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Pierre, SD Home Values and Rents

The typical home value in Pierre is $298,211, 29th highest of 73 cities and towns in South Dakota. Median rent is $1,275 a month.

Typical home value
$298,211
29th of 73 in SD
Median rent
$1,275/mo
Zillow observed rent
Price change, 1 year
+3.1%
Sep 2026
Homeownership
68.6%
SD: 68.6%

Typical home value in Pierre

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodPierre
Sep 2026$298,211
Dec 2025$294,821
Dec 2024$276,497
Dec 2023$265,009
Dec 2022$267,538
Dec 2021$243,299
Dec 2020$214,685
Dec 2019$200,790
Dec 2018$194,213
Dec 2017$188,784
Dec 2016$182,361
Dec 2015$176,024
Dec 2014$171,567
Dec 2013$167,764
Dec 2012$157,561

Over five years, Pierre prices changed +25.0%.

Source: Zillow Research · Last updated 09/01/2026

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Fair Market Rents, FY2027

HUD rent standard for Hughes County, SD

SD rents
Unit sizeMonthly rentvs FY2026
Studio$900+26.2%
1 bedroom$986+18.5%
2 bedrooms$1,194+15.5%
3 bedrooms$1,461+11.7%
4 bedrooms$1,837+14.7%

Frequently asked questions

What is the typical home value in Pierre, SD?
The typical home value in Pierre is $298,211 (Zillow Home Value Index, Sep 2026). The South Dakota median is $257,400.
How much is rent in Pierre?
The median rent in Pierre is $1,275 a month (Zillow Observed Rent Index). HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,194.
Are home prices going up in Pierre?
The typical home value in Pierre changed +3.1% over one year and +25.0% over five years, as of Sep 2026.
How does Pierre compare with the rest of South Dakota?
Pierre has the 29th highest median home value of 73 cities and towns with 1,000+ residents in South Dakota.