A typical Watertown home is worth roughly $272,000
What kind of housing town is Watertown?
Read from the numbers below. The page puts what stands out first.
1 of Watertown’s houses are on the National Register
Half of Watertown’s homes were built before 1995.
Ohio: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024. Historic houses: National Register of Historic Places.
A typical home costs 2.6 years of income
Less than across Ohio (3.5 years). Try your own numbers below.
That covers a typical Watertown home, with $143K to spare.
A two-bedroom rents for about $1,010 a month here, $560 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Watertown’s typical property tax (0.65% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,010
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Morgan County, OH): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Watertown vs. its neighbors
Watertown is the priciest of 8 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Watertown | $272K* | — | $1,010 | — | $102,986 |
| Barlow | $246K* | −0.6%† | $980 | — | $80,130 |
| Waterford | $199K | +8.6% | $1,010 | — | $58,016 |
| Warren | $193K* | +8.4%† | $980 | — | $82,617 |
| Palmer | $240K* | — | $1,040 | — | $85,769 |
| Muskingum | $223K* | +8.4%† | $980 | 1 | $78,188 |
| Adams | $204K* | — | $980 | — | $79,643 |
| Windsor | $140K* | — | $1,050 | — | $55,714 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Watertown buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Historic houses: National Register of Historic Places. Listings link to their publishers. The calculator is an estimate, not a loan offer.