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Watertown

Watertown

Located in Middlesex County

$955,926 Average Value
$552 Average Price per Sq Ft
55 Homes For Sale

Proximity to Boston is bringing economic growth to Watertown

Watertown was one of the oldest settlements of the Massachusetts Bay Colony, and it honors that past with a heavy nod toward the future. Unlike some other neighboring Boston suburbs, Watertown is an active community in and of itself. “It used to be a cozy little blue-collar town,” says Jamie Venezia, real estate agent and owner of Delaney & Venezia, who was born and raised in Watertown. “Proximity to Boston has driven a lot of money into the town, and it’s changing rapidly.” Modern residents enjoy innovative restaurants, parks, public transportation and some of the best access to the Charles River outside of Boston.

The village of Watertown was incorporated in 1630.
The village of Watertown was incorporated in 1630.
The town of Watertown is the perfect suburb with really close access to Boston.
The town of Watertown is the perfect suburb with really close access to Boston.
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Arsenal Yards is a popular shopping and dining destination

The West End has a handful of solid restaurants, including Roksana’s Persian Food and Boston-based chain Not Your Average Joe’s. Most of the town’s highest-rated dining destinations, however, are in the more commercial East Watertown. Diners can find the retro Deluxe Town Diner as well as several Armenian delis and bakeries, including Massis Bakery — a local institution since 1938. Watertown, at this point, is probably most known regionally for Arsenal Yards, which bills itself as a modern “urban village.” The Arsenal Yards complex, housed in a repurposed armory, includes locally owned boutiques, national retailers, a movie theater and tons of restaurants, such as Taffer’s Tavern and Kura Revolving Sushi Bar. Arsenal Yards also has a life sciences campus, which is home to several biotech companies.

Arsenal Yards has many shops and dining options along with a large park for residents.
Arsenal Yards has many shops and dining options along with a large park for residents.
Enjoy some sushi served from a  conveyor belt at Kura Revolving Sushi Bar in Watertown.
Enjoy some sushi served from a conveyor belt at Kura Revolving Sushi Bar in Watertown.
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Several commuter options from Watertown to Boston

With access to Interstate 90 (the Massachusetts Turnpike) and Soldiers Field Road, getting into Boston for work is quite feasible. There are also several nearby public transportation options. Locals can take their personal bikes or use Bluebikes along the Charles River Greenway. They can also access Massachusetts Bay Transportation Authority (MBTA) rail stations, two of which are located within a 2-mile radius of the city. In addition, MBTA buses make stops along Arsenal Street. With several new lab spaces in town, however, some citizens can avoid a commute altogether.

Watertown has multiple MBTA stops throughout the town for commuters.
Watertown has multiple MBTA stops throughout the town for commuters.
Watertown is conveniently located on major roads and highways.
Watertown is conveniently located on major roads and highways.
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Exercising at Victory Field and along the Charles River

There are plenty of ways to stay active in the West End. At Victory Field, the home of the Watertown High School Raiders, the community is welcome to use the track for exercise. “Victory Field is the main hub of activity — people come there for field hockey games and baseball games,” Venezia says. “When the field hockey team is in their state run, they have huge crowds.” Moxley Memorial Playground, which is used by Watertown Middle School, includes amenities like a batting cage, athletic fields and play areas for kids of all ages. “The Charles River is another place people frequent. They run and walk their dogs or go fishing there — my son has caught bass and pickerel,” Venezia says. Locals also have access to cultural sites, including the Armenian Museum of America, which offers documentary screenings and musical performances.

Enjoy a walk on the track of Victory Field in Watertown.
Enjoy a walk on the track of Victory Field in Watertown.
Residents in Watertown enjoy runs during all the seasons.
Residents in Watertown enjoy runs during all the seasons.
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Housing options in Watertown

Though some homes in Watertown date back to the 1800s, buyers can also find newly built condos and single-family residences as well. While two-bedroom Cape Cods and Dutch colonials in need of updates might list between $500,000 and the upper $700,000s, grand Victorian-era gems or custom new builds with 3,000 square feet or more can go for upwards of $2 million. Due to the high demand for housing in Watertown, condos and townhouses are popular as well. Condos often sell between $500,000 and $1 million and townhouses list anywhere from $600,000 to $1.5 million. “We’ve also got rental communities popping up everywhere,” Venezia says.

Multifamily style homes are common among the town of Watertown.
Multifamily style homes are common among the town of Watertown.
Modern single-family home with private driveways are common in Watertown.
Modern single-family home with private driveways are common in Watertown.
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Events in Saltonstall Park

Annual events in Watertown include Faire on the Square, which takes place each September in Saltonstall Park. Near Halloween and Christmas, locals can head to the Commander’s Mansion for festivals. During warmer months, there is a weekly farmer’s market as well as a concert series, both of which take place in Saltonstall Park.

