Market Summary

Watertown, Codington County, SD

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Median Home Price Price

$296,228 $296.2K

Median Monthly Rent Rent

$1,084 $1.1K

GRM

23.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Codington County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets within SD outside of Codington County

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Home prices

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Monthly rent

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GRM

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Similar markets outside of SD

Region Price Rent GRM Display
$127,677 $947 11.0x
$337,035 $1,104 25.0x
$393,267 $1,304 25.0x
$211,210 $1,179 15.0x
$543,532 $1,106 41.0x
$358,160 $1,740 17.0x
$315,225 $1,073 24.0x
$205,268 $1,190 14.0x
$212,414 $1,570 11.0x
$292,235 $1,065 23.0x
$358,794 $1,204 25.0x
$192,457 $1,000 16.0x
$339,612 $1,069 27.0x
$186,901 $1,147 14.0x
$214,543 $1,089 16.0x
$783,553 $3,559 18.0x
$215,642 $1,063 17.0x
$358,564 $1,087 27.0x
$120,756 $775 13.0x
$220,423 $1,128 16.0x
$382,682 $1,520 21.0x
$172,960 $922 16.0x
$490,445 $1,108 37.0x
$546,686 $1,040 44.0x
$254,652 $1,021 21.0x
$341,438 $1,366 21.0x
$157,015 $1,183 11.0x
$166,023 $1,083 13.0x
$173,401 $963 15.0x
$361,077 $1,097 27.0x
$240,019 $1,306 15.0x
$271,184 $1,131 20.0x
$205,347 $1,218 14.0x
$180,104 $1,217 12.0x
$260,148 $1,142 19.0x
$456,941 $1,695 22.0x
$130,966 $749 15.0x
$241,793 $1,069 19.0x
$406,853 $1,134 30.0x
$146,721 $1,333 9.0x
$401,109 $1,038 32.0x
$672,668 $1,958 29.0x

Home prices

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Monthly rent

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GRM

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Watertown

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Trend Insights

Median Rent in Watertown, SD is $1,084, with MoM change +$8 and YoY change +$39 pointing to positive momentum while volatility is low (std $8).

Benchmark Markets Side by Side

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Metric
Base market Watertown, SD
Compare market Select a market
Delta vs base
Median rent
$1,084
N/A
Median price
$296,228
N/A
YoY change
+$39
N/A
Price-to-rent
22.8x
Data unavailable
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