The housing market in the Aberdeen, SD Metro Area is thriving, with the median value of a house at $201,500. This is significantly lower than the national median value of $338,100. As such, it makes Aberdeen an attractive location for potential homeowners. Moreover, the rate of appreciation over the last year has been 14.56%, which is higher than the average US house appreciation rate of 8.27%. This makes Aberdeen a great opportunity for investment in the housing market.
The median home cost in Aberdeen Metro Area is $201,500. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Aberdeen Metro Area is up 17.2%.
Average Age of Homes
- The median age of Aberdeen Metro Area real estate is 47 years old
The Rental Market in Aberdeen Metro Area
- Renters make up 26.3% of the Aberdeen Metro Area population
- 2.8% of houses and apartments in Aberdeen Metro Area, 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.