Pierre, SD

Buyer's market+6.0% YoY

Housing market overview · Updated weekly

$265,000median sale price

Homes sold

7

Last 12 weeks

Days on market

63

Average pace

Active listings

34

4.9 months supply

Sale-to-list

94.5%

Below asking

The Pierre housing market is currently classified as a buyer's market with a median sale price of $265,000. Prices have risen 6.0% compared to last year, with homes spending an average of 63 days on market, indicating 4.9 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Pierre

There are currently 34 homes listed for sale in Pierre, South Dakota. The median listing price is $262K.

Active listings

34

Homes on market

Median list price

$262K

Avg. days on market

63

Days until sale

New this week

12

Newly listed

Price drops:20.6%of listings
Sale-to-list:94.5%

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Frequently asked questions

What is the average home price in Pierre?

The median home sale price in Pierre is $265,000, up 6.0% from last year.

How long do homes stay on market in Pierre?

Homes typically spend 63 days on market before going under contract.

Is Pierre a buyer's or seller's market?

With 4.9 months of supply, Pierre is currently a buyer's market.

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