Why Live in Waterman
Waterman, a neighborhood just north of downtown Harrisonburg, features 20th-century homes and a tranquil atmosphere. The area is about a mile from James Madison University, yet college students rarely reside here, maintaining a relaxed environment. Residents enjoy proximity to downtown's dining and shopping options, including The Little Grill Collective and Clementine Café for brunch, and Bella Luna Wood-Fired Pizza for dinner followed by dessert at Bella Gelato. The neighborhood is characterized by brightly colored bungalows, American Foursquares, ranches, and Colonial Revivals, with occasional duplexes and multifamily homes. Waterman Drive hosts industrial businesses, while La Morena, a Mexican convenience store and restaurant, is a local dining spot. Downtown Harrisonburg, a mile away, offers more dining and retail options, including the Liberty Street Mercantile and the Shops at Agora. East Market Street, 3 miles southeast, features national retailers like Kroger and Target. Morrison Park, centrally located in Waterman, provides recreational facilities such as playgrounds, pickleball courts, and a jogging track. Westover Park, less than a mile south, offers a disc golf course, an aquatic area, and access to the Friendly City Trail. The neighborhood is safer than the national average, and Harrisonburg High is a highly rated school. Public transportation is available via the Harrisonburg Department of Public Transportation, and Interstate 81 is 2 miles away, connecting residents to major highways.
Frequently Asked Questions
Is Waterman a good place to live?
Waterman is a good place to live. Waterman is considered somewhat walkable and bikeable with minimal transit options. Waterman has 2 parks for recreational activities. It is somewhat dense in population with 6.8 people per acre and a median age of 36. The average household income is $69,821 which is below the national average. College graduates make up 34.6% of residents. A majority of residents in Waterman are home owners, with 47% of residents renting and 53% of residents owning their home. A
local real estate agent serving Waterman can help you decide if this neighborhood is the right one for you. Learn more on our
Waterman neighborhood guide.
How much do you need to make to afford a house in Waterman?
The median home price in Waterman is $324,900. If you put a 20% down payment of $65,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,680 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $72K a year to afford the median home price in Waterman. The average household income in Waterman is $70K.
What are the best public schools in Waterman?
The best public schools that serve Waterman are:
What are the best private schools in Waterman?
The best private schools that serve Waterman are:
What are the most popular zip codes in Waterman, Harrisonburg, VA?
What are the most popular neighborhoods near Waterman, Harrisonburg, VA?
Home Trends in Waterman, VA
On average, homes in Waterman, Harrisonburg sell after 115 days on the market compared to the national average of 70 days. The median sale price for homes in Waterman, Harrisonburg over the last 12 months is $595,000.
Median Sale Price
$595,000
Median Single Family Sale Price
$315,000
Average Price Per Sq Ft
$254
Number of Homes for Sale
1
Last 12 months Home Sales
4
Median List Price
$324,900
Median Change From 1st List Price
8%