Commercial Real Estate Market in Aberdeen, SD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
66 active listings and 1,627 off-market properties in Aberdeen, SD. Commercial property asks $97/SF to buy and $15.00/SF/Yr to lease (based on 7 listings).
Market Trends
Aberdeen, SD spans 278.8 square miles in Brown County, South Dakota. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Aberdeen, SD has a median asking sale price of $165/SF (based on 7 listings). Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in Aberdeen, SD has a median asking sale price of $81/SF. Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Typical asking range for active listings in Aberdeen, SD (the middle half): Sale $70.40–$132/SF (median $81.44/SF, 13 listings).
Industrial
Industrial space in Aberdeen, SD has a median asking sale price of $165/SF (based on 3 listings). Vacancy runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Multifamily
Multifamily vacancy in Aberdeen, SD runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 40.9%
- Civic 23.8%
- Industrial 18%
- Commercial 12%
- Agricultural 4.4%
- Special 1%
Largest Zones share of zoned land by district
Aberdeen, SD zones 12,282 acres across 22 districts. Commercial zoning covers 12% of zoned land, residential 40.9% and industrial 18%. The largest single district is Municipal State And County Use District at 23.8%. For commercial buyers the practical constraint is that only 29.9% of land carries a commercial or industrial designation.
Sec. 60-63. M municipal, state and county use district. The purpose of this district is to provide various locations of city and county government and to permit construction of buildings pertaining thereto without exception. (Code 2011, § 60-63; Ord. No. 1164, § 713, 5-20-1968; Ord. No. 1233, § 7, 3-30-1970)
Market overview
Demographics & Economy
Aberdeen, SD has 32,275 residents in 15,016 households. Density runs 116 people per square mile. Median household income here is $68,183 and median gross rent $787 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Aberdeen?
How much does it cost to lease commercial space in Aberdeen?
What zoning applies to commercial property in Aberdeen?
Where does Realmo's Aberdeen market data come from?
Methodology & data sources
- Asking prices and medians
- There are 52 active for-sale and 14 active for-lease listings in Aberdeen, SD. The medians are based on 30 of the for-sale and 7 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 12,282 zoned acres across 22 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
