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Home Trends in Rapid City, SD
On average, homes in Rapid City, SD sell after 37 days on the market compared to the national average of 53 days. The median sale price for homes in Rapid City, SD over the last 12 months is $360,000, up 2% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$360,000
Median Single Family Sale Price
$395,000
Median Townhouse Sale Price
$190,000
Median 2 Bedroom Sale Price
$231,000
Median 1 Bedroom Sale Price
$267,500
Average Price Per Sq Ft
$230
Number of Homes for Sale
311
Last 12 months Home Sales
478
Months of Supply
7.80
Median List Price
$379,020
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
2%
Popular Home Searches in Rapid City, SD
Homebuyers in Rapid City are drawn to homes with land, western-style features, and easy access to the Black Hills.
- Need room to roam? Explore homes with acreage or properties on a corner lot outside the city center.
- Prefer traditional design? Browse ranch-style homes or craftsman style homes in areas like Chapel Valley.
- Want scenic views? Look for homes offering mountain views or outdoor decks to enjoy the landscape.
- Working from home? Consider listings with a home office or additional flex space.
- Like newer construction? Check out new construction developments near Sheridan Lake Road or Elk Vale Road.
Rapid City Types of Homes for Sale
Rapid City Homes by Price
Rapid City Real Estate Listings
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Popular Searches in Rapid City
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