Watertown, MA Real Estate
According to census data in the year 2000 there were 15,008 housing units in Watertown.
This represents a 1.8% growth from 14,748 in 1990.
Of those housing units, 15,008 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Watertown is about 47.1%.
Watertown's vacancy rate, including seasonal lodging, is about 2.5%.
Average household size is 2.17 people.
The majority of houses, apartments or condos in Watertown were built after 1942.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 14.90% |
| Two Bedrooms | 42.40% |
| Three Bedrooms | 28.50% |
| Four Bedrooms | 9.90% |
| Five Bedrooms or more | 3.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.31 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $270,600 |
| Median Price asked for vacant units | $196,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.05 |
| Median year structure was built | 1947 |
| Median Monthly Rent asked for vacant units | $1,261 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.50% |
| Home Equity Loan | 8% |
| Simple Mortgage | 48.90% |
| Debt Free | 38.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.3% |
