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Rapid City, SD Condos for Sale

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    $305,000

    • 2 Beds
    • 2 Baths
    • 1,083 Sq Ft

    3953 Fairway Hills Dr, Rapid City, SD 57702

    Are you Looking for safe, relaxing & carefree living? Look no further than this must-see MAIN level condo. Located in beautiful SW Rapid City with views of trees & wildlife in a park setting with walking trails...pickleball courts...a community center, work out facility, fountains & a swimming pool. This well kept 2 bedroom 2 bath condo has so many updates...a washer/dryer in the condo, LED

    Jennifer Landguth Hegg Realtors, Deadwood

    3953 Fairway Hills Dr, Rapid City, SD 57702
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    $218,900

    • 2 Beds
    • 2 Baths
    • 1,083 Sq Ft

    3964 Fairway Hills Dr, Rapid City, SD 57702

    For more information, please contact listing agents Heath Gran 605-209-2052 or Scot Munro 605-641-6482 with Great Peaks Realty. Welcome home to this immaculate 2-bedroom, 2-bathroom condo offers endless amenities for maintenance-free ease of living! Onsite features include heated parking garage, community room and space for entertaining, walking paths, pool & hot tub, outdoor playground and the

    Heath Gran Great Peaks Realty

    3964 Fairway Hills Dr, Rapid City, SD 57702

Why Live in Rapid City

Rapid City combines outdoor adventure with cultural attractions at the gateway to Mount Rushmore and the Black Hills. Downtown's unique City of Presidents Walking Tour features life-size bronze presidential statues, while Main Street Square hosts year-round events from summer concerts to winter ice skating. Art Alley showcases local creativity through ever-changing street murals. Families enjoy Storybook Island's seasonal themed park and Bear Country USA's drive-through wildlife experiences. The dining scene includes Dakotah Steakhouse serving regional specialties like elk and buffalo, while Firehouse Brewing Co operates from a historic 1915 firehouse. Kathmandu Bistro brings international flavors to an 1886 downtown building.

The housing market presents diverse options across distinct neighborhoods. Colonial Pine Hills commands the highest median single family home prices at $503,000, while North Rapid City offers more affordable options with a median of $250,000. The citywide median sale price stands at $360,500, with median townhome prices at $385,000. One-bedroom condos start at a median of $211,300, increasing to $290,300 for two bedrooms.

Living costs run 5.2% below the national average. A family with school-age children needs approximately $100,000 annually to live comfortably, while renters should aim for $55,000. Property taxes in Pennington County sit at 1.13%, higher than nearby Spearfish at 0.86%. South Dakota charges no state income tax and maintains a 4.2% state sales tax.

The public school system includes Stevens High School and Southwest Middle School, both rated B Plus by Niche. The private Rapid City Catholic School System, rated A Minus, serves multiple neighborhoods. South Dakota School of Mines and Technology provides higher education opportunities. The Rapid Transit System operates fixed bus routes Monday through Saturday, though most residents rely on personal vehicles.

Home Trends in Rapid City, SD

Housing Trends

Median Sale Price
$352,500
Median Single Family Sale Price
$399,550
Median Townhouse Sale Price
$289,900
Median 2 Bedroom Sale Price
$287,000
Median 1 Bedroom Sale Price
$269,500
Average Price Per Sq Ft
$228
Number of Homes for Sale
413
Last 12 months Home Sales
450
Months of Supply
11.00
Median List Price
$389,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
2%
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