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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Aberdeen, SD Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Aberdeen, SD Housing Market Trends

With a population of 28,210, 12,114 total housing units (homes and apartments), and a median house value of $295,698, Aberdeen real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Aberdeen, accounting for 53.94% of the city's housing units. Other types of housing that are prevalent in Aberdeen include large apartment complexes or high rise apartments ( 30.42%), duplexes, homes converted to apartments or other small apartment buildings ( 8.67%), and a few mobile homes or trailers ( 3.50%).

People in Aberdeen primarily live in small (one, two or no bedroom) single-family detached homes. Aberdeen has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Aberdeen built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Aberdeen built between 1940-1969 ( 27.66%). A lesser amount of the housing stock also hails from between 2000 and later ( 19.35%). There's also some housing in Aberdeen built before 1939 ( 18.83%).

Aberdeen Home Appreciation Rates

Aberdeen's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Aberdeen during the period has been just 4.48%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Aberdeen's appreciation rate, at 6.45%, has been at or slightly above the national average. In the latest quarter, Aberdeen's appreciation rate has been 0.87%, which annualizes to a rate of 3.52%.

Relative to South Dakota, our data show that Aberdeen's latest annual appreciation rate is higher than 70% of the other cities and towns in South Dakota.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Aberdeen differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Aberdeen - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Aberdeen real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$295,698

Aberdeen, SD Home Prices
> $1,279,000
$960,001 - $1,279,000
$640,001 - $960,000
$511,001 - $640,000
$384,001 - $511,000
$256,001 - $384,000
$128,001 - $256,000
$64,001 - $128,000
$0 - $64,000
0.1%
0.1%
2.0%
2.0%
3.2%
3.2%
8.0%
8.0%
8.7%
8.7%
26.0%
26.0%
36.6%
36.6%
8.4%
8.4%
7.2%
7.2%
0% 100.0%
% of Homes
High

for South dakota

Average

for nation

Number of Homes And Apartments:

12,114

Aberdeen Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,295 / per month

Homeownership Rate

Owners
Renters
55.8%
55.8%
44.2%
44.2%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
9.4%
9.4%
90.6%
90.6%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
19.4%
19.4%
34.2%
34.2%
27.7%
27.7%
18.8%
18.8%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
53.9%
53.9%
2.7%
2.7%
8.7%
8.7%
30.4%
30.4%
3.5%
3.5%
0.7%
0.7%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
3.2%
3.2%
17.3%
17.3%
29.2%
29.2%
25.3%
25.3%
18.0%
18.0%
7.1%
7.1%
0% 100.0%
% of Homes

Popular Communities Near Aberdeen, SD

Zip Codes in Aberdeen, SD