Watchman Residential Area—84767
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Watchman Residential Area
As of Nov '25, the median home price in Watchman Residential Area is $676,000, with a year-over-year change of 3.3%. This indicates that home prices in Watchman Residential Area are increasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $676,000 | 3.3% |
| Single Family | $735,000 | 2.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $447,000 | -1.3% |
3 Bed | $829,000 | 1.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Watchman Residential Area
Watchman Residential Area lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Watchman Residential Area
As of Nov '25, Realtor.com reports that the median days on market for a home in Watchman Residential Area is 187. This is a increase of 128.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $929,000 | -18.0% |
Listing Count | 19 | 51.0% |
| Listings as % of Homes | 1.5% | 51.0% |
Days on Market | 187 | 128.0% |
Demographics — Watchman Residential Area
As of the latest ACS Survey released in 2023, Watchman Residential Area has a population of 620, which has increased by 14.8% over the past 5 years. Watchman Residential Area is a less popular place for families, as children make up 2.6% of the population. The area has a moderately educated workforce, with 34.1% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 53.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 620 | 14.8% |
% Under 18 | 2.6% | -67.9% |
% Seniors | 29.5% | 13.0% |
% WFH | 53.3% | 61.5% |
% w/ College Degree | 34.1% | -16.6% |
As of the latest ACS Survey released in 2023, Watchman Residential Area is a predominantly white area, with 73.5% of the population identifying as white. The white population has shrunk by 13.3% in the last 5 years. The second most common race or ethnicity in Watchman Residential Area is hispanic, making up 15.5% of the population. Foreign-born residents account for 4.4% of the population in Watchman Residential Area, and this percentage has decreased by 56.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 73.5% | -13.3% |
% Black | 4.7% | 113.6% |
% Hispanic | 15.5% | 46.2% |
% Asian | 0.0% | N/A |
% Foreign Born | 4.4% | -56.0% |
Mortgage and Risk — Watchman Residential Area
Watchman Residential Area lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Rentals and Section 8 — Watchman Residential Area
Watchman Residential Area lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $990 |
| 2 Bedroom | N/A | N/A | $1,220 |
| 3 Bedroom | N/A | N/A | $1,680 |
| 4 Bedroom | N/A | N/A | $2,070 |
Affordability — Watchman Residential Area
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.9 |
| Median Home Price | $676,000 |
| Median Household Income | $69,500 |