The Unshakable Investor

Unshakable ZIP Data 57201 | Watertown, SD Housing Market

Watertown · Codington County · Watertown, SD metro · South Dakota · Data updated June 19, 2026

The median sale price in ZIP 57201, Watertown, South Dakota is $301,411 at $139 per square foot. 77 single-family homes sold in the latest period, up 10.3 percent from a year earlier. Homes sit a median of 52 days on market with 6.0 months of supply. Sellers are getting 98.3 percent of list price and 16.0 percent of homes sold above asking.

Balanced market.

Value anchors

MetricValueYear over year
Average single-family value$327,165
Average price per sq ft$151
Median sale price$301,411
Median sale price per sq ft$139
Median home size2,164 sq ft
Median new listing price$354,420+18.2%
National size rank4,771

Sales activity

MetricValueYear over year
Homes sold77+10.3%
Median days on market52 days
Months of supply6.0 months
New listings144+29.9%
Active listings226+18.3%
Pending sales110+39.9%

Pricing power

MetricValueYear over year
Average sale-to-list ratio98.3%-0.2 pts
Share sold above list16.0%-4.0 pts

These figures describe the single-family market for Watertown, South Dakota ZIP 57201. They are market context, not a substitute for sold comps or a formal appraisal.