$95,000
1208 S 2nd St
Aberdeen, SD
Multi-family
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Aberdeen, SD Housing Market
Balanced market+4.4% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Aberdeen, SD is worth $243,866, rose 4.4% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $237,250, +3.8% year over year (through May 2026). With 2.1 months of supply and homes going under contract in about 59 days, Aberdeen is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $243,866 home is about $1,302/mo in principal and interest.
Key numbers for Aberdeen, SD
Typical home value
$243,866
+4.4% in 12 months
Zillow, August 2026
Typical asking rent
$1,097/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$237,250
+3.8% year over year
Redfin, through May 2026
Days on market
59
Average pace
Redfin, through May 2026
Active listings
76
2.1 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$63,715
Home costs 3.8x income
U.S. Census ACS, 2023
Sale-to-list ratio
96.0%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Aberdeen a buyer's or seller's market?
Balanced market2.1 months of supply59 days on market96.0% of asking
Aberdeen, SD is a balanced market, based on 2.1 months of supply and homes selling in about 59 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Aberdeen housing market data show?
Every row below is Redfin's final published month for Aberdeen, SD. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $237,250 |
| Median list price | $267,888 |
| Year-over-year price change | +3.8% |
| Median price per sq ft | $208/sq ft |
| Median days on market | 59 days |
| Active inventory | 76 listings |
| Months of supply | 2.1 months |
| Sale-to-list price ratio | 96.0% |
| Homes sold (that month) | 36 |
| New listings (that month) | 42 |
| Listings with a price cut | 25.0% |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Aberdeen is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Aberdeen is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Aberdeen home prices moved?
Over the last three years the median sale price in Aberdeen, SD rose 8.4%, from $218,800 to $237,250. The live Zillow value series has rose 4.4% in the last 12 months, which is the more current read now that Redfin's series has stopped. 25.0% of Aberdeen listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 2.1 months while the sale-to-list ratio slips below its current 96.0%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Aberdeen?
Priced off the typical home value of $243,866 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $48,773 | $195,093 | $1,302/mo |
| 5% | $12,193 | $231,673 | $1,546/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,302, that implies roughly $55,795 a year before you add taxes and insurance. The median household in Aberdeen earns $63,715, about $7,920 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.8x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Aberdeen in the next 12 months?
Tell us your timeline. We send the Aberdeen market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Aberdeen?
Typical asking rent in Aberdeen, SD is $1,097/mo, against a typical home value of $243,866. That is a price-to-rent ratio of 18.5x, which means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Compared head to head, 20% down puts principal and interest at $1,302 a month — $205 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Aberdeen?
Active listings in Aberdeen, SD went from 86 in May 2025 to 76 in May 2026, a -11.6% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 90 | 42 |
| July 2025 | 104 | 51 |
| August 2025 | 103 | 40 |
| September 2025 | 102 | 35 |
| October 2025 | 104 | 38 |
| November 2025 | 107 | 24 |
| December 2025 | 95 | 12 |
| January 2026 | 90 | 19 |
| February 2026 | 95 | 25 |
| March 2026 | 100 | 42 |
| April 2026 | 104 | 48 |
| May 2026 | 76 | 42 |
Redfin, through May 2026
How does Aberdeen compare to South Dakota and the U.S.?
Aberdeen homes sell for $237,250 — 32% below the South Dakota median of $346,600. Against the national median of $410,700, Aberdeen runs 42% lower. Year-over-year, Aberdeen moved +3.8% against South Dakota's +4.3% — a smaller swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Aberdeen, SD | $237,250 | +3.8% | 59 days |
| South Dakota statewide | $346,600 | +4.3% | 49 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Aberdeen
What buyers should watch
- Months of supply, currently 2.1. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 25.0%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $244 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $243,866 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Aberdeen listing goes under contract in 59 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 96.0% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Aberdeen added 42 new listings against 36 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +4.4% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Aberdeen varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Aberdeen
There are currently 76 homes listed for sale in Aberdeen, South Dakota. The median listing price is $268K. Featured listings range from $95,000 to $637,000.
