Active Listings
92
⇧ 29.6% vs 71 last year
Population: 26,119 · Density: 31.6/mi² · Median household income: $65,761
Typical home value: $214,756 · Homeownership: 65.6%
Data as of January 2026. Source: Realtor.com.
The WATERTOWN, SD real estate market (57201) currently shows 92 active listings, with 16 pending sales. Homes are averaging 85 days on the market before going under contract.
Inventory has increased compared to last year, with 21 more homes available — giving buyers more choice.
Homes are selling faster, averaging 85 days on market compared to 107 days last year.
The median listing price has fallen 8.7% year-over-year, from $361,250 to $329,900.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 57201 | Watertown, SD 57201 | 0.0 mi | 92 | $32,600,108 | $329,900 | $354,349 |
| 57263 | South Shore, SD 57263 | 14.9 mi | 1 | $179,900 | $179,900 | $179,900 |
| 57223 | Castlewood, SD 57223 | 16.1 mi | 4 | $1,046,268 | $184,900 | $261,567 |
| 57226 | Clear Lake, SD 57226 | 20.9 mi | 12 | $3,806,760 | $312,450 | $317,230 |
| 57234 | Estelline, SD 57234 | 25.2 mi | 6 | $3,099,402 | $524,900 | $516,567 |
| 57273 | Waubay, SD 57273 | 29.0 mi | 2 | $971,360 | $527,500 | $485,680 |
| 57252 | Milbank, SD 57252 | 30.1 mi | 4 | $1,200,000 | $265,000 | $300,000 |
| 57214 | Badger, SD 57214 | 31.9 mi | 1 | $169,900 | $169,900 | $169,900 |
| 57274 | Webster, SD 57274 | 34.3 mi | 10 | $3,344,250 | $235,950 | $334,425 |
| 57278 | Willow Lake, SD 57278 | 35.1 mi | 1 | $239,000 | $239,000 | $239,000 |
| 57216 | Big Stone City, SD 57216 | 37.5 mi | 3 | $688,350 | $229,450 | $229,450 |
| 56212 | Bellingham, MN 56212 | 40.0 mi | 1 | $169,000 | $169,000 | $169,000 |
| 57239 | Grenville, SD 57239 | 41.3 mi | 3 | $5,838,900 | $599,000 | $1,946,300 |
As of January 2026, there are 92 active listings in WATERTOWN, SD (zip code 57201), compared to 71 the prior year.
The median listing price in WATERTOWN, SD 57201 is $329,900 as of January 2026, a 8.7% decrease from $361,250 the prior year.
Homes in WATERTOWN, SD 57201 spend an average of 85 days on the market before going under contract, compared to 107 days the prior year.
Based on current inventory and days-on-market data as of January 2026, WATERTOWN, SD 57201 is currently a Balanced Market. Inventory has increased compared to last year, with 21 more homes available — giving buyers more choice. Homes are selling faster, averaging 85 days on market compared to 107 days last year.
With SELL123.com's maximum 3% commission, sellers in WATERTOWN, SD 57201 save an estimated $6,598 compared to a typical 5% commission on the median listing price of $329,900. 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.