Watertown High School is known for its field hockey team

Area children are served by Watertown Public Schools, a district with around 2,500 students across three elementary schools, one middle school and one high school. Depending on a student’s address, they may be zoned for Cunniff Elementary School, which earns a C-plus on Niche, Lowell Elementary School, with a B or Hosmer Elementary School, which gets a B-minus, all of which were recently rebuilt. Next, they may attend Watertown Middle School, which has a B-minus rating. At A-minus-rated Watertown High School, students can participate in the drama program or join the gold medal-winning robotics team. Watertown High also has an impressive field hockey program led by coach Eileen Donahue. Not only have they won the state championships several times, but in 2023, they also set a record for the most shutout games in a row — 37 in all. Those who prefer to send their children to private schools can find Buckingham Browne & Nichols School in nearby Cambridge. It scores an A-plus on Niche and is ranked the No. 2 among private kindergarten through 12th grade schools in Massachusetts.

West Junior High School is a great choice for schooling in Watertown, MA.
West Junior High School is a great choice for schooling in Watertown, MA.
Lowell Elementary School has plans to expand.
Lowell Elementary School has plans to expand.
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Watertown plans for a greener tomorrow

Watertown residents face environmental concerns such as flooding, dry spells and periodic high heat during the summer months. The city has a climate change plan in place—its goal is to reduce greenhouse gas emissions and rely solely on renewable energy sources by 2050. One step toward this is the new design for the high school, which will employ heat from geothermal wells. The project is slated for completion in 2026.

Charles River Greenway in Watertown can be enjoyed with different water activities.
Charles River Greenway in Watertown can be enjoyed with different water activities.
The town of Watertown blooms with color and flowers during the spring.
The town of Watertown blooms with color and flowers during the spring.
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Ginny West
Written By
Ginny West
Chris Norton
Video By
Chris Norton

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Watertown Housing Trends

Housing Trends

Median List Price
$882,000
Median Sale Price
$855,500
Median Single Family Sale Price
$1,032,450
Median Townhouse Sale Price
$1,075,000
Median 2 Bedroom Sale Price
$628,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
270
Median Home Sale Price YoY Change
12%
Average Price Per Sq Ft
$552

Neighborhood Facts

Number of Homes for Sale
55
Months of Supply
2.40

Open Houses

  • Saturday, Jul 12
    12 - 1:30pm

    12 Cuba St, Watertown, MA 02472

    $1,199,900

    • 4 Beds
    • 4 Baths
    • 2,237 Sq Ft
    • 12 Cuba St
    • New 16 days ago

    Welcome to this beautifully gut-renovated townhome offering four full floors of thoughtfully designed living space. The open-concept main level is perfect for both entertaining and everyday comfort, featuring a fireplaced living room, dining room and a kitchen that boasts soaring 12-foot ceilings, a spacious island and a walk-in pantry - perfectly blending functionality with modern elegance. The

    Agent Photo
    Cindy Babstock
    RE/MAX On the Charles
    (617) 826-1473
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  • Saturday, Jul 12
    11am - 1pm

    46 Hall Ave Unit 2, Watertown, MA 02472

    $875,000

    • 3 Beds
    • 2 Baths
    • 1,775 Sq Ft
    • 46 Hall Ave
    • Unit 2
    • New 2 days ago

    SUMMER SIZZLER! Savor Quiet Leafy Views from this Beautiful, Sunny & Spacious 2 Level Penthouse in a Favorite Lowell Elementary Neighborhood ~ 3+ BRS & 2FULL BATHS ~ Pride of Ownership Shines...SO many Updates since 2021: Interior Freshly Painted, Primary Suite Refreshed with New Hardwood Flrs in BR and a FAB Full Bath Reno, IN-UNIT Laundry installed, UPGRADED Electric, New Mini-Splits for A/C ~

    Donna Fessler Berkshire Hathaway HomeServices Town and Country Real Estate

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  • Saturday, Jul 12
    12 - 2pm

    35 Bacon St, Watertown, MA 02472

    $995,000

    • 2 Beds
    • 2.5 Baths
    • 1,763 Sq Ft
    • 35 Bacon St
    • New 2 days ago

    Modern comfort meets timeless style in this well-maintained luxury townhouse just steps from the Charles River. The open floor plan features a sunlit living/dining area and a chef’s kitchen with quartz counters, stainless steel appliances, and a large breakfast peninsula. Upstairs are two spacious bedrooms, each with custom-tiled ensuite baths and double closets, plus convenient hallway laundry.

    Steven Daloia Keller Williams Realty Boston-Metro | Back Bay

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Homes for Sale

Homes for Rent

Condo Buildings

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Watertown Has More Renters

Demographics

Total Population
34,449
Median Age
41
Population Density
7 ppl/acre
Population under 18
18.7%
Below the national average
23.8%
Population over 65
19%
On par with the national average
19.1%

Finances

Median Household Income
$106,055
Significantly above the national average
$71,702
Average Household Income
$137,811

Education and Workforce

High School Graduates
94.8%
College Graduates
65.8%
Significantly above the national average
34.1%
Advanced Degrees
34.3%
Above the national average
13.3%
% Population in Labor Force
73.3%

Weather

Annual Precipitation
49''
Average Winter Low Temperature
18°F
Average Summer High Temperature
83°F
Annual Snowfall
20''

Area Factors

Bikeable

Bike Score®®

61 / 100

Very Walkable

Walk Score®®

79 / 100

Some Transit

Transit Score®®

49 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Watertown