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Median Home Price in Watertown, SD

The median home value in Watertown, SD is $318,757 as of 2026-06-30, up 2.99% from a year earlier.

Median Home Value

$318,757

Year-over-Year

+2.99%

Population

23,417

Watertown ranks #9 of 16 South Dakota cities tracked here by median home value, and sits 1.4% below the state's city median of $323,132. It sits in Codington County, where the county-wide median is $350,332.

Crime in Watertown

Watertown police recorded a violent crime rate of 303 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 1,025 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Watertown

How much does a house cost in Watertown, SD?

The median home value in Watertown is $318,757. That's up 2.99% from a year earlier. That is about 1.4% below the typical county in South Dakota.

Is Watertown expensive compared to the surrounding area?

Homes in Watertown are cheaper than Codington County as a whole, where the median is $350,332 — a difference of about 9.0%.

Is Watertown a safe place to live?

Watertown police reported 303 violent crimes per 100,000 residents, covering a population of about 23,417. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.