$205,000
1511 E Capitol Ave, Pierre, SD 57501
Morgan Finley Lee Real Estate
$205,000
1511 E Capitol Ave, Pierre, SD 57501
Morgan Finley Lee Real Estate
$405,000
1720 E Park St, Pierre, SD 57501
Morgan Finley Lee Real Estate
$225,000
1515 E Capitol Ave, Pierre, SD 57501
Morgan Finley Lee Real Estate
$365,000
2400 E Capitol Ave, Pierre, SD 57501
Lisa Blake Lisa Blake Real Estate
Pierre, the capital of South Dakota, is a small city with around 14,000 residents, known for its government jobs and proximity to the Missouri River. The area is ideal for outdoor enthusiasts, offering ample opportunities for hunting and fishing. Homes in Pierre are typically bungalows and ranch-style, with many properties featuring large yards and land listings outside the city center. The median home price is significantly lower than the national average, attracting new residents, especially since the COVID-19 pandemic. Pierre boasts nearly 100 acres of parkland and over 50 miles of trails, with Griffin Park providing campsites, pickleball courts, and a riverfront beach. Farm Island State Park is another local attraction, popular for hunting, fishing, and boating. The South Dakota Discovery Center in downtown Pierre offers interactive science exhibits for children. The Pierre School District, including Buchanan Elementary and T.F. Riggs High School, is highly rated. Dining options feature several steakhouses, Mexican restaurants, and typical fast-food chains, with Walmart dominating local shopping. For more extensive shopping, residents often travel to nearby Sioux Falls, Rapid City, or Bismarck. The city experiences all four seasons, with hot summers and cold winters. Crime rates have decreased in recent years, making it safer than the national average. Transportation options include U.S. Highway 83, River Cities Public Transit, and Pierre Regional Airport, which offers routes to Denver. Annual events like Oahe Days and Christmas at the Capitol add to the community's charm.
The median home sale price in Pierre, SD is $265,000, consistent with the median home sale price year-over-year. Homes in Pierre sell in 44 days on average, compared to the national average of 58 days.
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Median Sale Price
$265,000
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Median Single Family Sale Price
$265,000
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Median Townhouse Sale Price
$302,500
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Median 2 Bedroom Sale Price
$193,500
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Average Price Per Sq Ft
$168
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Number of Homes for Sale
49
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Last 12 months Home Sales
129
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Months of Supply
4.60
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Median List Price
$283,000
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Median Change From 1st List Price
0%
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Median Home Sale Price YoY Change
0%
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In Pierre, there are currently 4 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $205,000 to $405,000, there's a range to accomodate every budget. As of June, 2026 the median home price in Pierre is $283,000, while the average sale price is $276,941, offering insights into the local housing market. On average, multi-family homes spend 44 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Pierre, SD.