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Foreclosure Homes in Watertown, TN

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Watertown, TN Foreclosures

Current Market Conditions in in Watertown, TN As of February 2026?
Over the past month, Watertown’s real estate market has seen a slight uptick in activity. Compared to last month, there has been a 10% increase in new listings, which aligns with typical seasonal trends. However, the number of buyers remains strong, and homes are being sold relatively quickly, often above the asking price, indicating a competitive market environment. Many homes have sold within days, suggesting a growing interest in Watertown as people look for more affordable housing away from larger cities.
How much do homes sell for in Watertown, TN?
The average home price is currently $415,314.
In Watertown, TN, how many homes are available?
There are currently 10 active home listings available in Watertown.
What’s the average rental cost in Watertown, TN?
The average rental price in Watertown is $1,186.
What is the most expensive home in Watertown?
The most expensive home sold in Watertown had a price of $9,927,859.
What is currently the cheapest priced home in Watertown, TN?
The cheapest home for sale in Watertown is priced at $13,250.

Living in Watertown, TN

Watertown, TN, is a quaint town that offers a serene lifestyle surrounded by nature. With a strong community spirit, it has a mix of local amenities and outdoor recreational opportunities that appeal to families and individuals looking to escape the hustle and bustle of city life. Its scenic charm and welcoming atmosphere make it a desirable place to call home.

Buyer vs Seller Market in Watertown, TN

The Watertown real estate market has shown steady growth over the past few years, with an increasing demand for homes as more people discover the town's appeal. The community's affordability and quiet atmosphere attract first-time homebuyers and those seeking a retreat from larger metropolitan areas.

Recent trends indicate a moderate increase in home values, providing potential sellers with favorable market conditions. The competition among buyers has intensified, leading to quicker sales and a shortening of the average time homes spend on the market. The growing interest suggests the town is becoming increasingly popular in the real estate landscape.

Home Value Estimator For Watertown, TN

There are currently 3,252 real estate properties in Watertown, TN, with a median automated valuation model (AVM) price of $314,409.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Watertown, TN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Watertown, TN, is $415,314.00, with the most expensive house in Watertown, TN, topping out at $9,927,859.00 and the cheapest home in Watertown, TN, clocking in at $13,250.00. In other words, there’s something for every potential homebuyer or savvy investor in Watertown, TN!

Rent Prices In Watertown, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Watertown, TN, is on a rollercoaster ride. The average rent price in Watertown, TN, is $1,186.00. Indeed, when looking to rent in Watertown, TN, you can expect to pay as little as $600.00 or as much as $2,310.00, with the average rent median estimated to be $1,150.00. The good news is that finding an affordable and desirable property to rent in Watertown, TN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Watertown, TN Foreclosures

Market Trend for Watertown, TN

Total Listings Available: 10

Market Values:

Home Prices from $13,250 to $9,927,859

Average Sales Price: $415,314

Rental Values:

Rental from $600 to $2,310

Average Rent Value: $1,186 / month

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