Market Intelligence Report — SD-180

Pierre, SD

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-SD-08
As of the latest 2026 data
Cooling

Median Listing

$330K
-7.0% YoY

Pending Ratio

0.38
-7.5% YoY

Active Inventory

65
+75.7% YoY

Median DOM

87 Days
+70.6% YoY

Primary Intelligence Tool — Sold Score™

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The Pierre, SD housing market exhibits cooling conditions, characterized by a pending ratio of 0.38 and a substantial 75.7% year-over-year increase in active listings. This indicates a notable deceleration in demand absorption relative to available supply.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Pierre market right now.

Inventory levels have expanded significantly, with active listings up 75.7% over the past year, while new listings remained stable year-over-year. The median listing price has declined by 7.0% year-over-year, and days on market have extended by 70.6% to 87 days. The pending ratio has also decreased by 7.5% year-over-year, reflecting weakening demand relative to the expanded supply.

Historical Analysis

Market Trends

Median Price

$330K-1.4% MoM

Active Inventory

65+75.7% YoY

Days on Market

87+70.6% YoY

Sold Score™

39-7.5% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

39
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The extended median days on market (87 days) and the elevated active listings suggest a market where inventory pressure is increasing. While price reductions are at 17.1%, up 5.5% year-over-year, the pace of transactions has slowed, indicating a need for greater price discipline from sellers.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

65 active listings represent the current floor, with new supply arriving at roughly 16 per month.

Pricing Pressure
17.1%

of active listings carry a price reduction, +5.5% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +3.5% year-over-year.

Absorption
0.38

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Pierre, SD? Homes here are taking 36 days longer to sell than last year.

Buyers have leverage in Pierre, SD. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
38%
Median Days on Market
87 days
Inventory YoY
+76%

In a buyer's market, strategy beats timing. See how your home scores in Pierre, SD and what moves the number.

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Metro Demographics

Metro Area
Pierre, SD
CBSA Code
38180
State
SD

ZIPs in Pierre, SD

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