As the state's capital city, Pierre benefits from a constant flow of residents, businesses, and government-related opportunities. This makes it a great location for real estate investors who desire long-term growth. The city has an affordable housing market which appeals to both families and those who are looking for investment properties.
Investors will find many desirable neighborhoods in Pierre. The South Pierre area, for example, is particularly attractive because it offers a mix of single-family homes with spacious lots. The Lakeshore Drive area provides homes with beautiful views of the Missouri River, while the West Pierre area offers both newer and older homes.
Top employers in Pierre drive the robust economy. This includes the State Government, as well as Avera St. Mary's Hospital and Xcel Energy, which offer stability in the healthcare and energy sectors. The city is also home to numerous attractions that contribute to its livability and appeal. Real estate investors will find a plethora of opportunities in this charming South Dakota city.