$199,900
- 2 Beds
- 2 Baths
- 940 Sq Ft
1632 Evergreen Dr, Rapid City, SD 57702
JEREMY KAHLER Keller Williams Realty Black Hills SP
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Why Live in Colonial Pine Hills
Colonial Pine Hills is set in the Black Hills on the outskirts of Rapid City. Enveloped with trees and green spaces that are harder to come by in other parts of the city, this community is known for its privacy and natural beauty. The difficulty of building homes on the densely wooded and rocky terrain creates exclusivity. As a result, upscale homes and a higher cost of living are typical to the area – part of what many refer to as the “acorn tax.” “Houses in the southwest generally have more of a premium,” says Mayor Jason Salamun, a lifelong Rapid City resident. Colonial Pine Hills has a CAP Index Crime Score of 2 out of 10, compared to the national average of 4. This lower crime rate is part of what attracts many retirees and established families to the area. Homes in Colonial Pine Hills are usually on lots that are half an acre or more, spacing them out more than neighborhoods further east. A median construction year of 1995 means that homes are also typically newer than others in the city. The average square footage is over 3,000, which is roughly 1,000 higher than the national average. Split-level and ranch-style homes are typical of the area, generally selling between the
Home Trends in Colonial Pine Hills, SD
On average, homes in Colonial Pine Hills, Rapid City sell after 22 days on the market compared to the national average of 51 days. The median sale price for homes in Colonial Pine Hills, Rapid City over the last 12 months is $538,000, down 7% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$538,000
Median Single Family Sale Price
$503,000
Average Price Per Sq Ft
$226
Number of Homes for Sale
7
Last 12 months Home Sales
34
Months of Supply
2.50
Median List Price
$600,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-7%
Colonial Pine Hills Types of Homes for Sale
More About Living in Colonial Pine Hills
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