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Foreclosures in Pierre, SD

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Living in Pierre, SD

Pierre, SD, the capital city, offers an attractive blend of small-town charm and access to essential amenities. With beautiful landscapes, a welcoming community, and rich cultural heritage, it is an appealing location for families and individuals alike. The city is surrounded by ample recreational activities and reliable education, contributing to a high quality of life.

Current Market Conditions in Pierre, SD

The real estate market in Pierre is experiencing a gradual increase in activity, with many people looking to invest in residential properties due to affordable pricing and a stable economy. This trend signifies a growing appeal among homebuyers and investors alike who seek both primary residences and rental opportunities.

Currently, the housing inventory is relatively low, leading to competitive pricing and quicker sales. Investors may find this an opportune moment to enter the market, as the demand remains strong amidst limited availability.

Home Value Estimator For Pierre, SD

There are currently 5,403 real estate properties in Pierre, SD, with a median automated valuation model (AVM) price of $270,553.00. 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 $321,343.00, with the most expensive house in Pierre, SD, topping out at $25,676,371.00 and the cheapest home in Pierre, SD, clocking in at $27,624.00. 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 Foreclosures


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