Pierre, SD Real Estate Market 2026

Investor-grade market analytics for Pierre, South Dakota. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through July 2026.

Median Home Price

$299,750

+4.5% year-over-year

Est. Rental Yield

5.6%

gross annual

12-Month Forecast

+4.4%

base case (Zillow ZHVF)

+4.4% year-over-year

Climate Risk

10/100

Very Low

Market Momentum

➡️
Neutral
3.6mo supply · Score 0/7

Net migration: Bottom 33% nationally

Income Migration

➡️ Neutral0.95x

In-migrants avg $58,600 AGI vs out-migrants $61,654

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Opportunity Zone Market

1 ZIP codes in Pierre are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →

Pierre Market Summary

Pierre, SD shows steady growth at 4.5% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability remains favorable with a price-to-income ratio of 3.8x, below the national average of 4.8x. Climate risk remains low (10/100), favorable for long-term investment stability. Rental yield of 5.6% is moderate, offering acceptable cash flow for leveraged investments.

Affordability

Affordability Score89/100
Price-to-Income Ratio3.8x (national avg 4.8x)
Median Household Income$78,965

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+2.2%
Base Case+4.4%
Bull Case+6.6%

Climate & Natural Hazard Risk

Pierre, SD's primary climate exposure is wildfire (18/100). The composite climate risk score of 10/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Pierre dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.