Brown County home listings asked for less money in April - see the current median price here
Compared to April 2024, the median home list price decreased 5% from $249,975.
The statistics in this article only pertain to houses listed for sale in Brown County, not houses that were sold. Information on your local housing market, along with other useful community data, is available at data.argusleader.com.
Brown County's median home was one square feet, listed at $0.2 per square foot. The price per square foot of homes for sale is down 2.1% from April 2024.
Listings in Brown County moved steadily, at a median 49 days listed compared to the April national median of 50 days on the market. In the previous month, homes had a median of 71 days on the market. Around 44 homes were newly listed on the market in April, a 12% decrease from 50 new listings in April 2024.
The median home prices issued by Realtor.com may exclude many, or even most, of a market's homes. The price and volume represent only single-family homes, condominiums or townhomes. They include existing homes, but exclude most new construction as well as pending and contingent sales.
Across the Aberdeen metro area, median home prices fell to $242,950, slightly lower than a month earlier. The median home had 2 square feet, at a list price of $0.2 per square foot.
In South Dakota, median home prices were $389,015, a slight increase from March. The median South Dakota home listed for sale had 1,257 square feet, with a price of $0.12 per square foot.
Throughout the United States, the median home price was $431,250, a slight increase from the month prior. The median American home for sale was listed at 467,514 square feet, with a price of $0.18 per square foot.
The median home list price used in this report represents the midway point of all the houses or units listed over the given period of time. Experts say the median offers a more accurate view of what's happening in a market than the average list price, which would mean taking the sum of all listing prices then dividing by the number of homes sold. The average can be skewed by one particularly low or high price.
The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Realtor.com. Please leave any feedback or corrections for this story here. This story was written by Ozge Terzioglu. Our News Automation and AI team would like to hear from you. Take this survey and share your thoughts with us.
This article originally appeared on Aberdeen News: Brown County home listings asked for less money in April - see the current median price here
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Hill
7 minutes ago
- The Hill
Selling US-made AI chips to China sacrifices America's global standing
In what Bloomberg termed 'a dramatic reversal,' the Trump administration will grant licenses to Nvidia Corp. so that it can sell its H20 chips to Chinese parties. In April, Trump officials had prohibited the sale of H20s to that country. At the same time, Advanced Micro Devices announced plans to resume sales of its MI308 artificial intelligence chip to China. The sale of advanced microchips to China is a mistake, almost certainly a grave one, but it is a mistake that the industry is determined to make. Not satisfied with exporting just the H20, Nvidia Chief Executive Jensen Huang said at a press conference in Beijing this month that he wanted to sell even more advanced chips. 'The reason for that is because technology is always moving on,' he explained. 'It's not like wood.' 'Today, [the NVIDIA Hopper GPU architecture] is terrific, but some years from now we will have more and more and better and better technology, and I think it's sensible that whatever we're allowed to sell in China will continue to get better and better over time as well,' Huang said. Nvidia said it will develop for export to China a new chip based on its Blackwell design. The chip will allow users to integrate AI into manufacturing. Commerce Secretary Howard Lutnick justified the reversal of the export ban by pointing out that the H20 was only Nvidia's 'fourth best' chip. 'We don't sell them our best stuff — not our second-best stuff, not even our third-best,' he told CNBC on the 15th. 'You want to sell the Chinese enough that their developers get addicted to the American technology stack.' 'The idea is the Chinese are more than capable of building their own,' the Commerce secretary said. 'You want to keep one step ahead of what they can build, so they keep buying our chips.' The problem with this thinking is that it is based on the false premise that China does not at its core need American chips, so there's no harm in selling them to prolong Chinese dependence. 'Despite Beijing pouring significant subsidies into its domestic semiconductor industry, China cannot produce chips capable of training leading AI models, leaving Chinese firms reliant on American suppliers,' wrote Jack Burnham and Miles Kershner of the Foundation for Defense of Democracies after the H20 announcement. 'This reliance has led to significant computing shortages. Even DeepSeek, a leading Chinese AI developer, has publicly stated that its models' power remains constrained due to American export controls on advanced AI chips.' So will China be able to develop comparable chips to America's best? 'China's Communist Party has always been known for lying, and we need look no further than its tech leviathan Loongson Technology,' Blaine Holt, a retired U.S. Air Force general and now China commentator, told me this month. 'Loongson, we were told, was 'better than Intel' and powered everything electronic in China. The discovery that their flagship chip, the 3C6000, was barely on par with Intel chips from 13 generations ago has consequences for users, especially the People's Liberation Army.' Huang assures Americans that China will not use the H20 for its military. 'We don't have to worry about it,' he told CNN's Fareed Zakaria earlier this month. Despite what Huang says, we must worry. According to Burnham and Kershner, giving China the H20 'will allow it to rapidly integrate AI into its military while it continues to pursue self-sufficiency.' The H20, significantly more powerful than Nvidia's export-compliant H100 line, will be 'essential for AI deployment due to its memory capabilities,' the Foundation for Defense of Democracies scholars point out. 'The Trump administration,' they note, 'is giving China a much-needed boost in the race for artificial intelligence.' And that boost comes at a crucial time for AI development. 'The No. 1 factor that will define whether the U.S. or China wins this race is whose technology is most broadly adopted in the rest of the world,' said Brad Smith, Microsoft's president, in congressional testimony. 'Whoever gets there first will be difficult to supplant.' 'According to Jensen Huang, China is going to defeat the United States in the push for AI supremacy,' Brandon Weichert, senior national security editor of The National Interest, told me. Weichert said since the Trump administration's first attempt at slowing the sale of high-end chips to China 'Beijing's AI development has been slower than that of America's because they lacked direct and easy access to those high-end chips. Authorizing Huang's Nvidia to sell these chips to China will ensure that China does, in fact, outpace the Americans.' So why would Trump allow the sale of the H20 to China? Many suspect the permission was part of a deal: China resumes sales of rare earths to the U.S. and America removes chip restrictions. Lutnick confirmed the outlines of this arrangement. China certainly got the better of the bargain. America can source rare earths elsewhere or even buy them surreptitiously from Chinese parties — these minerals are actually so rare — but China must buy American chips, from Nvidia, AMD, or some other U.S. company. It is true that, up to now, Chinese parties have been able to buy Nvidia chips through black market channels, but now they will be able to get more chips at cheaper prices and at a faster pace because they will be buying from Nvidia directly. Speed, as Smith noted, is critical in the race to develop artificial intelligence. Beijing has been touting its technological supremacy, and nothing would undercut its grand claims more than if its AI development visibly stalled because the Chinese could not get microchips from American companies. Xi Jinping in June said that high tech is a main area of global competition. 'The Commerce Department made the right call in banning the H20,' Rep. John Moolenaar, the Michigan Republican who chairs the House Select Committee on the Chinese Communist Party, posted on X last week. 'Now it must hold the line. We can't let the Chinese communists use American chips to train AI models that will power its military, censor its people and undercut American innovation.'
