Watertown, SD Home Values & Market Trends

Real estate market trends reflect that there have been 0 transactions over the past year in Watertown. The median value for residential home transactions that occurred over the previous year is $311,969.23. The number of current listings in Watertown is 1, and the percentage of properties for sale in the city is 1.00%. Watertown, SD currently has 5 properties in foreclosure, 0 bank owned properties, 5 properties headed for auction, and 1 properties for sale.

Watertown, SD Real Estate Market Overview

ZipMedian Est. Value
57201

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Housing Market Summary for Watertown, SD

Apr 2023March 2024Change
Median Listing Price$494.9K$0-100.00%
Median Sold Price$0$0-
Homes For Sale11-
Homes Sold00-
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Recently Sold Homes

Explore recent offers and recently sold homes in Watertown, SD

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Browse Homes in Watertown, SD

Watertown home values range from $53,000 to $4,852,000. The median estimated value of a home in Watertown is $311,969.23. The median list price of a home is 335,000, and the total count of properties in the city is 9,367.

Foreclosure
There is 1 zips within Watertown, SD; within this zips, the median estimated home value for homes in foreclosure ranges from $0 in 57201 to the lowest value of $0 in 57201. Foreclosure homes account for 0.00% of properties in Watertown, SD with 57201 containing 5 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Watertown, SD with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Watertown, SD; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Watertown, SD ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Watertown, SD. There is 1 zips within Watertown, SD; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    57201 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Watertown, SD. Auction homes and other auction properties account for 0.05% of all properties in Watertown, SD. There is 1 zips within Watertown, SD; of that zips, the median estimated home value for homes going to auction ranges from $0 in 57201 to the lowest value of $0 in 57201.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.01% of residential properties in Watertown, SD with 57201 containing 1 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Watertown, SD; homes for sale in that zips, have a range of median values from $0 in 57201 to the lowest value of $0 in 57201.
    Sold Homes
    The median value for recently sold homes ranges from $0 in $[recently-sold-highest-avm-region] to the lowest price of $0 in $[recently-sold-highest-avm-region]. There is 1 zips within Watertown, SD. $[recently-sold-highest-count-region] has 0 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 0% of properties in Watertown, SD.

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      Guide for Watertown, SD

      Market Reports
      2023 Review: Sioux Falls Real Estate Sees 9% Drop in Property Value, 11% Rise in Sale Price Per Square Foot
      Home Buying Guides & Tips
      South Dakota Foreclosure Laws
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      See More Articles
      2023 Review: Sioux Falls Real Estate Sees 9% Drop in Property Value, 11% Rise in Sale Price Per Square Foot
      Market Reports|posted 8 April 2024

      The Sioux Falls real estate market has seen fluctuating property values, sale prices, and sale volumes between May 2023 to March 2024, reflecting a dynamic market condition.

      South Dakota Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      South Dakota Foreclosure Laws

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Recently Listed Homes Watertown, SD

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