Pierre Metro Area, SD Housing

Housing in Pierre, SD Metro Area is quite valuable compared to the national median. The median value of a home here is $255,700 compared to the US House Median Value of $338,100. Also, while the US 1 year House Appreciation rate was 8.27%, Pierre's appreciation rate was much higher at 13.07%, showing that it is a desirable place to invest in real estate with a high return on investment.

The median home cost in Pierre Metro Area is $255,700. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Pierre Metro Area is up 17.2%.

Average Age of Homes

- The median age of Pierre Metro Area real estate is 41 years old

The Rental Market in Pierre Metro Area

- Renters make up 30.0% of the Pierre Metro Area population
- 2.4% of houses and apartments in Pierre Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Pierre, South Dakota	United States
	9,395.0	139,647,020.0
	43	42
	$255,700	$338,100
	17.2%	16.6%
	51.6%	57.0%
	81.4%	101.1%
	$12.67	$10.98
	$2,334	$2,690
	68.0%	57.4%
	7.0%	11.2%
	25.0%	31.4%
Vacant Housing
	2.4%	1.9%
	0.0%	0.4%
	0.5%	0.7%
	0.0%	0.4%
	1.6%	3.6%
	2.5%	4.1%
Value of Owner-Occupied Housing
	7.6%	2.6%
	2.7%	2.4%
	4.0%	2.8%
	1.6%	3.9%
	3.3%	4.5%
	13.4%	11.3%
	27.9%	13.0%
	19.4%	20.1%
	10.6%	13.6%
	6.1%	8.3%
	2.2%	9.7%
	0.9%	3.9%
	0.2%	2.2%
	0.2%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	11.9%	13.6%
	11.9%	13.6%
	11.8%	13.6%
	12.5%	13.2%
	20.9%	14.8%
	11.8%	13.6%
	11.0%	10.0%
	2.0%	4.7%
	10.3%	12.2%

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