Home prices
The median home in Watertown Town is valued at $559,700. Compared to its nearby areas it is about $184,560 (24%) lower.In comparison to the US as a whole it is roughly $342,200 (157%) higher, and compared to the city of Boston it is approximately $27,000 (5%) higher.
Rents
In Watertown Town the median monthly rent is $1,853. In comparison to other places in this area it is approximately $71 (3%) lower.It is about $791 (74%) higher in comparison to the United States as a whole, and it is approximately $233 (14%) higher in comparison to the city of Boston.
Nearby places
Belmont
Belmont is Watertown Town's neighbor to the north. Real estate prices there are substantially more expensive. The price of the median home in Belmont is $859,600, which is $299,900 (34%) higher than Watertown Town. Its rents are a little more expensive. Belmont's median rent is $2,002 a month, which is $149 (7%) higher than Watertown Town.
Cambridge
Cambridge is Watertown Town's neighbor to the east. Its real estate prices are a little more expensive. The median home in Cambridge costs $768,300, which works out to $208,600 (27%) higher than Watertown Town. Rents there are a bit more expensive. In Cambridge the median monthly rent is $2,221, which is $368 (16%) higher than Watertown Town.
Newton
Newton is Watertown Town's neighbor to the southwest. Real estate prices there are a lot more expensive. Newton's median home value is $914,700, which is $355,000 (38%) higher than Watertown Town. Rent there is pretty similar. The median rent in Newton is $1,940 a month, which works out to $87 (4%) higher than Watertown Town.
Waltham
Waltham is Watertown Town's neighbor to the northwest. Housing prices there are pretty similar. The median home in Waltham is valued at $536,500, which is $23,200 (4%) lower than Watertown Town. Rent there is a little less expensive. The median monthly rent in Waltham is $1,726, which works out to $127 (7%) lower than Watertown Town.
Arlington
Arlington is roughly 3 miles north from Watertown Town. Housing prices there are a little more expensive. The price of the median home in Arlington is $642,200, which works out to $82,500 (12%) higher than Watertown Town. Rents there are a bit less expensive. The median monthly rent in Arlington is $1,730, which works out to $123 (7%) lower than Watertown Town.
