Watertown, SD Homes for Sale under $200,000

/31
$119,900
- 3 Beds
- 2 Baths
- 2,016 Sq Ft
3444 16th Ave SW, Watertown, SD 57201

This is a 28' x 72' double-wide mobile home in Pelican view trailer court that is anchored and sits on concrete cylinder foundation. The home is very well kept and offers 3 bedrooms and 2 bathrooms plus a wide open kitchen area plus a formal dining area. The home features a very spacious master that is sure to please. The outside is really well kept with a huge yard and two garden sheds plus a

Jim Pieper

JP REAL ESTATE

(605) 657-4419

3444 16th Ave SW, Watertown, SD 57201
Explore Watertown
/22
$104,900
- 3 Beds
- 2 Baths
- 1,140 Sq Ft
12 17th Ave SW, Watertown, SD 57201

Brand New 16' x 80' singlewide mobile home in Southview mobile home Park lot rent is $395 a month. The mobile home has a open floor plan with a good size island and the coveted kitchen pantry and includes new kitchen appliances. There is a one year manufacturers structual warranty and it is constructed with 2 x 6 walls and tied down on concrete slabs, seperate warranties on appliances (range,

Jim Pieper

JP REAL ESTATE

(605) 667-5689

12 17th Ave SW, Watertown, SD 57201
/26
$199,900

$30K PRICE DROP
- 3 Beds
- 2.5 Baths
- 2,713 Sq Ft
721 E Kemp Ave, Watertown, SD 57201

Versatile Duplex or Single-Family Home - Great Investment Opportunity! This unique property is currently configured as a duplex, offering a 2-bedroom, 2-bathroom unit and a 1-bedroom, 1-bathroom unit—perfect for a variety of living or investment options. Whether you're an investor looking to generate rental income, or a homeowner seeking flexibility, this property fits the bill. Keep it as a

Melody Kerkvliet REAL ESTATE PROFESSIONALS

721 E Kemp Ave, Watertown, SD 57201
/3
$119,900
- 1,032 Sq Ft
0 8th St SW, Watertown, SD 57201

LISTING AGENT IS RELATED TO SELLER AND IS POA TO THE ESTATE

Lynn Morris THE REALTY TEAM

0 8th St SW, Watertown, SD 57201
/3
$100,000
- Land
- 1.15 Acres
- $86,957 per Acre
L17 B7 18th Ave SW, Watertown, SD 57201

Jason Goette SoDak Realty, LLC

L17 B7 18th Ave SW, Watertown, SD 57201
/15
$199,000

$11K PRICE DROP
- 3 Beds
- 1.5 Baths
- 1,728 Sq Ft
700 2nd St SE, Watertown, SD 57201

Mike Luken THE REALTY TEAM

700 2nd St SE, Watertown, SD 57201
/2
$187,900
- Land
- 22,215 Sq Ft
- $368,431 per Acre
0 1st Ave NE Unit 30-4793, Watertown, SD 57201

Location, Location, Location. This great commercial lot is located in of the most highly traveled and visible areas in Watertown! Close to commercial, retail, professional, right on bypass road. Excellent building lot for a multitude of businesses.

Joy Nelson HAUGAN NELSON REALTY, INC

0 1st Ave NE Unit 30-4793, Watertown, SD 57201
/24
$170,000

$80K PRICE DROP
- 6 Beds
- 2.5 Baths
- 2,892 Sq Ft
107 5th Ave NW, Watertown, SD 57201

Charm galore here, has character!! Home has 6 bedrooms, 3 1/2 baths, beautiful woodwork, three stories plus basement, wonderful house for a large family! Very close to elementary school in great neighborhood! This home was owned by the same family for many many years!

