Call or Text (240) SELL-123

PIERRE, SD 57501

Real Estate Market Report  ·  Hughes County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
45
⇩ 11.8% vs 51 last year
Pending
9
20% pending ratio
Median Price
$299,950
⇩ 16.4% vs $358,675 last year
Average Price
$349,262
⇩ 61.4% vs $903,834 last year
Days on Market
92
⇧ 26% vs 73 days last year

Market Context

Population: 17,380  ·  Density: 11.9/mi²  ·  Median household income: $84,055

Typical home value: $211,021  ·  Homeownership: 73.6%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The PIERRE, SD real estate market (57501) currently shows 45 active listings, with 9 pending sales. Homes are averaging 92 days on the market before going under contract.

Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 92 days on market compared to 73 days last year.

The median listing price has fallen 16.4% year-over-year, from $358,675 to $299,950.

Whether you are buying or selling in PIERRE, SD, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for PIERRE, SD 57501 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 45 this year vs 51 last year
  • Days on market: 92 now vs 73 last year

Median & Average Pricing

Year over Year
  • Median: $299,950 (-16.4% YoY)
  • Average: $349,262 (-61.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 93.8 miles — 89 listings ($27,099,112 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
57501Pierre, SD 575010.0 mi45$15,716,790$299,950$349,262
57564Onida, SD 5756419.9 mi1$194,000$194,000$194,000
57345Highmore, SD 5734542.8 mi1$93,500$93,500$93,500
57568Presho, SD 5756846.4 mi1$235,000$235,000$235,000
57450Hoven, SD 5745052.6 mi3$573,399$209,900$191,133
57601Mobridge, SD 5760158.2 mi15$3,033,645$148,500$202,243
57365Oacoma, SD 5736567.3 mi2$536,000$268,000$268,000
57325Chamberlain, SD 5732569.5 mi12$4,418,076$330,000$368,173
57370Pukwana, SD 5737076.3 mi2$434,000$217,000$217,000
57533Gregory, SD 5753393.8 mi7$1,864,702$290,000$266,386

Frequently Asked Questions

How many homes are for sale in PIERRE, SD 57501?

As of January 2026, there are 45 active listings in PIERRE, SD (zip code 57501), compared to 51 the prior year.

What is the median home price in PIERRE, SD 57501?

The median listing price in PIERRE, SD 57501 is $299,950 as of January 2026, a 16.4% decrease from $358,675 the prior year.

How long do homes stay on the market in PIERRE, SD?

Homes in PIERRE, SD 57501 spend an average of 92 days on the market before going under contract, compared to 73 days the prior year.

Is it a seller's or buyer's market in PIERRE, SD 57501?

Based on current inventory and days-on-market data as of January 2026, PIERRE, SD 57501 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 92 days on market compared to 73 days last year.

How much can I save on real estate commission in PIERRE, SD?

With SELL123.com's maximum 3% commission, sellers in PIERRE, SD 57501 save an estimated $5,999 compared to a typical 5% commission on the median listing price of $299,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.