Why Live in Downtown Rapid City
Downtown Rapid City features a mix of historic and suburban home styles, including Colonial, Tudor, American Foursquare, Cape Cod, mid-century, and Craftsman homes. The West Boulevard Historic District showcases homes dating back to the late 1800s, with strict preservation standards. Main Street Square is a central green space with seasonal attractions like a splash pad in summer and an ice skating rink in winter. Founders Park offers over 20 miles of trails and scenic views of M Hill. Dining options include Tally’s Silver Spoon, known for its unique "Indecision Menu," and Firehouse Brewing Company, South Dakota’s oldest brewery. The downtown shopping district features locally owned shops and familiar franchises. Annual events like Summer Nights and the Black Hills Farmers Market draw residents and visitors alike. The Monument hosts various events, including hockey games and concerts. Rapid City Rapid Ride provides weekday public transportation, and major highways connect the area to Sioux Falls and Boulder. Monument Health Rapid City Hospital is 2 miles away, and the Rapid City Regional Airport is 11 miles southeast. Schools in the area have mixed ratings, with Central High School offering a range of extracurricular activities.
Home Trends in Downtown Rapid City, SD
On average, homes in Downtown Rapid City, Rapid City sell after 30 days on the market compared to the national average of 52 days. The median sale price for homes in Downtown Rapid City, Rapid City over the last 12 months is $270,500, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$270,500
Median Single Family Sale Price
$279,900
Median 2 Bedroom Sale Price
$307,400
Average Price Per Sq Ft
$217
Number of Homes for Sale
71
Last 12 months Home Sales
58
Median List Price
$289,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
2%