Market Intelligence Report — SD-980

Watertown, SD

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-SD-07
As of the latest 2026 data

Median Listing

$395K
+5.3% YoY

Pending Ratio

0.46
+18.6% YoY

Active Inventory

91
-15.0% YoY

Median DOM

64 Days
+59.4% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's Watertown market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Watertown, SD.

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Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

Watertown market outlook.

Historical Analysis

Market Trends

Median Price

$395K+1.4% MoM

Active Inventory

91-15.0% YoY

Days on Market

64+59.4% YoY

Sold Score™

48+18.6% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

48
Jun 23May 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Aug 23Jul 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Aug 23Mar 24Oct 24May 25Dec 25Jul 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Supply Dynamics

91 active listings represent the current floor, with new supply arriving at roughly 28 per month.

Pricing Pressure
21.6%

of active listings carry a price reduction, +9.4% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -5.4% year-over-year.

Absorption
0.46

Pending-to-active ratio — supply and demand dynamics are mixed.

The Monthly Briefing

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Metro Demographics

Metro Area
Watertown, SD
CBSA Code
47980
State
SD

ZIPs in Watertown, SD

Sorted by active inventory · click a ZIP for its full report