Frederick town, SD is a great place to live with a median housing value of $107,500. This is significantly lower than the US housing median value of $338,100. Despite this lower cost of living, residents in Frederick town have seen their homes appreciate at a rate of 14.45% over the past year - more than double the appreciation rate across the country which stands at 8.27%. With such strong appreciation and an overall low cost of living, Frederick town presents an attractive opportunity for those looking to purchase or invest in property.
The median home cost in Frederick is $107,500. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Frederick is up 17.2%.
Average Age of Homes
- The median age of Frederick real estate is 78 years old
The Rental Market in Frederick
- Renters make up 23.9% of the Frederick population
- 5.0% of houses and apartments in Frederick, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.