Is Frederick, SD 57441 a buyer’s or seller’s market?
Frederick is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Frederick housing market right now
In the three months ending August 31, 2026, 0% of homes in Frederick, SD 57441 sold above their list price and the typical home went under contract in 174 days. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (57 days then) and the median sale price rose 353% to $346,100. Overall, Frederick is less competitive than a year ago, which gives buyers more room.
Nearby, Aberdeen 57401 (15% sold over asking) is even more competitive.
Run the numbers for 57441
Nearby markets
Aberdeen 57401Seller’s market $223 /sq ftBarnard 57426 — /sq ftBath 57427 $189 /sq ftGroton 57445 — /sq ft Browse all markets →Where Frederick is
Loading map…
Questions about Frederick real estate
How fast do homes sell in Frederick?
The typical home went under contract in 174 days in the latest three months.
Do homes in Frederick sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.6% of the list price.
What are property taxes in Frederick?
About 1.18% of a home’s value a year in Brown County, or roughly $4,720 on a $400,000 home.
What is the median home price in Frederick?
The median sale price was $346,100 in the three months ending August 31, 2026, about $229 per square foot.
Local agents
See all agents in 57441 →No sponsored agents in 57441 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 57441
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology