Watertown, MA Real Estate

According to census data in the year 2000 there were 15,008 housing units in Watertown. This represents a 1.8% growth from 14,748 in 1990.

Of those housing units, 15,008 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Watertown is about 47.1%. Watertown's vacancy rate, including seasonal lodging, is about 2.5%. Average household size is 2.17 people.

The majority of houses, apartments or condos in Watertown were built after 1942.


Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom14.90%
Two Bedrooms42.40%
Three Bedrooms28.50%
Four Bedrooms9.90%
Five Bedrooms or more3.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.31
Median year structure was built1939
Median Value of occupied units$270,600
Median Price asked for vacant units$196,900

Rented Homes, Apartments and Condos

Average Household Size2.05
Median year structure was built1947
Median Monthly Rent asked for vacant units$1,261

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.50%
Home Equity Loan8%
Simple Mortgage48.90%
Debt Free38.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.3%