Aberdeen, SD metro area Housing Market
Cold MarketComprehensive housing market data for the Aberdeen, SD metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$222K
↓ 15.9% YoY
Days on Market
83 days
↑ 36.1% YoY
Active Inventory
115
↑ 26.4% YoY
Homes Sold
37
↑ 32.1% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Aberdeen, SD metro area Market Summary
The Aberdeen, SD metro area housing market is cooling down. As of March 2026, the median home sale price is $222K, down 15.9% year-over-year. Homes are spending a median of 83 days on the market, 36.1% longer than a year ago.
There are 115 homes for sale — 26.4% more than last year. With 3.1 months of supply, this is a seller's market. 48 new listings were added during this period, up 20.0% year-over-year.
Homes are selling for 96.1% of their list price on average, suggesting room for negotiation. 10.8% of homes sell above their asking price. 13.9% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
73
Contributing Factors
How This Market Compares
vs. National Median
vs. South Dakota Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. Prices are 49% below the national median, which could indicate stronger cash flow potential.
Aberdeen, SD metro area Market Trends
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Detailed Market Metrics
Median List Price
$260K
Price per Sq Ft
$197
Sale-to-List Ratio
96.1%
Months of Supply
3.1
Sold Above List
10.8%
Price Drops
13.9%
New Listings
48
↑ 20.0% YoY
Pending Sales
44
Off Market in 2 Weeks
13.6%
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.