Aberdeen, South Dakota Real Estate & Housing Market

Aberdeen, SD Listings

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Aberdeen Housing Information

Index	Aberdeen	South Dakota	National
Median home price	$140,300	$146,700	$184,700
Median rent asked	$616	$676	$949
Avg. people per household	2.2	2.4	2.6
Owner occupied households	60.4%	67.8%	63.6%
Renter occupied households	39.6%	32.2%	36.4%

Above, you'll find an overview of the real estate market in Aberdeen, SD. Generally, real estate in the Aberdeen, SD area is more affordable in South Dakota, as the median price of a home in Aberdeen, SD is $140,300, which is 4% lower than the South Dakota average. The median rental price in Aberdeen, SD is $616. This is 9% lower than the average rental price in South Dakota. Home owners comprise 60.4% of the population of Aberdeen, SD, where an average of 2.2 people live in each home. Various real estate options from luxurious homes to affordable condos and urban townhomes are available in Aberdeen, SD. Below, you can search for real estate listings in Aberdeen, SD using our search functionality that allows you to personalize your search and filter out location, price, and number of bedrooms and bathrooms.

Aberdeen Home Affordability

When searching for real estate in Aberdeen, SD, home affordability is a critical aspect. The ratio of the house price to the median household income is one method used to figure out home affordability. In Aberdeen, SD, the median house price is $140,300, while the median income for households in the area is $46,330. Therefore, the ratio of house price to income is 3.0x; this ratio is 8% higher than the average in South Dakota. The calculation for the ratio of home affordability requires dividing the median household income by the median house price. The lower the aforementioned ratio, the more affordable homes are - when comparing the house price to the household income. However, there are more factors that come into play in terms of home affordability. The calculator below determines home affordability, and it can help you decide how much money you can afford to pay for real estate in Aberdeen, SD.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Bath Corner, SD	111	$0	100%
Wetonka, SD	3	$0	100%
Stratford, SD	65	$0	100%
Columbia, SD	149	$58,000	69%
Westport, SD	123	$68,600	63%
Aberdeen, SD	27,783	$140,300	24%

Cities with similar population

City, State	Population	Home Price	National Avg.
Benicia, CA	27,780	$475,500	157%
Sahuarita, AZ	27,780	$178,000	4%
Melrose, MA	27,787	$437,100	137%
Saugus, MA	27,773	$352,700	91%
Shaker Heights, OH	27,773	$213,100	15%
Aberdeen, SD	27,783	$140,300	24%

Source: The Aberdeen, SD housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).