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Rapid City, SD Homes for Sale under $200,000

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  • /20

    $148,000

    • 2 Beds
    • 2 Baths
    • 1,152 Sq Ft

    234 E Philadelphia St, Rapid City, SD 57701

    Listed by Jeremy Kahler, KWBH, 605-381-7500. Calling investors or DIY dreamers- here's your chance to customize an upper level condo into a move in ready property! *This home has an open living space, accented by wood floors and good natural light *Designed for one level living, there are 2 bedrooms, 2 bathrooms, private laundry and 1,152sqft *Demo is complete in the kitchen and this space is a

    JEREMY KAHLER Keller Williams Realty Black Hills SP

    234 E Philadelphia St, Rapid City, SD 57701
  • /12

    $139,000

    • Land
    • 1.43 Acres
    • $97,203 per Acre

    335 Enchanted Pines Dr, Rapid City, SD 57701

    POSSIBLE OWNER FINANCING AVAILABLE WITH LOW DOWN!! Imagine the possibilities! This expansive 1.43-acre parcel offers a serene and spacious setting for a custom-built residence, all within the thriving community of southeast Rapid City. The location is everything—enjoy the peace of a large lot while maintaining unmatched convenience to nearby dining, retail, and services. All utilities are

    Justin Carlyle The Real Estate Group Rapid City

    335 Enchanted Pines Dr, Rapid City, SD 57701
  • /19

    $159,900

    • 1 Bed
    • 1 Bath
    • 684 Sq Ft

    822 Willsie Ave, Rapid City, SD 57701

    Listed by Shauna Sheets, KWBH, 605-545-5430. Enjoy the ease of single level living in this cozy bungalow on a nearly 1/4 acre lot! *Details like vaulted ceilings, wood paneled walls and ceilings, two covered decks and more make this charming home a great find *Cross the covered front stoop and step into the comfortable living room where the vaulted ceilings are accented by the wood paneled walls

    Shauna Sheets Keller Williams Realty Black Hills SP

    822 Willsie Ave, Rapid City, SD 57701
  • /11

    $165,000

    • Land
    • 1.54 Acres
    • $107,143 per Acre

    TBD Crane Dr, Rapid City, SD 57703

    Residential Lot on 1.54 acres is a one of a kind located off Longview on Crane Dr. in Rapid Valley! Interior Lot with Driveway accessibility. Utilities available in the area include Electric, Gas and now Rapid Valley water district. City Sewer will be available in the near future.

    Melanie Rhian THE REAL ESTATE GROUP, INC.

    TBD Crane Dr, Rapid City, SD 57703
  • /16

    $168,900

    • 2 Beds
    • 2 Baths
    • 1,056 Sq Ft

    1717.63 E Philadelphia Unit Home 63, Rapid City, SD 57703

    PRICE INCLUDES UPGRADED CARPORT!!!!Come see us today at Shepherds Meadow Active Adult Community! Maintenance Free...Pet Friendly (allow pet fence) Living at its Finest! NEW MODEL! This beautiful 2bed 2bath home is a "TURNKEY HOME" BUY TODAY...MOVE IN TOMORROW! Great open floorplan, bright and sunny main living. GREAT kitchen with large island, complete stainless-steel appliance suite with range,

    Theresa Bennington EXP REALTY

    1717.63 E Philadelphia Unit Home 63, Rapid City, SD 57703
  • /16

    $117,500

    • 3 Beds
    • 2 Baths
    • 1,150 Sq Ft

    2780 143rd Ave Unit 17, Rapid City, SD 57701

    Downsizing? Looking for an affordable turn-key home? Here it is. Take advantage of this limited-time offer on a brand-new, move-in-ready home originally priced at $121,900! New home warranties will keep you protected from unexpected repairs, and new construction provides monthly savings on utilities. Don't wait too long, we only have a limited number of homes available, only two at this price.

    Garret Pollman Factory Homes Clearance Center

    2780 143rd Ave Unit 17, Rapid City, SD 57701
  • /17

    $117,500

    • 3 Beds
    • 2 Baths
    • 1,150 Sq Ft

    2780 143rd Ave Unit 15, Rapid City, SD 57701

    Downsize without compromise in this newly built 3 bedroom, 2 bathroom home designed for easy, affordable living. Features include new appliances, central air, a new driveway, and a new storage shed. This Champion home has no neighbors behind and has mature shade trees. Enjoy modern comfort with lower utility costs, minimal upkeep, and no major repairs to worry about. Perfect for those looking to

    Garret Pollman Factory Homes Clearance Center

    2780 143rd Ave Unit 15, Rapid City, SD 57701
  • /18

    $135,000

    • 3 Beds
    • 2 Baths
    • 1,500 Sq Ft

    4424 Circlewood Dr, Rapid City, SD 57703

    Enjoy easy living in this nearly new 2024 manufactured home located in a quiet, well-maintained community. With 1,500 sqft of comfortable, open-concept living space, this 3-bedroom, 2-bath home offers the perfect balance of modern style and low-maintenance convenience. Step inside to a bright and spacious living area with beautiful finishes and plenty of natural light. The kitchen features

    Garret Pollman Factory Homes Clearance Center

    4424 Circlewood Dr, Rapid City, SD 57703
  • /10

    $179,000

    • Land
    • 0.38 Acre
    • $471,053 per Acre

    TBD Lot 14 Villaggio Ln, Rapid City, SD 57702

    Listed by Elissa Erickson, KWBH, 605-877-4060. Nestled in the picturesque 'Villaggio at Golden Eagle' neighborhood, this .38-acre lot is one of the few remaining build sites in this desirable southwest Rapid City location! This premier lot faces west and has mature trees in the back, natural rock formations and great views *Current owners had house plans drawn up (see assoc docs), or bring your

    Elissa Erickson Keller Williams Realty Black Hills SP

    TBD Lot 14 Villaggio Ln, Rapid City, SD 57702
  • /40

    $198,500

    • 2 Beds
    • 2 Baths
    • 1,014 Sq Ft

    4616 Chalkstone Dr, Rapid City, SD 57701

    Listed with Daneen Jacquot Kulmala South Dakota Properties 605-484-7832. Adorable condo with lots of upgrades. New flooring, paint and some new appliances.

