Data as of July 2026. Source: Realtor.com.
The WATERTOWN, SD real estate market (57201) currently shows 130 active listings, with 41 pending sales. Homes are averaging 61 days on the market before going under contract.
Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 61 days on market compared to 41 days last year.
The median listing price has risen 6.3% year-over-year, from $374,900 to $398,675.
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 July 2026, there are 130 active listings in WATERTOWN, SD (zip code 57201), compared to 135 the prior year.
The median listing price in WATERTOWN, SD 57201 is $398,675 as of July 2026, a 6.3% increase from $374,900 the prior year.
Homes in WATERTOWN, SD 57201 spend an average of 61 days on the market before going under contract, compared to 41 days the prior year.
Based on current inventory and days-on-market data as of July 2026, WATERTOWN, SD 57201 is currently a Balanced Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 61 days on market compared to 41 days last year.
With SELL123.com's maximum 3% commission, sellers in WATERTOWN, SD 57201 save an estimated $7,974 compared to a typical 5% commission on the median listing price of $398,675. 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.