56Alpha

Watertown, WI metro area Housing Market Brief

metro · WI · score computed October 2026

Balanced

What is Watertown, WI metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum—No data
—
Inventory Health31%
●58

Population band 3 of 5 (population 58,778–112,360) · comparable within its band

Affordability25%
●47
Economic Strength25%
+3.385
Rental Yield19%
●24

Where is Watertown, WI metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Watertown, WI metro area is classified as Growing — strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Watertown, WI metro area?

Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Watertown, WI metro area housing market data

MetricValueYoYSource
Median Sale Price$349K▼ -0.2%Redfin
Median Days on Market42 days▼ -14.3%Redfin
Months of Supply3.3▲ +13.8%Redfin
Homes for Sale245▲ +21.3%Redfin
Homes Sold75▲ +7.1%Redfin
Median Price / Sq Ft$202▼ -3.2%Redfin

How has Watertown, WI metro area’s Alpha Score moved?

Now: 56
2-period trend
Median sale price · 12 mo

Markets like Watertown, WI metro area

Frequently asked questions

Is Watertown, WI metro area a buyer's or seller's market?

In the scores computed October 2026, Watertown, WI metro area is classified as a Balanced Market, based on its Alpha Score of 56 out of 100. It is based on the 4 of five dimensions we can measure for this market — building, affordability, economic, and rental-yield — whose weights are scaled up to cover the whole score. The rest are not measured here and are left out rather than filled in with a placeholder.

Are home prices rising or falling in Watertown, WI metro area?

The median sale price in Watertown, WI metro area is $349K, having held roughly steady over the past year, according to Redfin.

How affordable is Watertown, WI metro area?

Watertown, WI metro area scores 47 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Watertown, WI metro area's Alpha Score?

Watertown, WI metro area's strongest dimension is Economic Strength (85/100) and its weakest is Rental Yield (24/100). The Alpha Score is a weighted blend of five dimensions; 4 of them have data for this market.

Want the live, interactive view of Watertown, WI metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.