Watertown FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Watertown, South Dakota.

Featured Foreclosure Listings in Watertown, SD

Watertown Home Foreclosure Listing ID: 1873257

Foreclosure

Watertown, SD - 57201

3 Bd | 2 Ba | $49,299.00

Watertown Home Foreclosure Listing ID: 2152372

Foreclosure

Watertown, SD - 57201

7 Bd | 2 Ba | $50,000.00

Watertown Home Foreclosure Listing ID: 2068335

Foreclosure

Watertown, SD - 57201

4 Bd | 2 Ba | $75,000.00

Watertown Home Foreclosure Listing ID: 2131389

Foreclosure

Watertown, SD - 57201

5 Bd | 1 Ba | $91,900.00

Watertown Home Foreclosure Listing ID: 2122373

Foreclosure

Watertown, SD - 57201

3 Bd | 3.5 Ba | $153,000.00

Total: 6
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
15 Photos
4TH STREET NORTHEAST Watertown SD 57201 Foreclosures 3 3.5 $153,000.00 Details
2
2 Photos
5TH AVE SW Watertown SD 57201 Foreclosures 4 2 $75,000.00 Details
3
1 Photo
2ND ST SE Watertown SD 57201 Foreclosures 5 1 $91,900.00 Details
4
5 Photos
N PARK ST Watertown SD 57201 Foreclosures 3 1 $77,900.00 Details
5
10 Photos
6TH AVE NE Watertown SD 57201 Foreclosures 3 2 $49,299.00 Details
6
1 Photo
W KEMP Watertown SD 57201 Foreclosures 7 2 $50,000.00 Details
About our Listings

How to Buy Watertown Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Watertown, SD starts with finding listings. By browsing Watertown foreclosure lists, you can find all kinds of properties either scheduled for sale at public foreclosure auctions or available directly from banks (known as bank-owned or REO homes). The foreclosure process moves quickly, but as long as you give yourself time to research the home that interests you, you can find fantastic deals when you buy foreclosures in Watertown, SD.

>> See more info about how to Buy foreclosures

How to Invest in Watertown Foreclosures

How to invest foreclosure

Watertown foreclosure homes are perfect for property investors because they can be purchased for below their actual market value right off the bat. To find the best Watertown real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Watertown foreclosure investment value. Remember, real estate investing isn't just about getting the lowest price, it's about buying desirable home in locations with the potential for future value. Don't buy the first thing you see at Watertown foreclosure short sales, wait for the right property at the right price.

>> See more info about how to invest in foreclosures

Types of Foreclosures in Watertown

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Watertown will have all kinds of opportunities. In addition to single family homes, you'll find lots of duplex, triplex, and multi family homes, which are great for investing. You'll find upscale townhouse and lofts, and all kinds of houses and condo foreclosures in Watertown, SD. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Watertown apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

>> Learn more about foreclosures

South Dakota Foreclosure Laws

Foreclosure law

South Dakota real estate foreclosures are both judicial and non-judicial foreclosures in that foreclosure houses can be processed through either mechanism. In a judicial foreclosure, distressed properties in Watertown have to be approved through a court before an auction can take place. In a non-judicial foreclosure, no court approval is required; the lender can file a Notice of Default and eventually put the auction up for sale. Real estate brokers can handle foreclosures after they have been either cleared by the court or put on the market by the lender. In either case, homes that do not sell at auction are now owned by the lender and are Watertown REO properties.

Watertown Banks Foreclosures

Bank Foreclosure

Watertown bank owned homes can be a great way for buyers to find cheap properties. When bank foreclosures in Watertown, SD are not sold through a foreclosure auction, they become REO homes that are under the bank's control. Buyers must then approach banks and make offers on Watertown bank owned foreclosures. These offers are either accepted or rejected. For this reason, many people find buying bank owned homes for sale in Watertown South Dakota to be similar to buying from an agent. Check our Watertown bank foreclosure listings and find discount properties.

>> See more info about bank foreclosures

Watertown Government Foreclosures

Government Foreclosure

Watertown Government homes are usually foreclosures with government-sponsored mortgages, but they can also be the result of a repossession due to a government tax lien. Most commonly you'll find homes from agencies like Freddie Mac, Fannie Mae, and the USDA, which are federal homes mortgage sponsors. Like like all lenders, they offer foreclosures for sale to the public. HUD homes in Watertown SD are another popular type of foreclosure, as are VA foreclosures in Watertown, which are available from the Veterans Affairs Department for especially great deals. Check our Watertown government foreclosure listings.

>> See more info about govermment foreclosures

Watertown Pre-Foreclosures

Foreclosure

PreForeclosures in Watertown are properties that are in default, but have not yet gone to foreclosure sale. The foreclosure period begins when the homeowner is issued a Watertown Lis Pendens, or Notice of Default. In some cases, the homeowner may attempt to pay off their debt during this time, but bankruptcies are also often declared. Law requires that bankruptcy homes and pre foreclosures must be in the pre foreclosure stage for at least 60 days before a foreclosure auction can be scheduled, but it can still takes weeks or months for a sale to occur.

