Markets/New York/Watertown-Fort Drum

Watertown-Fort Drum, NY Real Estate Market 2026

Investor-grade market analytics for Watertown-Fort Drum, New York. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.

Median Home Price

$236,489

+5.4% year-over-year

Est. Rental Yield

7.4%

gross annual

Market Momentum

❄️
Cooling
6.6mo supply · Score -2/7

Migration: Top 89% nationally

Income Migration

➡️ Neutral0.96x

In-migrants avg $50,250 AGI vs out-migrants $52,300

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Opportunity Zone Market

1 ZIP codes in Watertown-Fort Drum are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →

Watertown-Fort Drum Market Summary

Watertown-Fort Drum, NY is experiencing strong growth with 5.4% year-over-year appreciation, indicating a seller's market with robust demand. Affordability remains favorable with a price-to-income ratio of 3.64x, below the national average of 4.8x. Climate risk remains low (25/100), favorable for long-term investment stability. Rental yield of 7.44% is strong, making this market attractive for buy-and-hold investors.

Affordability

Affordability Score91/100
Price-to-Income Ratio3.6x (national avg 4.8x)
Median Household Income$64,978

Climate & Natural Hazard Risk

Watertown-Fort Drum, NY's primary climate exposure is flooding (50/100). The composite climate risk score of 25/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Watertown-Fort Drum dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.