Joy Nelson HAUGAN NELSON REALTY, INC

107 5th Ave NW, Watertown, SD 57201
/22
$199,000
- 3 Beds
- 1.5 Baths
- 1,536 Sq Ft
108 13th St NW, Watertown, SD 57201

Nestled on a beautifully landscaped lot, this charming home offers warmth, character and comfort throughout! Light filled open concept layout on the main floor, with 2 bedrooms and 1 full bath. Lower level has a huge family room, large storage room with a hidden half bath, along with a non-conforming bedroom. So many options to make the lower level your perfect space. Detached, double garage with

Ann Schmidt REAL ESTATE PROFESSIONALS

108 13th St NW, Watertown, SD 57201
/15
$115,000

$10K PRICE INCREASE
- Land
- 2 Acres
- $57,500 per Acre
L9 B3 17th St SW, Watertown, SD 57201

Discover a unique opportunity to create your ideal residence, whether it be a dream home, barndominium, shophouse, or a property featuring an outbuilding. This PUD-zoned 2-acre building lot is located in KAK's 4th Addition, conveniently situated near Pelican Lake and equipped with all city utilities.

Jason Goette SoDak Realty, LLC

L9 B3 17th St SW, Watertown, SD 57201
/3
$100,000
- Land
- 1.15 Acres
- $86,957 per Acre
L18 B7 18th Ave SW, Watertown, SD 57201

Jason Goette SoDak Realty, LLC

L18 B7 18th Ave SW, Watertown, SD 57201
/25
$149,900

$20K PRICE DROP
- 2 Beds
- 1 Bath
- 1,546 Sq Ft
207 3rd Ave NE, Watertown, SD 57201

THIS HOME HAS A RENTER. A MINIMUM OF 6 HOUR NOTICE IS REQUIRED FOR ALL SHOWINGS. THIS NICE, SOLID HOME IS A RARE OPPORTUNITY TO GET INTO AN AFFORDABLE HOME, DO YOUR OWN COSMETIC DECORATING, AND BUILD SOME INSTANT SWEAT EQUITY! THIS HOME IS NOT IN THE FLOOD ZONE AND COMES WITH A NICE, SPACIOUS 720 SQ FT DETACHED GARAGE. THE SHED IS NOT PART OF THE PROPERTY. DON'T MISS THIS RARE OPPORTUNITY! CALL

Lynn Morris THE REALTY TEAM

207 3rd Ave NE, Watertown, SD 57201
/3
$100,000
- Land
- 1.31 Acres
- $76,336 per Acre
L14 B6 17th Ave SW, Watertown, SD 57201

Jason Goette SoDak Realty, LLC

L14 B6 17th Ave SW, Watertown, SD 57201
/19
$110,000
- 2 Beds
- 1 Bath
- 575 Sq Ft
0 Stony Pointe Trail, Watertown, SD 57201

Do you want to own a lake cabin but don't want to be responsible for real estate taxes, lawn care, utilities and the high cost of lake property? Then this is for you! Has 2 beds, 1 bath, boat marina right outside your door! These 4 homes are so completely cute-your affordable lake getaway! Annual lot rent includes utilities. You may rent the boat slip for $2,000 annual for boats for $1,000

Joy Nelson HAUGAN NELSON REALTY, INC

0 Stony Pointe Trail, Watertown, SD 57201
/3
$100,000
- Land
- 1.15 Acres
- $86,957 per Acre
L19 B7 18th Ave SW, Watertown, SD 57201

Jason Goette SoDak Realty, LLC

L19 B7 18th Ave SW, Watertown, SD 57201
/10
$100,000
- Land
- 0 Sq Ft
B6 PAGE B Kak's 4th Addition Unit 17th Ave SW, Watertown, SD 57201

It sure is hard to find residential lots big enough to put your house and shop on for all your toys until now! Introducing Kak's 4th Addition by Pelican Lake in Watertown. These lots all have Watertown Municipal utilities, water, sewer, electric, and garbage. The roads are paved and street lights are up, so take a drive out and see these in person! See Documents for lot pricing, legals and size.

