Metropolitan market · South Dakota · June 2026 data

Pierre Real Estate Market

The Pierre, SD housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Pierre report in a click.

Median listing price
$320,000
▼ 8.6% YoY
Median $ / sq ft
$265
1,477 sq ft median
Median days on market
78
June 2026
Active listings
67
For sale now
New listings
22
June 2026
Listings with price cuts
23%
Share of active
Median sale price (closed)
$320,000
▲ 23.1% YoY · closed sales
Sale-to-list ratio
97.7%
Closed sales
Homes sold / month
20
Closed sales
Median listing price trend
$350K$339K$328K$317K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Pierre SD · trailing 8 quarters · source: public records and industry data.

The 10-year view
$384K$336K$288K$239K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Pierre SD · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
67
New this month
22
Pending
19
Price-reduced
15

As of June 2026, the median home listed in Pierre, SD asks $320,000 — down 8.6% from a year ago. Homes are taking a median of 78 days to go under contract, and 23% of the 67 active listings have taken a price cut, which points to a buyer-leaning market. Figures cover the Pierre, SD metro area. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
46/100
#538 of 932 covered metros
12-month outlook
-0.9%
Flat · model output, not advice
Momentum
10
Value
77
Rental yield
35
Supply risk
16
Market heat
27

Pierre scores 46/100 on our composite Investor Score (#538 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 54% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 8.6% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Pierre ranks on the trending markets index.

What mortgage rates do to the payment
If rates fall 1% · 5.43%
$1,442/mo
−$164/mo vs today
At today's rate · 6.43%
$1,606/mo
National weekly average
If rates rise 1% · 7.43%
$1,778/mo
+$171/mo vs today

Principal & interest on the $320,000 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

Growth, supply pipeline & risk
Building permits (2025)
40
▼ 72.8% vs 2024
1.9 per 1,000 residents
Net migration (2022–2023)
-33
▼ people, via tax-return records
net income flow −$2.75M/yr
Natural-hazard risk
Very Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Pierre market FAQs

What is the median home price in Pierre?
As of June 2026, the median listing price in Pierre, SD is $320,000, down 8.6% year over year (source: public records and industry data). Figures cover the Pierre, SD metro area.
How fast are homes selling in Pierre?
The median property in Pierre spends 78 days on the market, with 67 homes actively listed and 23% of them carrying a price cut — a buyer-leaning market by pace.
Who are the top real estate agents in Pierre?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Pierre and the wider South Dakota market.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Pierre, SD metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.