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Watertown Foreclosure Listings

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Low Cost of Living Makes Buying a Foreclosure a Steal in Watertown, South Dakota

Watertown, South Dakota has only 4 foreclosure listings within its small town of only 20,530 residents. There are approximately 8,400 homes and the cost of living is 15% below national average. Since the unemployment rate is only at 2.5%, it is a great place to find a job. There are currently 271 homes for resale on the market. Approximately 60% of the homes are owned and this means there is a well-entrenched community there. Another good reason to live there is that there may be only one high school, but the pupil to teacher ratio is in about the moderate range, at 14 to 1.