Home prices
The median home price in Watertown is $170,500. Compared to its surrounding areas this is about $80,000 (88%) higher.In comparison to the rest of the nation it is about $47,000 (21%) lower, and compared to the city of Sioux Falls is roughly $19,300 (10%) lower.
Rents
In Watertown the median rent is $760 per month. Compared to nearby areas it is approximately $128 (20%) higher.Compared to the rest of the country it is roughly $302 (28%) lower, and is roughly $67 (8%) lower in comparison to the city of Sioux Falls.
Nearby places
Florence
Florence is roughly 11 miles northwest from Watertown. Its real estate prices are a lot less expensive. Florence's median home value is $95,600, which comes out to $74,900 (78%) lower than Watertown. The rent there is similar. The median rent in Florence is $759 per month, which is very similar to Watertown.
Castlewood
Castlewood is about 12 miles southeast of Watertown. Housing prices there are somewhat less expensive. The value of the median home in Castlewood is $141,500, which is $29,000 (20%) lower than Watertown. Its rents are a bit less expensive. The median rent in Castlewood is $610 per month, which is $150 (24%) lower than Watertown.
Goodwin
Goodwin is roughly 12 miles east from Watertown. The housing prices there are a lot less expensive. Goodwin's median home price is $84,500, which comes out to $86,000 (101%) lower than Watertown. Its rents are a bit less expensive. Goodwin's median monthly rent is $675, which comes out to $85 (12%) lower than Watertown.
Henry
Henry is approximately 12 miles west from Watertown. Real estate prices there are significantly less expensive. The median home in Henry is valued at $82,700, which works out to $87,800 (106%) lower than Watertown. The rent there is a bit less expensive. The median monthly rent in Henry is $683, which comes out to $77 (11%) lower than Watertown.
South Shore
South Shore is about 15 miles northeast of Watertown. Its real estate prices are substantially less expensive. South Shore's median home price is $48,200, which is $122,300 (253%) lower than Watertown. The rent there is a lot less expensive. The median monthly rent in South Shore is $435, which works out to $325 (74%) lower than Watertown.
