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Foreclosures in Pierre, SD 57501

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Pierre, SD Foreclosures

Current Market Conditions in in Pierre, SD As of March 2026?
In the past month, Pierre's real estate market has become more active with a noticeable increase in new listings. Home prices have seen a modest rise due to the influx of buyers attracted to the city’s affordable cost of living and growing job opportunities. The pace at which homes are being sold has improved, indicating a shift towards a more balanced seller and buyer market. Additionally, there has been an uptick in multi-family property investments, showing potential growth in rental markets within the area.
How much do homes sell for in Pierre, SD?
The average home price is currently $320,416.
In Pierre, SD, how many homes are available?
There are currently 1 active home listings available in Pierre.
What’s the average rental cost in Pierre, SD?
The average rental price in Pierre is $1,324.
What is the most expensive home in Pierre?
The most expensive home sold in Pierre had a price of $25,250,467.
What is currently the cheapest priced home in Pierre, SD?
The cheapest home for sale in Pierre is priced at $27,207.

Living in Pierre, SD

Pierre, the capital of South Dakota, is known for its rich history and vibrant community. Nestled along the Missouri River, it offers a variety of recreational activities, historical sites, and a welcoming atmosphere. With its affordable housing market and beautiful landscapes, Pierre is an ideal location for families and outdoor enthusiasts.

Buyer vs Seller Market in Pierre, SD

The real estate market in Pierre remains stable with a slight upward trend. Current interest rates and local economic factors are encouraging first-time homebuyers to enter the market. Housing demand has been consistent, driven by the city's attractive living conditions and amenities.

Over the past several months, there has been an increase in newly listed properties, indicating that sellers are taking advantage of favorable conditions. Home prices have maintained a moderate increase, with a focus on single-family homes as the preferred choice for new residents.

Home Value Estimator For Pierre, SD

There are currently 5,587 real estate properties in Pierre, SD, with a median automated valuation model (AVM) price of $266,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Pierre, SD, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Pierre, SD, is $320,416.00, with the most expensive house in Pierre, SD, topping out at $25,250,467.00 and the cheapest home in Pierre, SD, clocking in at $27,207.00. In other words, there’s something for every potential homebuyer or savvy investor in Pierre, SD!

Rent Prices In Pierre, SD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Pierre, SD, is on a rollercoaster ride. The average rent price in Pierre, SD, is $1,324.00. Indeed, when looking to rent in Pierre, SD, you can expect to pay as little as $580.00 or as much as $2,660.00, with the average rent median estimated to be $1,310.00. The good news is that finding an affordable and desirable property to rent in Pierre, SD -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Pierre, SD 57501 Foreclosures


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