Is Fort Pierre, SD 57532 a buyer’s or seller’s market?
Fort Pierre is a seller’s market. With about 3.5 months of supply and 30% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Fort Pierre housing market right now
In the three months ending August 31, 2026, 30% of homes in Fort Pierre, SD 57532 sold above their list price, the typical home went under contract in 25 days and there were 3.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 10 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 33%, homes sold faster (43 days then) and the median sale price fell 3% to $299,320. Overall, Fort Pierre is about as competitive as it was a year ago.
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Questions about Fort Pierre real estate
Is Fort Pierre a buyer’s or seller’s market?
A seller’s market: there were 3.5 months of supply in Fort Pierre, SD 57532 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Fort Pierre?
The typical home went under contract in 25 days in the latest three months.
Do homes in Fort Pierre sell over asking?
30% of homes sold above their original list price, and the typical sale closed at 96.2% of the list price.
What are property taxes in Fort Pierre?
About 1.32% of a home’s value a year in Stanley County, or roughly $5,280 on a $400,000 home.
What is the median home price in Fort Pierre?
The median sale price was $299,320 in the three months ending August 31, 2026, about $155 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology