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Median sale price
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Watertown, SD: housing market trends

The median home sale price in Watertown, SD was $291,361 for the three-month period ending September 2026. Sale prices were 9.9% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$291,361
three-month period ending September 2026
Median sale price per sq ft
$138.71
three-month period ending September 2026
Active listings
207
three-month period ending September 2026
Typical monthly rent
$1,115
Rent index · August 2026

How is housing inventory changing?

There were 207 active listings for the three-month period ending September 2026. Active listings were 4.6% lower than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 63 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for Watertown, SD
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$291,361$138.71102
Single-familySeptember 2026$277,015$134.7386
TownhousesSeptember 2026$353,754$157.756 · small sample
Condos / co-opsSeptember 2026$355,164$195.084 · small sample
Multifamily (2–4 units)September 2026$360,000$205.015 · small sample

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for Watertown, SD
MarketMedian sale priceReporting period / source
Florence, SD$171,0003 months ending August 2025 · Redfin
Castlewood, SD$345,8353 months ending September 2026 · Redfin
Henry, SD$49,8763 months ending September 2026 · Redfin
Goodwin, SD$214,8983 months ending September 2026 · Redfin
South Shore, SD$169,9003 months ending December 2025 · Redfin
Hayti, SD$174,5923 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for Watertown, SD
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$291,361$138.71207
August 2026$312,000$140.07223
July 2026$313,500$140.68229
June 2026$327,000$140.68211
May 2026$275,000$136.64196
April 2026$267,800$128.29180
March 2026$263,900$128.82146
February 2026$285,000$120.43141
January 2026$285,750$121.30150
December 2025$262,900$121.81168
November 2025$251,000$137.27196
October 2025$255,000$128.06205
September 2025$265,000$128.74217
August 2025$275,500$125.15222
July 2025$275,500$133.37227
June 2025$294,450$142.29210
May 2025$281,100$135.69168
April 2025$255,750$131.28142
March 2025$221,750$113.27125
February 2025$225,000$121.75124
January 2025$275,000$128.71139
December 2024$275,000$131.42152
November 2024$255,950$127.66165
October 2024$270,000$130.11185

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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