Watertown, SD Real Estate
According to census data in the year 2000 there were 9,196 housing units in Watertown.
This represents a 20.5% growth from 7,631 in 1990.
Of those housing units, 8,876 were located in either urbanized areas or urban clusters, and 320 were located in what is classified as a rural area.
Homeownership rate in Watertown is about 66.1%.
Watertown's vacancy rate, including seasonal lodging, is about 8.8%.
Average household size is 2.38 people.
The majority of houses, apartments or condos in Watertown were built after 1971.
|Housing Units by Size|
|Five Bedrooms or more||3.70%|
Owned Homes, Apartments and Condos
|Average Household Size||2.67|
|Median year structure was built||1971|
|Median Value of occupied units||$84,600|
|Median Price asked for vacant units||$57,000|
Rented Homes, Apartments and Condos
|Average Household Size||1.8|
|Median year structure was built||1972|
|Median Monthly Rent asked for vacant units||$331|
Owners Finance Status
|Second Mortgage & Equity Loan||1%|
|Home Equity Loan||10.70%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.3%|