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Foreclosure Homes in Watertown, SD 57201

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Watertown, SD Foreclosures

How much do homes sell for in Watertown, SD?
The average home price is currently $365,475.
In Watertown, SD, how many homes are available?
There are currently 10 active home listings available in Watertown.
What’s the average rental cost in Watertown, SD?
The average rental price in Watertown is $1,207.
What is the most expensive home in Watertown?
The most expensive home sold in Watertown had a price of $1,715,700.
What is currently the cheapest priced home in Watertown, SD?
The cheapest home for sale in Watertown is priced at $30,000.

Living in Watertown, SD

Watertown, SD is a picturesque city offering a blend of small-town charm and modern amenities. Residents enjoy a plethora of outdoor activities thanks to its proximity to lakes and parks. With a thriving community and strong educational and healthcare facilities, Watertown is an ideal place for families and new homeowners.

Current Market Conditions in Watertown, SD

The real estate market in Watertown has shown steady growth over the past year, with an increased demand for single-family homes. The median home price has seen an uptrend, reflecting the city’s appealing qualities and livability.

Many homes in the area have experienced rapid sales due to competitive pricing and reasonable inventory levels, with families and young professionals moving to the area for its excellent school system and quality of life.

Home Value Estimator For Watertown, SD

There are currently 8,622 real estate properties in Watertown, SD, with a median automated valuation model (AVM) price of $323,878.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Watertown, SD, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Watertown, SD, is $365,475.00, with the most expensive house in Watertown, SD, topping out at $1,715,700.00 and the cheapest home in Watertown, SD, clocking in at $30,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Watertown, SD!

Rent Prices In Watertown, SD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Watertown, SD, is on a rollercoaster ride. The average rent price in Watertown, SD, is $1,207.00. Indeed, when looking to rent in Watertown, SD, you can expect to pay as little as $580.00 or as much as $1,920.00, with the average rent median estimated to be $1,200.00. The good news is that finding an affordable and desirable property to rent in Watertown, SD -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Watertown, SD 57201 Foreclosures

Market Trend for Watertown, SD

Total Listings Available: 10

Market Values:

Home Prices from $30,000 to $1,715,700

Average Sales Price: $365,475

Rental Values:

Rental from $580 to $1,920

Average Rent Value: $1,207 / month

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