55Alpha

Watertown, NY metro area Housing Market Brief

metro · as of May 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%
-33.847
Inventory Health25%
-5.938
Affordability20%
65
Economic Strength20%
No data
50
Rental Yield15%
84

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

EmergingGrowingMaturePeakingDecliningRecovering

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

Watertown, NY metro area housing market data

MetricValueYoY
Median Sale Price$247K-1.2%
Median Days on Market69 days-20.7%
Months of Supply6.6▲ +20%
Homes for Sale466-2.7%
Homes Sold71-18.4%
Median Price / Sq Ft$139▲ +12.1%
Sale-to-List Ratio96.9%-1.2%

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

Now: 55
4-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 May 2026, Watertown, NY metro area is classified as a Balanced Market, based on its Alpha Score of 55 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 $247K, having fallen 1.2% over the past year.

How affordable is Watertown, NY metro area?

Watertown, NY metro area scores 65 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 (84/100) and its weakest is Inventory Health (38/100). 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.