Data as of June 2026. Source: Realtor.com.
The WATERTOWN, SD real estate market (57201) currently shows 140 active listings, with 45 pending sales. Homes are averaging 58 days on the market before going under contract.
Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 58 days on market compared to 46 days last year.
The median listing price has risen 2.3% year-over-year, from $381,150 to $389,900.
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 June 2026, there are 140 active listings in WATERTOWN, SD (zip code 57201), compared to 125 the prior year.
The median listing price in WATERTOWN, SD 57201 is $389,900 as of June 2026, a 2.3% increase from $381,150 the prior year.
Homes in WATERTOWN, SD 57201 spend an average of 58 days on the market before going under contract, compared to 46 days the prior year.
Based on current inventory and days-on-market data as of June 2026, WATERTOWN, SD 57201 is currently a Buyer's Market. Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 58 days on market compared to 46 days last year.
With SELL123.com's maximum 3% commission, sellers in WATERTOWN, SD 57201 save an estimated $7,798 compared to a typical 5% commission on the median listing price of $389,900. 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.