Housing Market in Pierre
Pierre's 2026 housing market runs genuinely, meaningfully below both the national AND South Dakota statewide comparison figures -- though this record discloses a real, small, unresolved cross-source price spread it did not reconcile to one number.
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Learn moreA Genuinely Affordable Market by Both National and Statewide Comparison
Redfin cited Pierre's median sale price at approximately $257,346 (all home types, May 2026, up ~3.0% YoY) -- this record's primary citation, meaningfully below both the ~$408,776 national comparison figure AND South Dakota's own statewide median (~$343,779, May 2026). A separate citation put Pierre's figure at approximately $250,000 (up ~3.6% YoY) -- a real, small, disclosed spread this record did not reconcile this pass.
A Real, Moderately Paced Market
Pierre was described as a 'somewhat competitive' market, with homes typically selling after approximately 60 days on market -- a real, moderate pace, neither frenzied nor sluggish, per sources reviewed this pass.
South Dakota's Own Statewide Market Is Rising Faster Than Pierre's
South Dakota's statewide median sale price rose approximately 4.2% year-over-year (to ~$343,779) as of May 2026, a somewhat faster appreciation rate than Pierre's own primary cited ~3.0% YoY figure -- a real, disclosed nuance suggesting Pierre's relative affordability advantage versus the statewide market may be holding steady or even growing modestly.
This Record Did Not Reconcile Its Own Small Cross-Source Price Spread
This record discloses a real, small, unresolved tension directly: Pierre's cited median sale price ranged from approximately $250,000 to approximately $257,346 across two sources reviewed this pass -- this record treats the $257,346 figure as primary given its more direct, dated Redfin housing-market-page sourcing, but discloses the alternate citation rather than omitting it.
Confirm a Target Property's Current, Actual Listing Price Directly
Given the real, small disclosed price spread, buyers should confirm a specific target property's current, actual listing and recent comparable-sale data directly rather than relying on any single citywide figure cited here -- and should note that the separate, smaller Fort Pierre market directly across the Missouri River was not independently researched to comparable depth this pass.
Key takeaways
- Redfin's primary cited median sale price (~$257,346) runs meaningfully below both the ~$408,776 national and ~$343,779 South Dakota statewide comparison figures.
- A separate citation put Pierre's median sale price at approximately $250,000 -- a real, small, disclosed cross-source spread this record did not reconcile this pass.
- Homes typically sell after approximately 60 days on market in a 'somewhat competitive' market, per sources reviewed this pass.
- South Dakota's statewide market appreciated somewhat faster (~4.2% YoY) than Pierre's own primary cited figure (~3.0% YoY) as of May 2026.
- Confirm a target property's current, actual listing price and recent comparable sales directly given this record's own disclosed price-figure spread.
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