59Alpha

Watertown, NY metro area Housing Market Brief

metro · NY · as of August 2026

Balanced

What is Watertown, NY 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 Momentum20%
+14.262
Inventory Health25%
-6.132
Affordability20%
-6.460
Economic Strength20%
67
Rental Yield15%
-4.289

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

EmergingGrowingMaturePeakingDecliningRecovering

Watertown, NY metro area is classified as Declining cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

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

Our model forecasts Watertown, NY metro area’s home prices to rise about 7.8% over the next 12 months (medium confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Watertown, NY metro area housing market data

MetricValueYoY
Median Sale Price$268K▲ +6.8%
Median Days on Market53 days0%
Months of Supply5.5▲ +19.6%
Homes for Sale610▲ +12.3%
Homes Sold114-6.6%
Median Price / Sq Ft$147-2.4%

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

Now: 59
12-period trend
Median sale price · 12 mo

Markets like Watertown, NY metro area

Frequently asked questions

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

As of August 2026, Watertown, NY metro area is classified as a Balanced Market, based on its Alpha Score of 59 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

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

The median sale price in Watertown, NY metro area is $268K, having risen 6.8% over the past year.

How affordable is Watertown, NY metro area?

Watertown, NY metro area scores 60 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.

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

Watertown, NY metro area's strongest dimension is Rental Yield (89/100) and its weakest is Inventory Health (32/100). The Alpha Score is a weighted blend of all five dimensions.

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