Data as of September 2026. Source: Realtor.com.
The WATERTOWN, SD real estate market (57201) currently shows 130 active listings, with 34 pending sales. Homes are averaging 55 days on the market before going under contract.
Inventory has tightened compared to last year, with 15 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 55 days on market compared to 66 days last year.
The median listing price has risen 5.5% year-over-year, from $339,175 to $357,900.
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 September 2026, there are 130 active listings in WATERTOWN, SD (zip code 57201), compared to 145 the prior year.
The median listing price in WATERTOWN, SD 57201 is $357,900 as of September 2026, a 5.5% increase from $339,175 the prior year.
Homes in WATERTOWN, SD 57201 spend an average of 55 days on the market before going under contract, compared to 66 days the prior year.
Based on current inventory and days-on-market data as of September 2026, WATERTOWN, SD 57201 is currently a Seller's Market. Inventory has tightened compared to last year, with 15 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 55 days on market compared to 66 days last year.
With SELL123.com's maximum 3% commission, sellers in WATERTOWN, SD 57201 save an estimated $7,158 compared to a typical 5% commission on the median listing price of $357,900. 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.