Data as of April 2026. Source: Realtor.com.
The WATERTOWN, SD real estate market (57201) currently shows 118 active listings, with 38 pending sales. Homes are averaging 62 days on the market before going under contract.
Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 62 days on market compared to 57 days last year.
The median listing price has fallen 0.8% year-over-year, from $391,950 to $389,000.
Whether you are buying or selling in WATERTOWN, SD, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 26,119 · Density: 31.6/mi² · Median household income: $65,761
Typical home value: $214,756 · Homeownership: 65.6%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 57201 | Watertown, SD 57201 | 0.0 mi | 93 | $33,174,123 | $329,400 | $356,711 |
| 57263 | South Shore, SD 57263 | 14.9 mi | 1 | $169,900 | $169,900 | $169,900 |
| 57243 | Henry, SD 57243 | 16.1 mi | 1 | $184,900 | $184,900 | $184,900 |
| 57241 | Hayti, SD 57241 | 17.4 mi | 3 | $958,350 | $319,450 | $319,450 |
| 57248 | Lake Norden, SD 57248 | 24.9 mi | 7 | $2,528,036 | $319,875 | $361,148 |
| 57259 | Revillo, SD 57259 | 26.1 mi | 1 | $183,900 | $183,900 | $183,900 |
| 57273 | Waubay, SD 57273 | 29.0 mi | 4 | $1,709,916 | $465,950 | $427,479 |
| 57252 | Milbank, SD 57252 | 30.1 mi | 8 | $2,387,264 | $295,725 | $298,408 |
| 57225 | Clark, SD 57225 | 31.2 mi | 2 | $287,000 | $143,500 | $143,500 |
| 57274 | Webster, SD 57274 | 34.3 mi | 11 | $2,279,750 | $210,175 | $207,250 |
| 57278 | Willow Lake, SD 57278 | 35.1 mi | 1 | $239,000 | $239,000 | $239,000 |
| 57216 | Big Stone City, SD 57216 | 37.5 mi | 4 | $1,156,000 | $289,000 | $289,000 |
| 56212 | Bellingham, MN 56212 | 40.0 mi | 2 | $338,000 | $169,000 | $169,000 |
As of April 2026, there are 118 active listings in WATERTOWN, SD (zip code 57201), compared to 92 the prior year.
The median listing price in WATERTOWN, SD 57201 is $389,000 as of April 2026, a 0.8% decrease from $391,950 the prior year.
Homes in WATERTOWN, SD 57201 spend an average of 62 days on the market before going under contract, compared to 57 days the prior year.
Based on current inventory and days-on-market data as of April 2026, WATERTOWN, SD 57201 is currently a Buyer's Market. Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 62 days on market compared to 57 days last year.
With SELL123.com's maximum 3% commission, sellers in WATERTOWN, SD 57201 save an estimated $7,780 compared to a typical 5% commission on the median listing price of $389,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.