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
Watertown, SD Housing Market & Real Estate
Balanced market+28.6% YoY
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Watertown, SD is $275,000, up 28.6% year-over-year. Homes sell in an average of 88 days with 69 active listings. The market is currently a balanced market.
$275,000median sale price
Is Watertown a buyer's or seller's market?
Balanced market2.6 months of supply88 avg. days on market
Watertown, SD is currently a balanced market, based on 2.6 months of supply and homes selling in about 88 days. How we determine this →
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
Watertown, SD market data
| Metric | Value |
|---|---|
| Median sale price | $275,000 |
| Median list price | $285,000 |
| Year-over-year price change | +28.6% |
| Average days on market | 88 days |
| Active inventory | 69 listings |
| Months of supply | 2.6 months |
| Sale-to-list price ratio | 95.2% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
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.
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
More about this property
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
More about this property
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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New listing
$225,000
1000 19th St SE
Watertown, SD 57201
Land
Joy Nelson · HAUGAN NELSON REALTY, INC
More about this property
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
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
More about this property
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
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
More about this property
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
More about this property
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
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
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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%
Top public schools in Watertown
8 schools tracked · 3,673 students
The largest public schools serving Watertown, SD by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Watertown High School - 01
Grades 9-12 · 1,222 students
Watertown Middle School - 02
Grades 7-8 · 587 students
Watertown Intermediate School - 13
Grades 5-6 · 556 students
Lincoln Elementary - 05
Grades PK-4 · 338 students
Jefferson Elementary - 09
Grades PK-4 · 332 students
McKinley Elementary - 06
Grades PK-4 · 255 students
Mellette Elementary - 07
Grades PK-4 · 235 students
Roosevelt Elementary - 08
Grades PK-4 · 148 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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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