Market Intelligence Report — SD-180

Pierre, SD

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

Ref. No: 2026-SD-05
Updated: May 2026
Median Listing
$325K
-4.4% YOY
Pending Ratio
0.24
-48.0% YOY
Active Inventory
66
+83.3% YOY
Median DOM
53 Days
-24.3% YOY

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Market Signals & Indicators

Supply Dynamics

66 active listings represent the current floor, with new supply arriving at roughly 24 per month.

Pricing Pressure
15.2%

of active listings carry a price reduction, -0.5% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +2.2% year-over-year.

Absorption
0.24

Pending-to-active ratio — supply and demand dynamics are mixed.

Metro Demographics

Metro Area
Pierre, SD
CBSA Code
38180
State
SD
Analysis FAQ
  • What is the current market condition in Pierre?+

    As of May 2026, the Pierre metro is classified as Stabilizing. Pending ratio is 0.24 with median days on market at 53.

  • Are home prices dropping in Pierre?+

    Median listing price is $325K, -4.4% year over year. 15.2% of active listings carry a price reduction.

  • How fast are homes selling in Pierre?+

    The typical listing sits 53 days on market, a -24.3% change YoY. New listings are arriving at 24 per month.

  • Where can I find a trusted Pierre real estate expert?+

    Primpted maintains a vetted registry of Pierre agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

Vintage: May 2026 · CBSA 38180 · 2mo history