Comprehensive market data and analysis• Updated Dec 2025
9.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 5 | 6 | 9 | 10 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | 1 | 2 |
| 5-10 acres | - | - | - | 2 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 5 | 6 | 10 | 15 |
Acreage buckets
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.
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.
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.
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.
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.
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.
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.
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.
