Data as of February 2026. Source: Realtor.com.
The WATERTOWN, SD real estate market (57201) currently shows 93 active listings, with 27 pending sales. Homes are averaging 89 days on the market before going under contract.
Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.
Homes are selling faster, averaging 89 days on market compared to 94 days last year.
The median listing price has fallen 11% year-over-year, from $369,950 to $329,400.
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 | 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 February 2026, there are 93 active listings in WATERTOWN, SD (zip code 57201), compared to 83 the prior year.
The median listing price in WATERTOWN, SD 57201 is $329,400 as of February 2026, a 11% decrease from $369,950 the prior year.
Homes in WATERTOWN, SD 57201 spend an average of 89 days on the market before going under contract, compared to 94 days the prior year.
Based on current inventory and days-on-market data as of February 2026, WATERTOWN, SD 57201 is currently a Balanced Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are selling faster, averaging 89 days on market compared to 94 days last year.
With SELL123.com's maximum 3% commission, sellers in WATERTOWN, SD 57201 save an estimated $6,588 compared to a typical 5% commission on the median listing price of $329,400. 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.