156 +0.9% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 28% -10.7 pts YoY ↓331st of 385 |
|---|
The median asking price $270K runs about 8% above the median sale price $250K.
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Sep 2026. Asking is the median list price of active listings (Realtor.com, this month); sale is the headline median of recent closings (Redfin, a rolling 3-month median) — distinct sources and windows, so the gap is a directional read, not a like-for-like difference. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 4 shown of 34 |
|---|---|
| MLS board of record | — |
| Price methodology | Redfin vs FHFA HPI |
| Data as of | Sep 2026 |
Recent signals
No signals flagged for this market right now.
Recent notable readings
- Zillow home values were lower than a year earlier in none ZIP codes across the Watertown metro (Sep 2026): the 22nd-lowest share among the 274 U.S. metros Pecan Street tracks with enough ZIP-level data to compare.
- The FHFA house price index for the metro has risen 80% since Q4 2008: the 31st-smallest rebound of the 382 metros whose prices fell. Q2 2026 is its highest reading on record.
Readings from the latest data that sit at one end of the U.S. metros Pecan Street tracks, from the nightly cross-metro comparison. They are not signal alerts.
Price reconciliation
red · 7.4ppRedfin (metro) +1.5% | FHFA HPI · Q2 2026 +8.9% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
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Start free trialZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 13601 | $200K↓ | 146↑ | 32↑ | 36↓ | 59↓ | $206K↑ |
| 13607 | $757K↑ | 31↑ | 2↑ | 2↓ | 113↑ | $286K↑ |
| 13619 | $216K↓ | 60↑ | 10↑ | 24↓ | 62↓ | $206K↑ |
| 13624 | $607K↑ | 30↑ | 8↑ | 6↑ | 77↑ | $331K↑ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.