57201, SD Housing Market
The 57201 housing market is somewhat competitive. The median sale price of a home in 57201 was $278K last month, down 4.2% since last year. The median sale price per square foot in 57201 is $142, up 5.2% since last year.
57201 Housing Market Trends
In October 2025, 57201 home prices were down 4.2% compared to last year, selling for a median price of $278K. On average, homes in 57201 sell after 59 days on the market compared to 67 days last year. There were 105 homes sold in October this year, up from 89 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 67 days.
- Hot homescan sell for around list price and go pending in around 44 days.
View houses in 57201 that sold recently
Recently sold homes
- $228,900 Last Sold Price3 beds3 baths1,445 sq ft190 19th St SE #206, Watertown, SD 57201List Price$234,900Sale to List3% under listDays on Market110 days190 19th St SE #206, Watertown, SD 57201
- $285,000 Last Sold Price4 beds2 baths2,636 sq ft904 1st St NW, Watertown, SD 57201List Price$289,000Sale to List1% under listDays on Market49 days904 1st St NW, Watertown, SD 57201
- $715,000 Last Sold Price3 beds3 baths1,975 sq ft818 N Lake Dr, Watertown, SD 57201List Price$749,900Sale to List5% under listDays on Market145 days818 N Lake Dr, Watertown, SD 57201
- $330,000 Last Sold Price3 beds2 baths2,340 sq ft1717 Bogue Ave NE, Watertown, SD 57201List Price$337,900Sale to List2% under listDays on Market172 days1717 Bogue Ave NE, Watertown, SD 57201
- $430,000 Last Sold Price2 beds1 bath1,584 sq ft1304 S Lake Dr, Watertown, SD 57201List Price$450,000Sale to List4% under listDays on Market131 days1304 S Lake Dr, Watertown, SD 57201
- $365,000 Last Sold Price5 beds2 baths2,140 sq ft3104 5th Ave NW, Watertown, SD 57201List Price$364,900Sale to List0% over listDays on Market97 days3104 5th Ave NW, Watertown, SD 57201
- $210,000 Last Sold Price3 beds1.5 baths1,448 sq ft12 11th St SE, Watertown, SD 57201List Price$229,900Sale to List9% under listDays on Market42 days12 11th St SE, Watertown, SD 57201
- $229,000 Last Sold Price5 beds2 baths4,004 sq ft620 N Park St, Watertown, SD 57201List Price$229,900Sale to List0% under listDays on Market106 days620 N Park St, Watertown, SD 57201
See all recently sold homes in 57201.
See listings
Schools in 57201
- 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 |
4/10 Waverly-South Shore Elementary - 02 Public • PreK-5 | 122 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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