Is Aberdeen, SD 57401 a buyer’s or seller’s market?
Aberdeen is a seller’s market. With about 2.2 months of supply and 15% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 36% of U.S. ZIP codes, and #21 of 33 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Aberdeen housing market right now
In the three months ending August 31, 2026, 15% of homes in Aberdeen, SD 57401 sold above their list price, the typical home went under contract in 63 days and there were 2.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 135 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 21%, homes sold more slowly (16 days then) and the median sale price rose 16% to $289,775. Overall, Aberdeen is less competitive than a year ago, which gives buyers more room.
On our competition score, Aberdeen ranks #21 of 33 SD ZIP codes with enough sales (score 38 out of 100).
Nearby, buyers who want less competition could look at Westport 57481 (0% sold over asking) or Frederick 57441 (0% sold over asking).
Run the numbers for 57401
Nearby markets
Barnard 57426 — /sq ftBath 57427 $189 /sq ftFrederick 57441 $229 /sq ftGroton 57445 — /sq ft Browse all markets →Towns like Aberdeen nearby
Find towns like Aberdeen in other states →Where Aberdeen is
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Questions about Aberdeen real estate
Is Aberdeen a buyer’s or seller’s market?
A seller’s market: there were 2.2 months of supply in Aberdeen, SD 57401 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Aberdeen?
The typical home went under contract in 63 days in the latest three months.
Do homes in Aberdeen sell over asking?
15% of homes sold above their original list price, and the typical sale closed at 97.3% of the list price.
What are property taxes in Aberdeen?
About 1.18% of a home’s value a year in Brown County, or roughly $4,720 on a $400,000 home.
What is the median home price in Aberdeen?
The median sale price was $289,775 in the three months ending August 31, 2026, about $223 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology