Frankfort, South Dakota.
Typical home $185,612 (+9.5% in a year).
to buy the typical home at today's mortgage rate — +$568 (+140%) since Jan 2020.
- 1 year
- Up $16,137 +10%
- $169,475$185,612 since Sep 2025
- 5 years
- Up $46,959 +34%
- $138,653$185,612 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Frankfort$974
- South Dakota$1,668
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 12 years.
Typical home values in Frankfort, SD rose 9.5% over the past year — faster than the nation's +1.2%.
Living in Frankfort, Spink County, South Dakota
Frankfort is a city of 134 people in Spink County. 98% of its homes are lived in by their owners and 2% are rented. Unemployment in Spink County was 2.1% in August 2026, and the county had 2.6% more jobs in 2025 than the year before. The most people in Spink County work in schools and health care, then farming.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Frankfort is a very small city in Spink County, South Dakota, where nearly everyone lives in a home they own rather than rent. Poverty is low, and a typical home here costs less than many people would expect to pay elsewhere. Winters are cold, with January the coldest month and highs staying well below freezing, while summers turn warm in July, and precipitation is on the light side, falling as both rain and snow.
Work. Many residents work in schools, hospitals and social care, and others in farming, the building trades or local shops. Across Spink County, some of the largest workplaces are Legacy Healthcare, Redfield School District and Community Memorial Hospital. Unemployment across the county is low and has held steady over the past year, and the county has more jobs than it did a year earlier.
Things to do. Fisher Grove State Park is a protected area in or beside town, a natural spot close to home. Farther afield, Connors Lake and Cottonwood Lake are both lakes a longer drive away, and a number of other lakes lie in the same direction for anyone who wants time on the water.
Report a mistake
- 6%below the poverty line
What people in Spink County work in
Employed residents by industry, from the Census survey. Spink County had 2,371 jobs in 2025, 2.6% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 23° and lows near 3°; warmest in July, with highs near 84° and lows near 60°. About 23 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Redfield weather station, 11 miles away (NOAA).
Largest workplaces in Spink County
- Legacy HealthcareConvalescent homes or convalescent hospitals103
- Redfield School District 56-4School district103FTE
- Community Memorial HospitalCritical access hospital76FTE
- Eastern Star Home of South DakotaNursing homes75
- Hitchcock Tulare School District 56-6School district53FTE
- Northwestern Area School District 56-7School district52FTE
- Redfield EnergyEthanol, nonpotable, manufacturing47
- Doland School District 56-2School district39FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 4 workplaces with 20 or more staff, 258 people in all across the county; Frankfort has none of its own. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Cold wavesVery high
- HailVery high
- Winter weatherVery high
- Ice stormsRelatively high
- Inland floodingRelatively high
- TornadoesRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Frankfort’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Spink County.
Frankfort home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Frankfort$185,612
- South Dakota$317,874
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Zip codes with a Frankfort address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Frankfort — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.