$159,900
612 S Arch St
Aberdeen, SD
3 bd2 ba2,112 sqft$76/ft²
House
View photos & details
$160,000
920 S Washington St
Aberdeen, SD
Multi-family
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$174,000
514 4th Ave
Aberdeen, SD
Multi-family4,792 sqft lot
View photos & details
$269,900
313 Park Ave
Aberdeen, SD
5 bd3 ba3,190 sqft$85/ft²
House
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$296,500
512 S Kline St
Aberdeen, SD
5 bd3 ba2,509 sqft$118/ft²
House
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$299,900
924 N Main St
Aberdeen, SD
2 bd2 ba2,460 sqft$122/ft²
House
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$310,000
509 N Weber St Unit 14
Aberdeen, SD
2 bd2 ba1,509 sqft$205/ft²
Condo
View photos & details
$314,900
1307 N Dakota St Apt 1
Aberdeen, SD
2 bd2 ba1,440 sqft$219/ft²
Townhouse1.17 acres
View photos & details
$319,900
621 NE 17th Ave
Aberdeen, SD
5 bd2 ba2,448 sqft$131/ft²
House
View photos & details
$434,900
2333 S Lawson St
Aberdeen, SD
5 bd3 ba2,892 sqft$150/ft²
House11,326 sqft lot
View photos & details
$637,000
822 S Dunlin St
Aberdeen, SD
5 bd3 ba3,944 sqft$162/ft²
House24,829 sqft lot
View photos & details
Looking to buy in Aberdeen?
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Active listings
76
Homes on market
Median list price
$268K
Avg. days on market
59
Days until sale
New this week
42
Newly listed
Price drops:25.0%of listings
Sale-to-list:96.0%
How much do homes cost in Aberdeen by property type?
How the Aberdeen, SD market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $239,500 | $213/sq ft | 31 | 59 days |
| Condo / co-op | $325,000 | $193/sq ft | 1 | 235 days |
| Townhouse | $275,000 | $197/sq ft | 2 | 145 days |
Who lives in Aberdeen?
American Community Survey estimates for Aberdeen. U.S. Census ACS, 2023
Population
28,297
Households
12,341
Median income
$63,715/yr
Median age
35.8 years
Owner-occupied
58.4%
Median home value
$205,500
Median gross rent
$783/mo
Mean commute
11.1 min
58.4% of occupied homes in Aberdeen are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $205,500 against Zillow's $243,866 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $783/mo, below Zillow's $1,097/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Aberdeen?
12 schools tracked · 4,283 students
The largest public schools serving Aberdeen, SD by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Central High School - 01
Grades 9-12 · 1,374 students
Holgate Middle School - 02
Grades 6-8 · 490 students
Simmons Middle School - 03
Grades 6-8 · 458 students
Simmons Elementary - 10
Grades K-5 · 416 students
C C Lee Elementary - 05
Grades K-5 · 373 students
May Overby Elementary - 09
Grades K-5 · 353 students
O M Tiffany Elementary - 11
Grades K-5 · 290 students
Mike Miller Elementary - 07
Grades K-5 · 266 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Aberdeen, SD?
Ordered by distance from Aberdeen, not by size. Compare Aberdeen side by side with any of them.
Aberdeen housing market FAQ
Is Aberdeen a buyer's or seller's market?
Aberdeen, SD is currently a balanced market. That read comes from 2.1 months of supply, homes going under contract in about 59 days, and sellers getting 96.0% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Aberdeen?
The typical home in Aberdeen, SD is worth $243,866 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $237,250, about $208 per square foot.
Is Aberdeen cheaper than the rest of South Dakota?
Aberdeen's median sale price of $237,250 is 32% lower than the South Dakota statewide median of $346,600, and 42% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Aberdeen?
Homes in Aberdeen, SD spent a median of 59 days on market before going under contract, versus 49 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Aberdeen?
At the current 30-year fixed rate of 7.03%, 20% down on a $243,866 home is about $1,302 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $55,795 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $63,715.
Are home prices rising in Aberdeen?
The typical home value in Aberdeen, SD rose 4.4% over the last 12 months, from $233,478 to $243,866 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Aberdeen?
Aberdeen ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Aberdeen?
That depends on your timeline, not on a headline. What the data says today: Aberdeen, SD is a balanced market with 2.1 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 18.5x means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Properties Incorporated publishes the data; it does not give financial advice.
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