>> See more info about pre-foreclosures

Watertown Foreclosure Auctions

Foreclosure Auction

Most Watertown foreclosed homes are sold through Sheriff auctions. These auctions are fantastic ways to find cheap houses for sale, often at up to 50% off market value. Anyone can bid at foreclosure auctions in Watertown, and the auction is overseen by the Sheriff's office or a trustee. Be sure to secure financing before you attend an auction, because a down payment on the winning bid will be required after the sale ends. Auctions are the most common and sought after way to buy repo homes in Watertown, SD. We offer a comprehensive Watertown foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Watertown, South Dakota

Find Home Foreclosure Listings in Watertown, SD

Watertown foreclosure listings are your ticket to the lowest prices on real estate in the city, and there's no better source for them than ForeclosureListingsNationwide.com. With our constantly updated database of foreclosure listings in Watertown, SD and easy-to-use search tools, finding the properties you want is fast and effective. Spend more time comparing Los Angeles apartment foreclosures, houses for sale or investment foreclosure properties and let us take care of the hard work! Use ForeclosureListingsNationwide.com to find bankruptcy houses for sale in Watertown South Dakota, best affordable foreclosure condo in Watertown, cheap apartments for sale, bargain foreclosed homes for sale in Watertown, SD and earn huge savings on the homes YOU want to buy!

Our Watertown Foreclosure Lists

You can find Watertown foreclosure homes for sale which you can buy for living or investment. Simply click through our Watertown foreclosure home listings to find government foreclosures and bank owned homes in Watertown area. If you're searching for a deep discount or low prices on real estate then searching our Watertown foreclosure lists for homes foreclosure for sale or short sale listing in Watertown is your answer. Our up-to-date Watertown short sale listings provide the latest investing opportunities on affordable Watertown bank owned property listings, government pre foreclosure lists, Watertown banrkuptcy homes and Watertown HUD repossessed homes for sale which can be found at below market value. With our massive foreclosure list in Watertown, you should have little trouble finding the cheapest deal on a foreclosed home in Watertown, South Dakota.



Watertown, SD

As of 2011, Watertown's population is 20,447 people. Since 2000, it has had a population growth of 1. 14 percent. The median home cost in Watertown is $122,100. Home appreciation the last year has been 0. 73 percent. Compared to the rest of the country, Watertown's cost of living is 9. 90% Lower than the U. S. average. Watertown public schools spend $4,090 per student. The average school expenditure in the U. S. is $5,678. There are about 15. 6 students per teacher in Watertown. The unemployment rate in Watertown is 5. 40 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Watertown jobs have Increased by 0. 66 percent. Average Commute time is 14 minutes. The National Average is 28 minutes.

Peoplewatertown, sdUS
Population20,447307,829,557
Pop Density1,35287
Pop Change1.14%9.34%
Median Age37.836.6
Households8,642116,329,167
Household Size2.312.58
Male Population49.67%49.31%
Female Population50.33%50.69%
Married Population56.47%47.15%
Single Population43.53%52.85%
Estimated Households By Household Incomewatertown, sdUS
Income Less Than 15k14.79%12.10%
Income Between 15k And 25k13.40%10.18%
Income Between 25k And 35k13.06%10.56%
Income Between 35k And 50k17.51%14.98%
Income Between 50k And 75k22.05%19.53%
Income Between 75k And 100k8.96%12.52%
Income Between 100k And 150k6.89%12.14%
Income Between 150k And 250k2.04%3.91%
Income Between 250k And 500k0.97%3.34%
Income Greater Than 500k0.34%0.75%
Economywatertown, sdUS
Unemployment Rate5.40%9.10%
Recent Job Growth0.66%-0.12%
Future Job Growth35.92%31.25%
Sales Taxes6.00%6.80%
Income Taxes0.00%6.25%
Income Per Cap$22,849$27,067
Household Income$42,468$52,954
Housingwatertown, sdUS
Median Home Age36.935.1
Median Home Cost$122,100$175,100
Home Appreciation0.73%-3.15%
Homes Owned55.82%59.90%
Housing Vacant10.52%10.37%
Homes Rented33.66%29.73%
Property Tax Rate$15.42$11.20
Owner Occupied Housing Units By Valuewatertown, sdUS
Less Than 20k3.41%2.65%
20k To 399993.49%3.76%
40k To 599997.03%4.99%
60k To 799998.64%6.01%
80k To 9999913.78%7.27%
100k To 14999934.08%19.24%
150k To 19999915.17%14.67%
200k To 29999911.20%18.09%
300k To 3999991.58%9.14%
400k To 4999991.00%4.94%
500k To 7499990.63%5.42%
750k To 9999990.00%2.03%
1kk Or More0.00%1.77%
Educationwatertown, sdUS
School Expend$4,090$5,678
Pupil Teacher Ratio15.614.9
Students Per Librarian1880803
Students Per Counselor537513
2 Yr College Grad6.80%7.47%
4 Yr College Grad18.16%17.42%
Graduate Degrees4.12%10.12%
High School Grads87.33%84.72%
Crimewatertown, sdUS
Violent Crime34
Property Crime44
Housing Units By Year Structure Builtwatertown, sdUS
1999 To 20059.32%13.71%
1995 To 19988.82%8.54%
1990 To 19946.71%5.77%
1980 To 198912.05%13.87%
1970 To 197917.66%16.17%
1960 To 19697.59%11.70%
1950 To 19599.30%11.08%
1940 To 19496.25%6.02%
1939 Or Earlier22.32%13.15%

Table Information