Jason Goette SoDak Realty

B6 PAGE B Kak's 4th Addition Unit 17th Ave SW, Watertown, SD 57201
/3
$100,000
- Land
- 1.4 Acres
- $71,429 per Acre
L13 B6 17th Ave SW, Watertown, SD 57201

Jason Goette SoDak Realty, LLC

L13 B6 17th Ave SW, Watertown, SD 57201
/2
$125,000

$5K PRICE INCREASE
- Land
- 1.74 Acres
- $71,839 per Acre
L8B3 17th Ave SW, Watertown, SD 57201

THIS 1.74 LOT WITH AN EXCELLENT LAKE VIEW IS THE PERFECT OPPORTUNITY TO BUILD YOUR DREAM HOME! THIS LOT IS CONVENIENTLY LOCATED NEAR LAKE PELICAN AND EQUIPPED WITH ALL CITY UTILITIES!

SYDNEY MALONEY THE REALTY TEAM

L8B3 17th Ave SW, Watertown, SD 57201
/4
$185,000
- 6 Beds
- 3 Baths
- 2,870 Sq Ft
11 4th Ave NE, Watertown, SD 57201

Looking for income property-here it is! Triplex, 2 bed apartments and 1 1 bed. Triple stall garage, two stall currently occupied by owner so could be rented for additional income. Great location close to town.

Joy Nelson HAUGAN NELSON REALTY, INC

11 4th Ave NE, Watertown, SD 57201
/3
$100,000
- Land
- 1 Acre
- $100,000 per Acre
L1B B9 17th Ave SW, Watertown, SD 57201

Jason Goette SoDak Realty, LLC

L1B B9 17th Ave SW, Watertown, SD 57201
/14
$149,999
- 3 Beds
- 1 Bath
- 1,672 Sq Ft
313 9th St SE, Watertown, SD 57201

Opportunity awaits with this 3-bedroom, 1-bath home full of potential! Whether you're an investor or a buyer looking to build sweat equity, this fixer-upper offers a great chance to make it your own. Priced below assessed value, this property presents immediate upside for the right buyer. The home features a great layout with three bedrooms and spacious living area, ready for your updates and

Noel Solum EXIT REALTY CONNECTION

313 9th St SE, Watertown, SD 57201
/2
$100,000
- Land
- 2.48 Acres
- $40,323 per Acre
TBD 17th Ave SW, Watertown, SD 57201

Beautiful 2.4 acre lot with views of the countryside and a short walk to Lake Pelican. Short drive from town - within city limits. City hookups. New development with new homes and fresh paved road with street light on the corner and a fire hydrant across the street. One of the remaining lots on the street with easy access to the future bike path, and this property is also on the school bus route!

CARLA ROBY WATERTOWN REAL ESTATE

TBD 17th Ave SW, Watertown, SD 57201

South Dakota Codington County Watertown

Home Trends in Watertown, SD

On average, homes in Watertown, SD sell after 50 days on the market compared to the national average of 58 days. The median sale price for homes in Watertown, SD over the last 12 months is $294,900, up 6% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$294,900

Median Single Family Sale Price

$299,900

Median Townhouse Sale Price

$355,500

Median 2 Bedroom Sale Price

$255,000

Average Price Per Sq Ft

$153

Number of Homes for Sale

Last 12 months Home Sales

325

Months of Supply

3.30

Median List Price

$319,900

Median Change From 1st List Price

Median Home Sale Price YoY Change

How to Buy a Home How to Finance a Home How to Sell a Home

In Watertown, you'll find a diverse selection of properties with 22 homes for sale under $200,000, catering to budget-conscious buyers seeking affordable housing solutions. Whether you're a first-time homebuyer in search of a cozy starter home or an investor eyeing a promising opportunity, these affordable homes provide a gateway into the real estate market in Watertown, SD.

Watertown Types of Homes for Sale

Watertown Homes by Price

More About Living in Watertown

Homes for Sale in Nearby Counties

Codington County Homes for Sale

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