Home values, rents and more in the Watertown metro area
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
Open Watertown metro in ProMap- Under $240k
- $240k–$260k
- $260k–$300k
- $300k–$340k
- $340k+
- No data
How the Watertown metro compares
The typical home in the Watertown metro area is worth about $336,000, according to the Zillow Home Value Index for September 2026. Home values in the Watertown metro are 6% above the typical value in South Dakota ($318,000) and 8% below the U.S. typical value ($366,000).
Over the past year, home values in the Watertown metro rose 4.2%, compared with +2.3% in South Dakota and +1.2% nationally.
Typical rent is $1,196 a month (Zillow Observed Rent Index), 8% below South Dakota ($1,306) and 38% below the U.S. ($1,932).
The median household income is $72,727, against $75,081 in South Dakota and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 29,562 people live in the Watertown metro (Census Bureau estimate for July 2025).
The Watertown metro has the 259th-highest typical home value of the 923 metro areas in the United States and the 4th-highest of 11 in South Dakota with Zillow figures.
Part of: South Dakota
More for the Watertown metro in ProMap Plus
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- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Zillow 12-month price forecast
- School test scores
- Flood, wildfire and natural hazard risk
- Property-tax rate
- Unemployment and job growth
- Building permits
- Mortgage delinquency
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby metro areas
Counties in the Watertown metro
Cities in the Watertown metro
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.