Foreclosure Homes in Aberdeen, SD 57401

Current Market Conditions in Aberdeen, SD

The real estate market in Aberdeen has seen steady growth over the past year, with a slight increase in home prices indicative of its developing economy. More families are moving in due to the affordable housing options and the quality of life offered by the city. This trend shows promising potential for investors looking to enter the market.

Several new construction projects have emerged as developers seek to meet the increasing demand for housing. With some new neighborhoods forming and older homes being renovated, the market reflects a healthy turnover of properties that attract buyers.

Rent Prices In Aberdeen, SD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Aberdeen, SD, is on a rollercoaster ride. The average rent price in Aberdeen, SD, is $1,188.00. Indeed, when looking to rent in Aberdeen, SD, you can expect to pay as little as $550.00 or as much as $2,810.00, with the average rent median estimated to be $1,160.00. The good news is that finding an affordable and desirable property to rent in Aberdeen, SD -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.