Pierre, SD home prices
Typical home $294,607 · +2.7% in a year · income needed $85,800
The Pierre, SD metro area ranks 332 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +2.7% in a year and +20.8% over five years. With 20% down at 7.11%, the typical home costs about $2,003 a month including 1.1% property tax (Hughes County rate).
Mortgage on the typical Pierre home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $58,921 | $235,686 | $1,585 | $0 | $417 | $2,003 | $85,800 |
| 10% down | $29,461 | $265,147 | $1,784 | $110 | $417 | $2,311 | $99,100 |
| 5% down | $14,730 | $279,877 | $1,883 | $117 | $417 | $2,416 | $103,600 |
| 3.5% down (FHA) | $10,311 | $289,271 | $1,946 | $130 | $417 | $2,493 | $106,900 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.1% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Pierre area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Hughes County, SD | $293,735 | +3.0% | 1.1% |
| Stanley County, SD | $302,274 | +0.8% | 1.32% |
What can you afford in South Dakota on your salary? · South Dakota home prices · Salaries in South Dakota
Frequently asked questions
How much is a house in Pierre?
The typical home in the Pierre, SD metro area is worth $294,607 (Zillow, September 2026).
What salary do you need to buy a house in Pierre?
About $85,800 a year for the typical home with 20% down at 7.11%.