Watertown, SD

Balanced market+28.6% YoY

Housing market overview · Updated weekly

$275,000median sale price

Homes sold

27

Last 12 weeks

Days on market

88

Average pace

Active listings

69

2.6 months supply

Sale-to-list

95.2%

Below asking

The Watertown housing market is currently classified as a balanced market with a median sale price of $275,000. Prices have risen 28.6% compared to last year, with homes spending an average of 88 days on market, indicating 2.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Watertown

There are currently 69 homes listed for sale in Watertown, South Dakota. The median listing price is $285K. Featured listings range from $45,000 to $799,000.

3 bedroom house for sale at 121 18th Ave SW Watertown 57201 - $45,000
New listing
18
$45,000

121 18th Ave SW

Watertown, SD 57201

3 bd1 ba1,216 sqft
House
Est. $63K

Jay Schmidt · JP REAL ESTATE

More about this property
3 bedroom house for sale at 601 S Maple Watertown 57201 - $129,900
14
$129,900

601 S Maple

Watertown, SD 57201

3 bd1 ba1,994 sqft
House8,276 sqft lot
Est. $165KSold 2018 for $81K

Anna Ammann · DIAMOND REALTY

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3 bedroom house for sale at 313 9th St SE Watertown 57201 - $149,999
New listing
14
$149,999

313 9th St SE

Watertown, SD 57201

3 bd1 ba1,672 sqft
House7,405 sqft lot
Est. $157KSold 2014 for $75K

Noel Solum · EXIT REALTY CONNECTION

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4 bedroom multi-family for sale at 110 112 3rd Ave NE Watertown 57201 - $199,000
New listing
26
$199,000

110 112 3rd Ave NE

Watertown, SD 57201

4 bd2 ba3,114 sqft
Multi-family3,920 sqft lot

Dorette Clark · PLATINUM REALTY, INC.

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land for sale at 1000 19th St SE Watertown 57201 - $225,000
New listing
$225,000

1000 19th St SE

Watertown, SD 57201

Land

Joy Nelson · HAUGAN NELSON REALTY, INC

More about this property
6 bedroom house for sale at 107 5th Ave NW Watertown 57201 - $250,000
New listing
25
$250,000

107 5th Ave NW

Watertown, SD 57201

6 bd3 ba2,892 sqft
House4,792 sqft lot
Est. $194K

Joy Nelson · HAUGAN NELSON REALTY, INC

More about this property
3 bedroom house for sale at 19 27th St SW Watertown 57201 - $295,000
New listingNew build
25
$295,000

19 27th St SW

Watertown, SD 57201

3 bd2 ba1,100 sqft
House6,970 sqft lot

Carley Stewart · MAINSTREAM REALTY

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3 bedroom house for sale at 15 27th St SW Watertown 57201 - $295,000
New listingNew build
27
$295,000

15 27th St SW

Watertown, SD 57201

3 bd2 ba1,160 sqft
House6,970 sqft lot

Carley Stewart · MAINSTREAM REALTY

More about this property
4 bedroom house for sale at 1112 22nd St NE Watertown 57201 - $334,900
New listing
30
$334,900

1112 22nd St NE

Watertown, SD 57201

4 bd2 ba2,352 sqft
House9,583 sqft lot
Est. $313K

Andy Mahowald · INSIGHT REALTY GROUP

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4 bedroom house for sale at 44712 173rd St Watertown 57201 - $379,900
New listing
33
$379,900

44712 173rd St

Watertown, SD 57201

4 bd2 ba2,464 sqft
House37,026 sqft lot
Est. $323KSold 2006 for $114K

Joe Snyder · DIAMOND REALTY

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5 bedroom house for sale at 1348 16th St NE Watertown 57201 - $619,000
New listing
35
$619,000

1348 16th St NE

Watertown, SD 57201

5 bd3 ba4,152 sqft
House17,860 sqft lot
Est. $481K

Lisa Kieso · HOFTIEZER REAL ESTATE

More about this property
3 bedroom house for sale at 828 Hidden Valley Dr Watertown 57201 - $799,000
New listing
35
$799,000

828 Hidden Valley Dr

Watertown, SD 57201

3 bd2 ba2,421 sqft
House29,185 sqft lot
Est. $618K

Joy Nelson · HAUGAN NELSON REALTY, INC

More about this property

Looking to buy in Watertown?

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Active listings

69

Homes on market

Median list price

$285K

Avg. days on market

88

Days until sale

New this week

23

Newly listed

Price drops:11.6%of listings
Sale-to-list:95.2%

Explore nearby cities in SD

Frequently asked questions

What is the average home price in Watertown?

The median home sale price in Watertown is $275,000, up 28.6% from last year.

How long do homes stay on market in Watertown?

Homes typically spend 88 days on market before going under contract.

Is Watertown a buyer's or seller's market?

With 2.6 months of supply, Watertown is currently a balanced market.

How many homes are for sale in Watertown?

There are currently 69 homes listed for sale in Watertown, SD.

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