Housing & Real Estate — Watertown, South Dakota
Overview
| Total Housing Units | 10,984 |
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| Occupied | 10,237 |
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| Vacant | 747 |
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| Owner-Occupied | 6,416 |
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| Renter-Occupied | 3,821 |
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| Median Home Value (Census) | $229,400 |
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| Estimated 2026 | ~$275,000 |
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| Median Rent | $904/mo |
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| Median Property Tax | $2,285/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | N/A |
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| Rent as % of Income | N/A% |
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| Severely Rent-Burdened | 27.9% |
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Housing Age
| Built 2010 or later | 1,586 |
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| Built 2000-2009 | 1,542 |
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| Built 1990-1999 | 1,165 |
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| Built before 1960 | 3,411 |
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| Median Year Built | 1982 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
