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Fort Pierre, South Dakota Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
18
Sold (12M)
16
Median Price
$111K
Market Condition
Buyer's Market

Fort Pierre, South Dakota Market Meter

Buyer'sSeller's
Buyer's Market

9.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$111K
Avg Price/Acre
$271K
Avg Days on Market
598
Months of Supply
9.0
YoY Price Change
-
New Listings (3M)
7

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres56910
1-2 acres----
2-5 acres--12
5-10 acres---2
10-20 acres----
20-50 acres---1
50-100 acres----
100+ acres----
TOTAL561015
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres10 sold / 3 listed
1-2 acres0 sold / 4 listed
2-5 acres2 sold / 3 listed
5-10 acres2 sold / 3 listed
10-20 acres0 sold / 2 listed
20-50 acres1 sold / 0 listed

Median Price by Acreage

$0$90K$180K
0- 1
2- 5
5- 10
20- 50

Acreage buckets

Key Market Indicators

Total Sales Volume
$1.5M
Last 12 months
Active Listings
18
Current inventory
Avg Days on Market
598
Time to sell
Price Trend (YoY)
-
Year over year

Fort Pierre, South Dakota Land Market Analysis

How much is land worth in Fort Pierre, South Dakota?

The median price for land in Fort Pierre, South Dakota is currently $271K per acre. For a typical parcel, the median sale price is $111K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $37K while premium lots reached $125K.

Is now a good time to buy land in Fort Pierre, South Dakota?

Fort Pierre, South Dakota is currently a buyer's market with 9.0 months of supply. Buyers have more negotiating power and can take time to find the right property.

What is the months of supply for land in Fort Pierre, South Dakota?

Fort Pierre, South Dakota currently has 9.0 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.

Is now a good time to invest in land in Fort Pierre, South Dakota?

The current absorption rate in Fort Pierre, South Dakota is 11.1% (3-month basis), indicating moderate demand. The top-performing broker in this market is Dupont Real Estate.

What is the total amount sold in Fort Pierre, South Dakota last year?

Over the past 12 months, Fort Pierre, South Dakota saw 16 properties sold, totaling $1.5M in sales volume. In just the last 3 months, 6 properties changed hands.

What is the average price per acre in Fort Pierre, South Dakota?

Land in Fort Pierre, South Dakota averages $423.9M per acre. The median price per acre is $271K, which may be more representative of typical transactions. Most parcels sold are around 14,375 sq ft.

How long does it take to sell land in Fort Pierre, South Dakota?

Land in Fort Pierre, South Dakota typically sells within 598 days of listing. The median time on market is 317 days. Properties are moving slowly in the current buyer's market.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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