Yahoo
8 minutes ago
- Yahoo
The American Dream is no longer red, white, and blue—it's gray. There are now more homebuyers over age 70 than under 35
High home prices and elevated mortgage rates have made it increasingly difficult for Gen Z and millennials to buy homes. The median age of first-time U.S. home buyers has significantly jumped during the past decade. Because incomes have not kept pace with housing costs, many younger Americans are locked out of homeownership. It's become increasingly difficult in recent years for young home buyers to break into the housing market. Between comparatively high mortgage rates and skyrocketing home prices, the weight of buying a home feels insurmountable for Gen Z and millennials. And it shows in the data: In 2024, there were more home buyers over the age of 70 in the U.S. than under the age of 35, data from the National Association of Realtors (NAR) shows. According to NAR, the share of 'older' baby boomer (1946-1954) home buyers was 22%, while the share of 'younger' millennials (1990-1998) and Gen Zers (1999-2011) were just 14% and 5%, respectively. And as Jim Reid, head of global macro research at Deutsche Bank pointed out in a note this week, 46% of homes purchased in 2024 were by those aged 60 and over. Younger buyers struggling to break into the housing market Historically, younger buyers have made up a much larger piece of the pie. The median age of a first-time home buyer was 28 years old in 1991. That jumped to 38 years old in 2024, according to NAR. And 'rising home prices and high mortgage rates have pushed' the median age of home buyers to a record-high of 56 years old in 2024, up from 46 in 2021,' wrote Apollo Academy Chief Economist Torsten Sløk, citing NAR data. That's not a great omen for the American dream, which has long been regarded as owning a home. It's typically the largest asset a person will buy in their lifetime and home equity can serve as a nice nest egg for future home purchases or cashing out after a sale. 'Over the long run, property is an asset that ultimately gets redistributed from one generation to the next,' Reid wrote. But many members of the younger generations don't have that opportunity. 'Right now, that handoff is being stalled by high interest rates and elevated home prices,' Reid added. 'At some point, either—or both—will have to adjust, or real wages for younger people will need to rise sharply.' That's another crux of the problem: Wages haven't kept up with home prices. According to a 2024 report from the U.S. Department of the Treasury, rents and house prices have been rising faster than incomes across most regions of the U.S. As of April, Americans need to make about $114,000 to afford a median-priced home, according to but the average salary for a person in the U.S. is only slightly more than half of that. The income needed to buy a home in the U.S. 'remains significantly higher than before the [COVID-19] pandemic, underscoring the ongoing challenge of affordability even as market conditions gradually rebalance,' Chief Economist Danielle Hale said in a statement. While housing market conditions are grim for Gen Z and millennials, they'll eventually break into the housing market, Reid suggested. 'Eventually, the younger generation will own the homes currently held by the older generation,' he wrote. 'We just don't yet know what the price will be.' This story was originally featured on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
8 minutes ago
- Yahoo
Proton's new privacy-first AI assistant encrypts all chats, keeps no logs
Privacy-focused productivity tools maker Proton on Wednesday released its AI assistant, called Lumo, which it says prioritizes protecting user data. The company says the chatbot keeps no logs of your conversations, has end-to-end encryption for storing chats, and offers a ghost mode for conversations that disappear as soon as you close the window. Available via a web client, as well as Android and iOS apps, Lumo doesn't require you to have an account to use the chatbot and ask questions. You can upload files to have the chatbot answer questions about them, and if you have a Proton Drive account, you can connect it with Lumo to access files stored in the cloud. While the chatbot has access to the web, it might not find you the latest results if you use it to search. Proton seems intent on making it clear that its focus is on privacy. The company says Lumo is based on open-source models, and it will only depend on them for research and development going forward without utilizing user data to train its models. It also said Lumo relies on zero-access encryption, an encryption method that other Proton products also use, to let users store their conversation history, which can be decrypted on the device. Throughout its blog post about Lumo, Proton emphasized its European base, saying it gives the company a leg up over AI companies based in the U.S. and China when it comes to privacy. 'Lumo is based upon open-source language models and operates from Proton's European datacenters. This gives you much greater transparency into the way Lumo works than any other major AI assistant. Unlike Apple Intelligence and others, Lumo is not a partnership with OpenAI or other American or Chinese AI companies, and your queries are never sent to any third parties,' Proton said. This is not Proton's first foray into the fast-developing AI tools space: Last year, it rolled out an AI-powered writing assistant for its Mail product that also runs on the user's device. Sign in to access your portfolio
