Freeman, South Dakota.
Typical home $260,103 (+12.0% in a year). Sioux Falls, SD metro.
to buy the typical home at today's mortgage rate — +$793 (+139%) since Jan 2020.
- 1 year
- Up $27,814 +12%
- $232,289$260,103 since Sep 2025
- 5 years
- Up $65,322 +34%
- $194,781$260,103 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.
- Freeman$1,365
- 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 Freeman, SD rose 12.0% over the past year — faster than the nation's +1.2%.
Living in Freeman, Hutchinson County, South Dakota
Freeman is a city of 1,329 people in Hutchinson County. Half its households earn more than $57,440 a year and half less, against $73,977 across Hutchinson County. 75% of its homes are lived in by their owners and 25% are rented. Unemployment in Hutchinson County was 1.5% in August 2026, and the county had 0.7% more jobs in 2025 than the year before. The most residents work in schools and health care, then shops.
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 It can be wrong or out of date.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. Freeman is a small city in Hutchinson County, South Dakota, where most homes are lived in by their owners. Household incomes run below the county's, and a four-year degree is less common among adults than in many places. Winters are cold, with January highs near freezing at best and lows well below it, and a good deal of snow falls over the year. Summers turn properly warm by July.
Work. Residents work mostly in schools, hospitals and social care, with shops, manufacturing and farming also employing many. Among the largest workplaces in Freeman are Freeman Regional Health Services, a critical access hospital, and Vermeer Corporation - Freeman, which makes farm balers. Unemployment across Hutchinson County is low, and the trip to work is a short one for most people.
Things to do. Silver Lake is a lake a short drive away, and it is the closest place on the list for time by the water. Farther out, a longer drive away, are Swan Lake, another lake, and Porter Sculpture Park, a museum for a day trip with some art in it.
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- 587households
- 19%of adults have a degree
- 16 mintypical commute
- 4%work from home
What residents work in
Employed residents by industry, from the Census survey. Hutchinson County had 2,775 jobs in 2025, 0.7% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 28° and lows near 10°; warmest in July, with highs near 86° and lows near 63°. About 39 inches of snow and 25 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Menno weather station, 10 miles away (NOAA).
Largest workplaces in Freeman
- Freeman Regional Health ServicesCritical access hospital106FTE
- Stern Oil CompanyPetroleum and petroleum products bulk stations and terminals97
- Vermeer Corporation - FreemanBalers, farm-type, manufacturing91
- C & B Operations FreemanAgricultural machinery and equipment merchant wholesalers23
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 4 workplaces with 20 or more staff, 435 people in all. Hospitals come 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
- DroughtVery high
- TornadoesVery high
- Winter weatherVery high
- Cold wavesVery high
- HailVery high
- Strong windVery high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Freeman’s census tracts, against the rest of the country; all of them together, very 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 Hutchinson County and the Sioux Falls, SD metro.
Freeman home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Freeman$260,103
- 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.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Freeman7
Zip codes with a Freeman address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Freeman — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.