House Prices

House Prices & Home Values Watertown, SD 2026


Average Data

average house price$82,400
average size per house1702 ft²
average price per ft²49 $ / ft²

04/30/2026 - The value range (VR) for house prices in Watertown, SD is $48/ sqft to $48/ sqft. An average home with 1702 sqft costs approximately $81,696 to $81,696. Watertown, SD includes 1 ZIP codes and it is located in Codington county. The lowest prices are found in ZIP 57201, while the highest are in ZIP 57201. The average price per sqare feet is $49. Our analysis is based on 2 property listings.

Avergage prices by ZIP codes Watertown

5720150 $ / ft²




Historical development of home values in Watertown

Year Estimated value (USD) Change vs. 2025
2010 $38,268 -53.6%
2011 $36,788 -55.4%
2012 $36,689 -55.5%
2013 $38,061 -53.8%
2014 $39,953 -51.5%
2015 $42,004 -49.0%
2016 $44,196 -46.4%
2017 $46,581 -43.5%
2018 $49,156 -40.3%
2019 $51,436 -37.6%
2020 $54,095 -34.4%
2021 $61,527 -25.3%
2022 $71,726 -13.0%
2023 $75,639 -8.2%
2024 $80,015 -2.9%
2025 $82,400 0.0%

Graph: estimated home values in Watertown over time (USD)



Example: 100% financing house in Watertown

Loan amount: $82,400

Interest rate: 6.00%

Fixed monthly payment: $494.03

Breakdown in the 1st month:
Interest portion: $412.00  –  Principal portion: $82.03

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $4,916.47 $1,011.88 $81,388.12
2 $4,854.06 $1,074.29 $80,313.83
3 $4,787.80 $1,140.55 $79,173.27
4 $4,717.46 $1,210.90 $77,962.37
5 $4,642.77 $1,285.58 $76,676.79
6 $4,563.48 $1,364.88 $75,311.91
7 $4,479.30 $1,449.06 $73,862.85
8 $4,389.92 $1,538.43 $72,324.42
9 $4,295.03 $1,633.32 $70,691.10
10 $4,194.29 $1,734.06 $68,957.04
11 $4,087.34 $1,841.01 $67,116.02
12 $3,973.79 $1,954.56 $65,161.46
13 $3,853.24 $2,075.12 $63,086.34
14 $3,725.25 $2,203.11 $60,883.24
15 $3,589.37 $2,338.99 $58,544.25
16 $3,445.10 $2,483.25 $56,061.00
17 $3,291.94 $2,636.41 $53,424.58
18 $3,129.33 $2,799.02 $50,625.56
19 $2,956.70 $2,971.66 $47,653.90
20 $2,773.41 $3,154.95 $44,498.96
21 $2,578.82 $3,349.54 $41,149.42
22 $2,372.23 $3,556.13 $37,593.29
23 $2,152.89 $3,775.46 $33,817.83
24 $1,920.03 $4,008.32 $29,809.51
25 $1,672.81 $4,255.55 $25,553.96
26 $1,410.33 $4,518.02 $21,035.94
27 $1,131.67 $4,796.68 $16,239.26
28 $835.82 $5,092.53 $11,146.72
29 $521.73 $5,406.63 $5,740.10
30 $188.26 $5,740.10 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Watertown, SD


1500 sqft3900 sqft
Ø selling price$88,935$189,190
Ø fast selling$80,850$170,271
Ø high price sale$97,021$208,108

In 2026, houses in Watertown, SD will be offered at an average price of $49 per square foot. A 1,500 sqft home priced at $88,935 is 23.62% more expensive per square foot than a 3,900 sqft home priced at $189,190. Home prices in Watertown, SD vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $130,978. Sellers who can wait longer may achieve a higher price of up to $160,083.


Discover Watertown, SD

Located in Codington County, Watertown, SD blends small-town charm with vibrant arts, history, and outdoor adventure.

Travelers searching for things to do in Watertown will find a welcoming downtown, family-friendly parks, and year-round events.

Top Attractions

The renowned Redlin Art Center showcases Terry Redlin?s iconic wildlife paintings and anchors the city?s cultural scene.

Nearby highlights include the Bramble Park Zoo, the Mellette House, and locally owned galleries, breweries, and eateries in Downtown Watertown.

Outdoor Recreation

For outdoor recreation, shimmering Lake Kampeska and Lake Pelican invite boating, kayaking, fishing, and sandy-beach relaxation.

Miles of trails, golf courses, and well-maintained parks make Watertown a four-season base for hiking, biking, skating, and snow sports.

Living and Business

Quality schools, Prairie Lakes Healthcare System, and a diversified mix of manufacturing, healthcare, and retail support a strong Watertown economy.

Affordable Watertown real estate ranges from historic lakeside homes to new neighborhoods with quick access to major employers and I-29.

Travel Tips

Visitors can fly into Watertown Regional Airport or arrive via I-29 and U.S. Highway 212, with plenty of hotels and campgrounds nearby.

Plan your trip with this quick Watertown, South Dakota travel guide and enjoy authentic Midwest hospitality, scenic lakes, and memorable local flavor.



FAQ – Home Values in Watertown

What is the median home value in Watertown in 2026?

In 2026, the typical home value in Watertown is about $82,400 for an average home size of 1702 square feet. This corresponds to an average price of roughly $49 per square foot.

What is the average cost per square foot in Watertown?

In 2026, homes in Watertown sell for an average of around $49 per square foot, with a typical range between $48 and $48 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Watertown is about 1702 square feet, with an estimated 2026 value around $82,400.



Locations close to Watertown, SD

Arlington, SD201 $ / ft²
Astoria, SD200 $ / ft²
Badger, SD181 $ / ft²
Sioux Falls, SD133 $ / ft²
Yankton, SD225 $ / ft²
Worthing, SD163 $ / ft²
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