Market Overview
Home Prices in Goodwin, SD
The median home value in Goodwin, SD is $483,707 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.3% compared to a year ago and down 7.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Goodwin are priced18% above average. Goodwin is part of the Watertown, SD metro area.
Over the past five years, Goodwin home values have risen by approximately20.2%, reflecting strong long-term appreciation in this market.
Price History
Goodwin Home Price Trend
City Comparison
Goodwin vs. National Median
At $483,707, homes in Goodwin cost 18% above the national median of $410,000. Buyers in Goodwin should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Goodwin?
20% Down Payment
$96,741
on $483,707
Monthly P&I
$2,523/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,204/mo
incl. taxes & insurance
Income Needed
$128,160
gross annual (30% rule)
10% Down Option
$48,371
+ PMI applies
Loan Amount (20% dn)
$386,966
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Goodwin, SD?
The median home value in Goodwin is $483,707 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.3% year-over-year.
How much have home prices changed in Goodwin?
Over the past year, home values in Goodwin have increased by 5.3%. Over five years, prices have risen approximately 20.2%.
How much do I need to earn to buy a home in Goodwin?
To comfortably afford the median home price of $483,707 with a 20% down payment ($96,741) at today's rates (6.8%), you'd need a gross annual income of approximately $128,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Goodwin compare to the national average home price?
The national median home value is approximately $410,000. At $483,707, homes in Goodwin are 18% above the national average.
What metro area is Goodwin part of?
Goodwin is part of the Watertown, SD metropolitan area. Home prices and market conditions can vary across the broader metro region.