Fort Pierre, SD—57532
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fort Pierre, SD
As of Oct '25, the median home price in Fort Pierre, SD is $297,000, with a year-over-year change of -5.4%. This indicates that home prices in Fort Pierre, SD are decreasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $297,000 | -5.4% |
| Single Family | $298,000 | -5.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fort Pierre, SD
As of July '25, Rentcast reports the average rent in Fort Pierre, SD is $830, with a year-over-year rent change of 12.9%. Per bedroom, the median rent as of July '25 in Fort Pierre, SD is 2-bedrooms: $830. The most common rental property sizes in Fort Pierre, SD are 2-bedroom and 1-bedroom, accounting for 74.9% and 20.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $830 | $830 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $830 | $830 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Fort Pierre, SD
As of Oct '25, Realtor.com reports that the median days on market for a home in Fort Pierre, SD is 69. This is a increase of 109.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $434,000 | 41.0% |
Listing Count | 12 | 8.0% |
| Listings as % of Homes | 0.4% | 8.0% |
Days on Market | 69 | 109.0% |
Demographics — Fort Pierre, SD
As of the latest ACS Survey released in 2023, Fort Pierre, SD has a population of 2,910, which has decreased by -1.2% over the past 5 years. Fort Pierre, SD is a moderately popular place for families, as children make up 22.3% of the population. The area has a moderately educated workforce, with 25.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,910 | -1.2% |
% Under 18 | 22.3% | -14.9% |
% Seniors | 20.5% | 19.2% |
% WFH | 4.4% | -4.3% |
% w/ College Degree | 25.7% | -19.9% |
As of the latest ACS Survey released in 2023, Fort Pierre, SD is a predominantly white area, with 89.8% of the population identifying as white. The white population has grown by 7.4% in the last 5 years. The second most common race or ethnicity in Fort Pierre, SD is hispanic, making up 2.2% of the population. Foreign-born residents account for 1.0% of the population in Fort Pierre, SD, and this percentage has increased by 150.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 89.8% | 7.4% |
% Black | 0.1% | ∞% |
% Hispanic | 2.2% | -8.3% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.0% | 150.0% |
Mortgage and Risk — Fort Pierre, SD
According to HUD data as of 2023, there were 39 mortgage originations in Fort Pierre, SD, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Fort Pierre, SD. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 39 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Fort Pierre, SD
Fort Pierre, SD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 17 |
Total Units Section 8 | 17 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 96.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $760 |
| 2 Bedroom | $160 | $830 | $990 |
| 3 Bedroom | N/A | N/A | $1,290 |
| 4 Bedroom | N/A | N/A | $1,550 |
Affordability — Fort Pierre, SD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $297,000 |
| Median Household Income | $81,500 |