Aberdeen, SD is an attractive housing market for potential buyers due to their comparatively high median value of $218,900. This is significantly lower than the US median value of $338,100 and suggests that Aberdeen is a more affordable option for homebuyers. Furthermore, Aberdeen has experienced a 14.45% house appreciation rate in the past year which is higher than the 8.27% seen in the US overall. This makes it an ideal location to purchase a property as it is likely to increase in value over time.
The median home cost in Aberdeen is $218,900. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Aberdeen is up 17.2%.
Average Age of Homes
- The median age of Aberdeen real estate is 48 years old
The Rental Market in Aberdeen
- Renters make up 33.9% of the Aberdeen population
- 3.7% of houses and apartments in Aberdeen, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.