Watertown, SD Housing Market
The Watertown housing market is somewhat competitive. The median sale price of a home in Watertown was $285K last month, up 2.7% since last year. The median sale price per square foot in Watertown is $145, up 9.0% since last year.
Watertown Housing Market Trends
In November 2025, Watertown home prices were up 2.7% compared to last year, selling for a median price of $285K. On average, homes in Watertown sell after 92 days on the market compared to 58 days last year. There were 21 homes sold in November this year, down from 31 last year.

How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Watertown housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 3% below list price and go pending in around 68 days.
- Hot homescan sell for around list price and go pending in around 43 days.
Watertown Migration & Relocation Trends
View houses in Watertown that sold recently
Recently sold homes
- $221,000 Last Sold Price4 beds2 baths2,272 sq ft117 1st St SW, Watertown, SD 57201List Price$220,000Sale to List0% over listDays on Market92 days117 1st St SW, Watertown, SD 57201
- $685,000 Last Sold Price3 beds2.5 baths5,362 sq ft2335 Grant Dr NW, Watertown, SD 57201List Price$695,000Sale to List1% under listDays on Market314 days2335 Grant Dr NW, Watertown, SD 57201
- $285,000 Last Sold Price3 beds2 baths2,720 sq ft908 2nd St NE, Watertown, SD 57201List Price$289,000Sale to List1% under listDays on Market108 days908 2nd St NE, Watertown, SD 57201
- $195,000 Last Sold Price3 beds2 baths2,412 sq ft224 5th Ave SW, Watertown, SD 57201List Price$204,900Sale to List5% under listDays on Market143 days224 5th Ave SW, Watertown, SD 57201
- $180,500 Last Sold Price3 beds1.5 baths1,956 sq ft509 5th St SE, Watertown, SD 57201List Price$174,900Sale to List3% over listDays on Market23 days509 5th St SE, Watertown, SD 57201
- $363,000 Last Sold Price4 beds2 baths2,244 sq ft2340 10th Ave NE, Watertown, SD 57201List Price$355,500Sale to List2% over listDays on Market36 days2340 10th Ave NE, Watertown, SD 57201
- $105,000 Last Sold Price—beds—baths—sq ftTBD N Lake Dr, Watertown, SD 57201List Price$98,550Sale to List7% over listDays on Market32 daysTBD N Lake Dr, Watertown, SD 57201
- $380,000 Last Sold Price3 beds2 baths1,458 sq ft1707 36th St SW, Watertown, SD 57201List Price$380,000Sale to List0% over listDays on Market108 days1707 36th St SW, Watertown, SD 57201
See all recently sold homes in Watertown.
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Schools in Watertown
- Elementary
- Middle
- High
GreatSchools Rating
9/10 Lincoln Elementary - 05 Public • K-4 | 338 Students | N/A |
7/10 Jefferson Elementary - 09 Public • K-4 | 361 Students | 1 reviews |
7/10 McKinley Elementary - 06 Public • PreK-4 | 234 Students | 3 reviews |
6/10 Watertown Intermediate School Public • 5-6 | 548 Students | N/A |
3/10 Mellette Elementary - 07 Public • K-4 | 212 Students | 2 reviews |
Climate's impact on Watertown housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Watertown.
Flood Factor - Minor
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Minor
Wind Factor

Heat Factor - Minimal
Heat Factor

Transportation in Watertown
Walk Score®
Bike Score®
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