- Municipal rate
- 0.25%
- Median home sale
- $355,000
- Conveyance tax at the median
- $3,550
- Home sales, 2024–25
- 252
What Watertown charges
Watertown charges the base municipal conveyance tax of 0.25% of the sale price, the rate most Connecticut towns charge.
The state adds its own tax on top. For a home or condominium it is 0.75% of the first $800,000 of the price, 1.25% of the portion from $800,000 to $2,500,000, and 2.25% of anything above that — see how the brackets work. In most Connecticut residential sales the seller pays both, unless an exemption or a contract term says otherwise; see who pays the conveyance tax.
On Watertown’s median home sale of $355,000, that is $2,663 to the state and $888 to the town, or $3,550 in all.
Home sale prices in Watertown
252 single-family homes and condominiums sold at arm's length in Watertown between October 2024 to September 2025. The median was $355,000, and the middle half of sales fell between $311,850 and $466,250.
| Type | Sales | Median |
|---|---|---|
| Single-family | 210 | $372,500 |
| Condominium | 42 | $319,950 |
The median moved from $195,500 in the 2015 list year to $355,000 in 2024, a change of +82 percent.
7 of the 2024–25 sales were priced above $800,000, where the state rate on the portion above rises to 1.25%.
Conveyance tax paid in Watertown
Run sale by sale at today’s rates, Watertown’s 2024–25 home sales carried an estimated $1,003,800 in conveyance tax: $753,609 to the state and $250,191 to the town. That ranks 61 of the state’s 169 towns. The town-by-town study has every town and how the estimate is built.
Nearby towns
| Town | Municipal rate | Median sale | Tax at median |
|---|---|---|---|
| Bethlehem | 0.25% | $465,000 | $4,650 |
| Litchfield | 0.25% | $497,500 | $4,975 |
| Middlebury | 0.25% | $540,000 | $5,400 |
| Morris | 0.25% | $640,000 | $6,400 |
| Thomaston | 0.25% | $320,000 | $3,200 |
| Waterbury | 0.50% | $265,000 | $3,313 |
| Woodbury | 0.25% | $430,000 | $4,300 |
Common questions
- What is the conveyance tax in Watertown, CT?
- Watertown charges the base municipal conveyance tax of 0.25% of the sale price, the rate most Connecticut towns charge. The state adds its own tax on top: for a home or condominium, 0.75% of the first $800,000 of the price, 1.25% of the portion from $800,000 to $2,500,000, and 2.25% above that.
- How much is the conveyance tax on a typical Watertown home sale?
- On Watertown's median single-family or condominium sale of $355,000, the state and town conveyance tax comes to $3,550: $2,663 to the state and $888 to the town.
- What do homes sell for in Watertown, CT?
- The median arm's-length single-family or condominium sale in Watertown was $355,000 between October 2024 to September 2025. The middle half of sales fell between $311,850 and $466,250.
- Who pays the conveyance tax when a home sells in Watertown?
- In most Connecticut residential sales the seller pays both the state and the municipal conveyance tax, unless an exemption, a special rule or a contract term says otherwise.
Sources
- Primary sourceReal Estate Sales 2001-2024 GLConnecticut Office of Policy and Management, via data.ct.gov
- Primary sourceReal Estate Conveyance TaxConnecticut General Assembly, Office of Legislative Research
- Primary sourceConnecticut General Statutes § 12-494, Imposition of tax on conveyances of real propertyConnecticut General Assembly
Sale prices are single-family and condominium sales with no assessor non-use code, which leaves out family transfers, foreclosures and other sales that are not at a market price. Tax figures apply today’s rates. Data last updated by the state on 2026-08-12.
General information about Connecticut real estate transactions, not legal advice. Every transaction is different.