The story of this market
The typical home in ZIP 57441 sells for about $225,000, or $135 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 88 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $683 a month.
ZIP 57441 — Frederick
The housing market in 57441 is characterized by very low inventory and minimal sales activity, reflecting a stable but stagnant rural market. Prices have seen modest appreciation over the last decade, driven by limited supply rather than high demand. The area remains an affordable, quiet enclave with little development momentum.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle with low housing costs, though it offers limited amenities and employment opportunities.
Median prices moved up 2.5% year over year.
Homes spend a median of 88 days on market with 6.2 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.7% · poverty 9.1% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 57441, Brown County SD
The area is served by the Frederick Area School District, which maintains a small-town educational environment with limited extracurricular offerings compared to larger regional districts.
The region faces moderate risks from severe thunderstorms and winter weather, with standard property insurance coverage generally available.
The local economy is primarily driven by agriculture and small-scale local services, with limited new commercial development or major infrastructure projects currently underway.
Property taxes are assessed at the county level based on market value, with local school district levies comprising the largest portion of the tax bill.
Commuting is primarily by private vehicle, with most residents traveling to nearby regional hubs for employment; public transit options are not available.
Local recreation is centered on outdoor activities, including access to nearby public lands and community parks, with limited retail and dining options within the immediate ZIP.
The rental market is characterized by low inventory and stable, modest rent levels, with very few multi-family developments present.
The economy is heavily reliant on the agricultural sector, with local businesses supporting farming operations and basic community needs.
Transportation is entirely dependent on personal vehicles, with no public transit infrastructure serving the area.
There are no major commercial or residential developments currently approved or under construction in the ZIP.
The Brown County Director of Equalization manages property assessments, focusing on annual market value adjustments.
Parcels are subject to school district taxes and county-level levies for road maintenance and emergency services.
Property insurance premiums are stable, though coverage for wind and hail damage is a standard consideration for homeowners.
South Dakota is a non-judicial foreclosure state, allowing for efficient processing of defaults.
Sellers are required to provide a property condition disclosure statement to buyers at the time of sale.
Data retrieved from data.census.gov ZCTA 57441 profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Provides local green space and community gathering areas.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.