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Watertown, SD Real Estate

Watertown is a city in Codington County, South Dakota with a population of about 22,859. The median home value is near $212,300, and median rent runs around $904/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value
$212,300
Median Rent
$904/mo
Population
22,859
Median Income
$62,721
Median Age
39.4
Homeownership
62.7%

Monthly payment on a median Watertown home

Example for a $212,300 home: 20% down, 30-yr at ~6.75%, SD property tax ~1.01%, 0.4% insurance.

Est. monthly (PITI)
$1,351
Principal & interest
$1,102
Property tax / mo
$179
Down payment (20%)
$42,460

Watertown at a glance

  • 14.9% of residents 25+ hold a bachelor's degree or higher.
  • 62.7% of occupied homes are owner-occupied.
  • Median household income is $62,721.
  • Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

Other South Dakota cities

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