Housing market · ZIP 57201

Watertown, SD Home Prices & Forecast

Median value and 12-month outlook · as of April 2026

Median home value

$320,477

3-month+1.8%

6-month+4.0%

12-month+2.5%

Touse 12-month forecast

+1.9%

Projected median near $326,481 over the next 12 months

As of April 2026, the median home value in Watertown, SD (ZIP 57201) is $320,477. Prices are stable, up 2.5% over the past year. Touse's model projects a +1.9% change over the next 12 months, putting the median near $326,481.

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Nearby areas in Codington

Florence 57235 Henry 57243 Kranzburg 57245 South Shore 57263 Wallace 57272

Estimates are derived from Zillow Research price history and Touse's forecasting model (LightGBM + Prophet). Forecasts are 12-month projections with inherent uncertainty, not guarantees, and are not financial advice. Confirm with a licensed professional before any decision.