57201, SD Housing Market
The 57201 housing market is somewhat competitive. The median sale price of a home in 57201 was $325K over the last 3 months, up 8.3% since the same period last year. The median sale price per square foot in 57201 is $131, down 3.7% since last year.
57201 Housing Market Trends
Over the three months ending June 2026, 57201 home prices were up 8.3% compared to the same period last year, selling for a median price of $325K. On average, homes in 57201 sell after 44 days on the market compared to 60 days last year. There were 106 homes sold in June this year, up from 97 last year.

How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the 57201 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 53 days.
- Hot homescan sell for around list price and go pending in around 37 days.
View houses in 57201 that sold recently
Recently sold homes
- $120,000 Last Sold Price6 beds3 baths2,432 sq ft2210 10th Ave SW, Watertown, SD 57201List Price$120,000Sale to List0% over listDays on Market74 days2210 10th Ave SW, Watertown, SD 57201
- $355,000 Last Sold Price5 beds2 baths2,172 sq ft2123 Birch Ave NE, Watertown, SD 57201List Price$364,900Sale to List3% under listDays on Market75 days2123 Birch Ave NE, Watertown, SD 57201
- $188,800 Last Sold Price2 beds1 bath1,206 sq ft425 7th Ave NE, Watertown, SD 57201List Price$189,900Sale to List1% under listDays on Market67 days425 7th Ave NE, Watertown, SD 57201
- $219,900 Last Sold Price3 beds2 baths1,932 sq ft1025 2nd Ave SE, Watertown, SD 57201List Price$219,900Sale to List0% over listDays on Market50 days1025 2nd Ave SE, Watertown, SD 57201
- $559,000 Last Sold Price4 beds3 baths3,772 sq ft2316 Grant Dr NW, Watertown, SD 57201List Price$574,900Sale to List3% under listDays on Market129 days2316 Grant Dr NW, Watertown, SD 57201
- $355,000 Last Sold Price1 bed1.5 baths2,250 sq ft2723 Jamie Ave NE Unit 4, Watertown, SD 57201List Price$369,900Sale to List4% under listDays on Market147 days2723 Jamie Ave NE Unit 4, Watertown, SD 57201
- $310,000 Last Sold Price4 beds3 baths2,854 sq ft1410 3rd Ave NE, Watertown, SD 57201List Price$325,000Sale to List5% under listDays on Market64 days1410 3rd Ave NE, Watertown, SD 57201
- $48,500 Last Sold Price—beds—baths—sq ft5th St NW, Watertown, SD 57201List Price$48,500Sale to List0% over listDays on Market2 days5th St NW, Watertown, SD 57201
See all recently sold homes in 57201.
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Schools in 57201
- Elementary
- Middle
- High
GreatSchools Rating
9/10 Lincoln Elementary - 05 Public • 1-4 | 361 Students | N/A |
7/10 Jefferson Elementary - 09 Public • 1-4 | 333 Students | 1 reviews |
7/10 McKinley Elementary - 06 Public • PreK-4 | 296 Students | 3 reviews |
6/10 Watertown Intermediate School Public • 5-6 | 532 Students | N/A |
4/10 Waverly-South Shore Elementary - 02 Public • PreK-5 | 128 Students | 1 reviews |
Climate's impact on 57201 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 57201.
Flood Factor - Minor
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Minor
Wind Factor

Heat Factor - Minimal
Heat Factor

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