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Home appreciation in Watertown, NY

Over the five years ending 2025, home prices in Watertown, NY grew an average of 6.5% a year.

Price growth at a glance

1-year

+6.5%

2025 over 2024. New York: +7.0%.

5-year, per year

+6.5%

Average annual growth, 2020 to 2025. New York: +9.2%.

10-year, per year

+3.7%

+43.2% in total since 2015. New York: +6.8%.

How does your home compare?

Watertown, NY home prices rose 43.2% over the ten years to 2025, while its ZIP codes ranged from +35.6% to +40.1%. Look up your home to see where it ranks among the homes around it.

Your first analysis is free.

A model-generated estimate and analytical context, not investment advice. Investing? Score any property free

How Watertown, NY compares with New York

New York averaged +9.2% a year, putting Watertown, NY behind the state overall. For five-year price growth, Watertown, NY ranks 372nd out of 409 metros nationwide and 13th out of 13 in New York.

Index, 2005 = 100

Watertown-Fort Drum, NY and New York, quarterly house price index rebased to 100 in 2005.
YearWatertown-Fort Drum, NYNew York
2005 Q1100100
2005 Q2112103
2005 Q3113107
2005 Q4119109
2006 Q1120111
2006 Q2125111
2006 Q3128111
2006 Q4135113
2007 Q1136113
2007 Q2137113
2007 Q3137111
2007 Q4139112
2008 Q1139112
2008 Q2140110
2008 Q3139107
2008 Q4132106
2009 Q1142107
2009 Q2143105
2009 Q3139103
2009 Q4136102
2010 Q1152101
2010 Q2145100
2010 Q3148102
2010 Q4147102
2011 Q1141100
2011 Q214599
2011 Q314298
2011 Q414399
2012 Q114898
2012 Q214697
2012 Q315498
2012 Q414798
2013 Q114898
2013 Q214798
2013 Q315099
2013 Q414499
2014 Q115299
2014 Q2149100
2014 Q3151101
2014 Q4139102
2015 Q1155103
2015 Q2150104
2015 Q3151104
2015 Q4157105
2016 Q1147105
2016 Q2142107
2016 Q3149108
2016 Q4145109
2017 Q1142109
2017 Q2144111
2017 Q3144113
2017 Q4147114
2018 Q1154116
2018 Q2148117
2018 Q3145119
2018 Q4147119
2019 Q1152120
2019 Q2155122
2019 Q3152124
2019 Q4150125
2020 Q1155126
2020 Q2159127
2020 Q3164129
2020 Q4164132
2021 Q1169135
2021 Q2171140
2021 Q3178147
2021 Q4181150
2022 Q1182154
2022 Q2202163
2022 Q3198166
2022 Q4198165
2023 Q1187165
2023 Q2196171
2023 Q3202177
2023 Q4213177
2024 Q1184179
2024 Q2201186
2024 Q3220190
2024 Q4220191
2025 Q1213193
2025 Q2219199
2025 Q3228202
2025 Q4220203
2026 Q1235205
2026 Q2238210

Chart through 2026 Q2. Annual growth figures through 2025.

Growth was stronger over the last five years than over the full decade: +3.7% a year over ten years, +43.2% in total.

Over this history, home prices peaked in 2015, fell 6.2% to its 2017 low, and regained the 2015 level in 2020.

The strongest year was 2006 at +14.6%, and the weakest was 2016 at -5.0%.

In 2025 alone the index moved +6.5%, against +7.0% for the state.

ZIP codes in Watertown, NY

Over the ten years to 2025, the 2 ZIP codes FHFA measures in this metro ranged from +35.6% in 13601 to +40.1% in 13619, while the metro as a whole rose 43.2%.

ZIP codes in Watertown-Fort Drum, NY ranked by 10-year home-price change through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
13619-9.4%+8.3%+3.4%+40.1%
13601+1.2%+3.8%+3.1%+35.6%

What a home report shows

Enter an address and you get a score out of 10 for how the home ranks on appreciation potential against comparable homes in its market, with the nearby sales behind it. Here is one saved report.

Example report · saved October 14, 2026

165 N Canal St, Apt 1205, Chicago, IL 60606

Appreciation score

4.1 / 10

Around the median

Where it ranks

Ranks above about 41% of comparable homes in Chicago, IL for appreciation potential.

Price against nearby sales

Priced below most nearby sales, at $300 per square foot across 6 comparable sales.

Read the full example report

Year by year

Annual house price index for Watertown-Fort Drum, NY and New York, 2005 = 100 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
2005100.0—100.0
2006114.6+14.6%106.5
2007123.8+8.0%107.1
2008124.0+0.2%104.0
2009126.3+1.9%99.5
2010133.2+5.4%96.7
2011128.5-3.5%94.7
2012134.3+4.5%93.4
2013132.8-1.2%94.0
2014133.2+0.3%95.7
2015138.4+3.8%99.0
2016131.4-5.0%102.4
2017129.8-1.2%106.9
2018133.7+3.0%112.2
2019137.0+2.5%116.9
2020144.6+5.6%122.7
2021157.6+9.0%136.6
2022175.7+11.5%154.6
2023179.6+2.2%164.9
2024185.9+3.5%178.0
2025198.1+6.5%190.4

The 13 measured metros in New York

Measured metros in New York ranked by 5-year home-price appreciation through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
#
1Kingston, NY+4.7%+11.3%+8.2%
2Rochester, NY+7.2%+11.2%+7.6%
3Syracuse, NY+8.3%+11.1%+7.4%
4Kiryas Joel-Poughkeepsie-Newburgh, NY+7.2%+10.3%+7.3%
5Buffalo-Cheektowaga, NY+6.5%+9.9%+7.7%
6Utica-Rome, NY+7.0%+9.9%+7.1%
7Binghamton, NY+9.4%+9.4%+6.1%
8Albany-Schenectady-Troy, NY+6.3%+9.2%+6.0%
9Glens Falls, NY+7.4%+9.2%+6.1%
10Nassau County-Suffolk County, NY (metropolitan division)+7.1%+8.8%+6.7%
11New York-Jersey City-White Plains, NY-NJ (metropolitan division)+7.0%+7.9%+5.9%
12Elmira, NY+2.1%+6.9%+4.6%
13Watertown-Fort Drum, NY+6.5%+6.5%+3.7%

Source & method: Metro figures: FHFA quarterly all-transactions index for metropolitan statistical areas and metropolitan divisions, annualized as the mean of the four quarterly (NSA) values. State figures: FHFA quarterly all-transactions index, annualized as the mean of the four quarterly (NSA) values. The chart uses quarterly readings, with each series set to 100 in the first quarter of 2005. ZIP figures: FHFA annual five-digit ZIP index (developmental), ZIPs with sufficient transaction history. Missing years are reported as missing by FHFA and are not estimated. Each ZIP is placed in the metro that holds the county with most of its housing units. “5-yr /yr” and “10-yr /yr” are compound annual growth over the window ending 2025; all figures are nominal. Data published by the FHFA House Price Index; this edition compiled 2026-10-17. Educational data, not investment advice.

See the New York row in the state rankings, the county rankings, and, for why one metro number hides so much, why two homes in the same ZIP code appreciate differently.

How does your home compare?

See how your home ranks against nearby homes. Your first analysis is free.

Look up your home

Investing? Score any property free

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Measured FHFA data · chart through 2026 Q2