According to statistics, the population in Watertown, CT amounts to 3,608, which shows growth 8% compared to the previous year. The median age of the city’s residents is 46. The average household income is $71,250, shifting decline -1% from the past year, and the average property value in Watertown, CT growth 1% to $235,900 throughout the year.
|Number Of Employees||2,052|
|Median Property Value||$235,900|
The average household income in Watertown, CT declined from $71,835 to $71,250 in the past year. This data is an estimate based upon 1,537 households in Watertown, CT . The chart below presents how household income is distributed in Watertown, CT in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Watertown, CT shifted from $232,500 to $235,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Watertown, CT in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Watertown, CT properties falls in the '$250,000 to $299,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Watertown, CT compared to median property taxes around the country. The prevalent amount of property taxes in Watertown, CT equals $3000, which is less than the national average.
|Apartment Size||Oct||vs Last Month|
|1 bed for sale||$192,225||N/A|
|2 bed for sale||$218,681||-4.5%|
|3 bed for sale||$332,631||-15.7%|
|4+ bed for sale||$438,800||N/A|
During Oct 2021, the average price for an apartment in/near Watertown, CT decreased by 1.4% to $334,589.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $192,225 with no changes this month. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $218,681. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $332,631. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $438,800 for a big-family home.
|Listing Type||Oct||vs Last Month|
|Lofts for sale||$280,000||-17.5%|
|Townhouses for sale||$259,000||N/A|
|Condos for sale||$222,875||N/A|
|Houses for sale||$376,611||N/A|
According to statistics, average house is still $376,611 with no significant changes this month. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $222,875. The price statistics of lofts have not significantly changed, it now still goes for $280,000. Value of the townhouses didn’t change, the price still starts at $259,000.
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