Living in Frederick, SD
Frederick, SD, is a small town characterized by its strong community ties and lovely natural surroundings. Residents enjoy a peaceful lifestyle, with outdoor activities and local events contributing to a fulfilling living experience. The town fosters a sense of belonging and is ideal for families and individuals who prefer a quieter pace of life.
Current Market Conditions in Frederick, SD
The real estate market in Frederick, SD, remains stable with moderate demand for homes. Buyers looking for affordable housing find options in this town, as the market has not experienced drastic price spikes. There is a healthy interest in properties, especially for families and retirees seeking to settle in a serene environment.
In recent months, there have been slight fluctuations in home prices, but the overall market remains consistent, with homes being sold within reasonable timelines. The demand for smaller single-family homes is steady, making it an attractive location for first-time buyers.
Home Value Estimator For Frederick, SD
There are currently 147 real estate properties
in Frederick, SD,
with a median automated valuation model (AVM) price
of $203,145.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Frederick, SD, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Frederick, SD,
is $285,446.00, with the most expensive house
in Frederick, SD, topping out
at $1,362,334.00 and the cheapest home
in Frederick, SD,
clocking in at $60,105.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Frederick, SD!
Rent Prices
In Frederick, SD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Frederick, SD, is on
a rollercoaster ride. The
average rent price in Frederick, SD,
is $1,150.00. Indeed, when looking to rent in
Frederick, SD, you can expect to pay as little
as $680.00 or as much
as $1,720.00,
with the average rent median estimated to
be $1,040.00. The good news is that finding
an affordable and desirable property to rent in Frederick, SD
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
