Call or Text (240) SELL-123

WATERTOWN, TN 37184

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The WATERTOWN, TN real estate market (37184) currently shows 23 active listings, with 8 pending sales. Homes are averaging 65 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 65 days on market compared to 51 days last year.

The median listing price has fallen 20.8% year-over-year, from $589,900 to $467,450.

Whether you are buying or selling in WATERTOWN, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for WATERTOWN, TN 37184 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 6,992  ·  Density: 24.5/mi²  ·  Median household income: $67,005

Typical home value: $218,305  ·  Homeownership: 82.3%

Market Overview

Active Listings
23
⇩ 8% vs 25 last year
Pending
8
35% pending ratio
Median Price
$467,450
⇩ 20.8% vs $589,900 last year
Average Price
$616,007
⇩ 4.7% vs $646,287 last year
Days on Market
65
⇧ 27.5% vs 51 days last year

Price Per Square Foot

Median $/sqft
$286
⇧ 4% vs $275/sqft last year
Median Home Size
1,656 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 23 this year vs 25 last year
  • Days on market: 65 now vs 51 last year

Median & Average Pricing

Year over Year
  • Median: $467,450 (-20.8% YoY)
  • Average: $616,007 (-4.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.9 miles — 1,201 listings ($865,764,317 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
37184Watertown, TN 371840.0 mi25$17,364,375$614,250$694,575
37016Auburntown, TN 370168.7 mi6$3,787,080$348,750$631,180
37090Lebanon, TN 370908.9 mi188$169,682,032$499,823$902,564
37118Milton, TN 3711811.4 mi4$6,449,800$1,612,450$1,612,450
37095Liberty, TN 3709512.6 mi7$6,013,728$569,915$859,104
37087Lebanon, TN 3708714.7 mi412$260,121,968$525,320$631,364
38569Lancaster, TN 3856916.2 mi8$4,042,480$513,425$505,310
37030Carthage, TN 3703016.9 mi41$15,267,990$337,500$372,390
38560Elmwood, TN 3856018.4 mi6$2,994,828$462,450$499,138
37149Readyville, TN 3714919.4 mi5$2,300,000$460,000$460,000
37122Mount Juliet, TN 3712220.2 mi490$374,147,830$629,998$763,567
38552Chestnut Mound, TN 3855220.6 mi3$933,126$299,225$311,042
38582Silver Point, TN 3858221.9 mi6$2,659,080$489,000$443,180

Frequently Asked Questions

How many homes are for sale in WATERTOWN, TN 37184?

As of March 2026, there are 23 active listings in WATERTOWN, TN (zip code 37184), compared to 25 the prior year.

What is the median home price in WATERTOWN, TN 37184?

The median listing price in WATERTOWN, TN 37184 is $467,450 as of March 2026, a 20.8% decrease from $589,900 the prior year.

How long do homes stay on the market in WATERTOWN, TN?

Homes in WATERTOWN, TN 37184 spend an average of 65 days on the market before going under contract, compared to 51 days the prior year.

Is it a seller's or buyer's market in WATERTOWN, TN 37184?

Based on current inventory and days-on-market data as of March 2026, WATERTOWN, TN 37184 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 65 days on market compared to 51 days last year.

How much can I save on real estate commission in WATERTOWN, TN?

With SELL123.com's maximum 3% commission, sellers in WATERTOWN, TN 37184 save an estimated $9,349 compared to a typical 5% commission on the median listing price of $467,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.