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FREEMAN, SD 57029

Real Estate Market Report  ·  Hutchinson County
Seller's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The FREEMAN, SD real estate market (57029) currently shows 5 active listings, with 1 pending sales. Homes are averaging 31 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 31 days on market compared to 245 days last year.

The median listing price has risen 28.5% year-over-year, from $244,900 to $314,700.

Whether you are buying or selling in FREEMAN, SD, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 2,330  ·  Density: 4.7/mi²  ·  Median household income: $70,938

Typical home value: $164,039  ·  Homeownership: 78.1%

Market Overview

Active Listings
5
⇩ 16.7% vs 6 last year
Pending
1
20% pending ratio
Median Price
$314,700
⇧ 28.5% vs $244,900 last year
Average Price
$306,075
⇧ 2.2% vs $299,355 last year
Days on Market
31
⇩ 87.3% vs 245 days last year

Price Per Square Foot

Median $/sqft
$158
⇧ 36.2% vs $116/sqft last year
Median Home Size
1,426 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 6 last year
  • Days on market: 31 now vs 245 last year

Median & Average Pricing

Year over Year
  • Median: $314,700 (+28.5% YoY)
  • Average: $306,075 (+2.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 30.7 miles — 123 listings ($41,073,402 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
57029Freeman, SD 570290.0 mi4$1,349,800$314,700$337,450
57043Marion, SD 5704310.3 mi2$928,900$464,450$464,450
57319Bridgewater, SD 5731913.9 mi6$759,996$145,000$126,666
57053Parker, SD 5705317.9 mi9$2,744,550$304,950$304,950
57070Viborg, SD 5707018.9 mi4$1,438,668$449,000$359,667
57059Scotland, SD 5705920.5 mi2$220,000$90,000$110,000
57366Parkston, SD 5736623.5 mi3$501,900$172,000$167,300
57021Davis, SD 5702125.6 mi1$584,900$584,900$584,900
57311Alexandria, SD 5731126.0 mi1$825,000$825,000$825,000
57072Volin, SD 5707227.9 mi2$270,000$135,000$135,000
57078Yankton, SD 5707829.0 mi80$28,361,120$334,000$354,514
57334Ethan, SD 5733429.5 mi1$1,300,000$1,300,000$1,300,000
57014Centerville, SD 5701430.7 mi8$1,788,568$175,000$223,571

Frequently Asked Questions

How many homes are for sale in FREEMAN, SD 57029?

As of February 2026, there are 5 active listings in FREEMAN, SD (zip code 57029), compared to 6 the prior year.

What is the median home price in FREEMAN, SD 57029?

The median listing price in FREEMAN, SD 57029 is $314,700 as of February 2026, a 28.5% increase from $244,900 the prior year.

How long do homes stay on the market in FREEMAN, SD?

Homes in FREEMAN, SD 57029 spend an average of 31 days on the market before going under contract, compared to 245 days the prior year.

Is it a seller's or buyer's market in FREEMAN, SD 57029?

Based on current inventory and days-on-market data as of February 2026, FREEMAN, SD 57029 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 31 days on market compared to 245 days last year.

How much can I save on real estate commission in FREEMAN, SD?

With SELL123.com's maximum 3% commission, sellers in FREEMAN, SD 57029 save an estimated $6,294 compared to a typical 5% commission on the median listing price of $314,700. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.