57201, SD Housing Market
The 57201 housing market is somewhat competitive. The median sale price of a home in 57201 was $260K last month, down 0.95% since last year. The median sale price per square foot in 57201 is $151, up 21.8% since last year.
57201 Housing Market Trends
In April 2025, 57201 home prices were down 0.95% compared to last year, selling for a median price of $260K. On average, homes in 57201 sell after 63 days on the market compared to 55 days last year. There were 53 homes sold in April this year, down from 76 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 2% below list price and go pending in around 58 days.
- Hot homescan sell for around list price and go pending in around 32 days.
View houses in 57201 that sold recently
Recently sold homes
- $399,000 Last Sold Price2 beds2 baths952 sq ft1036 S Lake Dr, Watertown, SD 57201List Price$418,500Sale to List5% under listDays on Market135 days1036 S Lake Dr, Watertown, SD 57201
- $291,500 Last Sold Price4 beds2 baths2,220 sq ft1186 2nd St NW, Watertown, SD 57201List Price$285,000Sale to List2% over listDays on Market175 days1186 2nd St NW, Watertown, SD 57201
- $355,500 Last Sold Price3 beds2 baths1,531 sq ft2123 Kemp Pl E, Watertown, SD 57201List Price$349,900Sale to List2% over listDays on Market126 days2123 Kemp Pl E, Watertown, SD 57201
- $92,000 Last Sold Price3 beds2 baths1,040 sq ft17 17th Ave SW, Watertown, SD 57201List Price$92,900Sale to List1% under listDays on Market78 days17 17th Ave SW, Watertown, SD 57201
- $429,900 Last Sold Price4 beds3 baths2,551 sq ft1826 Lincoln Ave NE, Watertown, SD 57201List Price$429,000Sale to List0% over listDays on Market59 days1826 Lincoln Ave NE, Watertown, SD 57201
- $75,000 Last Sold Price—beds—baths—sq ftKaylee Ct NW, Watertown, SD 57201List Price$75,000Sale to List0% over listDays on Market1 dayKaylee Ct NW, Watertown, SD 57201
- $177,500 Last Sold Price3 beds1 bath1,068 sq ft1025 4th Ave SE, Watertown, SD 57201List Price$179,900Sale to List1% under listDays on Market31 days1025 4th Ave SE, Watertown, SD 57201
- $510,000 Last Sold Price5 beds3 baths3,154 sq ft1306 13th St NE, Watertown, SD 57201List Price$529,000Sale to List4% under listDays on Market83 days1306 13th St NE, 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 • K-4 | 338 Students | N/A |
7/10 Mckinley Elementary - 06 Public • PreK-4 | 234 Students | 3 reviews |
6/10 Waverly-South Shore Elementary - 02 Public • PreK-5 | 122 Students | 1 reviews |
6/10 Jefferson Elementary - 09 Public • K-4 | 361 Students | 1 reviews |
6/10 Watertown Intermediate School Public • 5-6 | 548 Students | N/A |
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.
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