    Daneen Jacquot South Dakota Properties

    4616 Chalkstone Dr, Rapid City, SD 57701
  • /40

    $198,500

    • 2 Beds
    • 2 Baths
    • 1,014 Sq Ft

    4616 Chalkstone Dr Unit E, Rapid City, SD 57701

    Listed with Daneen Jacquot Kulmala South Dakota Properties 605-484-7832 & Steve Kulmala South Dakota Properties 605-484-8501. Adorable condo with lots of upgrades. New flooring, paint and some new appliances.

    Daneen Jacquot SOUTH DAKOTA PROPERTIES

    4616 Chalkstone Dr Unit E, Rapid City, SD 57701
  • /17

    $100,000

    • Land
    • 0.38 Acre
    • $263,158 per Acre

    1511 Custer St, Rapid City, SD 57701

    Two separate lots being sold together for a total of .38 acres. Zoned medium density residential. Smaller lot is .16 and could be developed with a single residential home. Larger lot is .22 and could be developed with a single residential home or a duplex. Sold together the city states options for development of multi-family building. Utility services are to the lot lines. Property taxes are the

    JEANIA MIDDLETON EXIT REALTY BLACK HILLS

    1511 Custer St, Rapid City, SD 57701
  • /14

    $169,900

    • 2 Beds
    • 1 Bath
    • 744 Sq Ft

    219 St Patrick St, Rapid City, SD 57701

    Great home for a first-time home buyer of as an investment property. 2 bed 1 bath with an oversized one car detached garage, new roof in Dec of 2024, new fence for the back yard and a lot of storage area in the partial basement, this home has easy access to all of rapid city needs a little TLC but priced accordingly.

    John Roberts The Real Estate Group Rapid City

    219 St Patrick St, Rapid City, SD 57701
  • /14

    $169,900

    • 2 Beds
    • 1 Bath
    • 744 Sq Ft

    219 St Patrick, Rapid City, IL 57701

    Great home for a first-time home buyer of as an investment property. 2 bed 1 bath with an oversized one car detached garage, new roof in Dec of 2024, new fence for the back yard and a lot of storage area in the partial basement, this home has easy access to all of rapid city needs a little TLC but priced accordingly.

    John Roberts THE REAL ESTATE GROUP, INC.

    219 St Patrick, Rapid City, IL 57701
  • /14

    $199,900

    • 3 Beds
    • 1 Bath
    • 1,114 Sq Ft

    4336 Bronco Ln, Rapid City, SD 57701

    The home sits on a good size lot with updated new siding, windows, roof & gutters installled in 2020. Nice location in an established neighborhood. Listing agent is related to Seller.

    Joe Vallette THE REAL ESTATE GROUP, INC.

    4336 Bronco Ln, Rapid City, SD 57701
  • /18

    $111,111

    • 3 Beds
    • 1 Bath
    • 790 Sq Ft

    1612 Van Buren St, Rapid City, SD 57701

    Charming 1930s Bungalow with a Big Backyard Welcome to this cozy slice of history—a 1930s bungalow that blends timeless charm with thoughtful updates. With just under 800 square feet, this home offers two/possibly three inviting bedrooms and one freshly updated bath, perfect for comfortable and efficient living. Step inside to find a freshly updated kitchen and modern touches throughout,

    Faith Wendt COLDWELL BANKER BLACK HILLS LEGACY

    1612 Van Buren St, Rapid City, SD 57701
  • /7

    $115,000

    • Land

    1375 N Lacrosse St Unit Suite 3, Rapid City, SD 57701

    CALLING ALL INVESTORS AND FUTURE INVESTORS! Own 100% of this well-established and profitable business! 510 Vape Shop offers a strong track record with a 3-year average net income of $135,000—giving the future owner the potential for an impressive 95% ROI. The sale includes all inventory, established business practices, and trained employees, allowing you to operate as hands-on or hands-off as you

    Amy Hook RE/MAX ADVANTAGE

    1375 N Lacrosse St Unit Suite 3, Rapid City, SD 57701
  • /18

    $195,000

    • 2 Beds
    • 1 Bath
    • 672 Sq Ft

    228 E St Anne St, Rapid City, SD 57701

    Listed by Elissa Erickson, KWBH, 605-877-4060. Welcome to 228 E St Anne in Rapid City! This single-level home features 2 bedrooms and 1 bathroom. Great for first time home-buyers or those looking to downsize. At the front of the home there are large windows providing natural light to the living space. The two bedrooms are located at the back of the home with windows overlooking the back yard.

    Elissa Erickson Keller Williams Realty Black Hills SP

    228 E St Anne St, Rapid City, SD 57701
  • /20

    $127,000

    • Land
    • 0.3 Acre
    • $423,333 per Acre

    3429 W Rapid St, Rapid City, SD 57702

    Rare opportunity to secure a general commercial building lot on Rapid City’s thriving west side. Positioned in a high-traffic corridor with excellent visibility, this property offers strong investment potential in a highly sought-after location.

    Bobbi BENTZ Engel & Völkers

    3429 W Rapid St, Rapid City, SD 57702
  • /21

    $169,000

    • 2 Beds
    • 1 Bath
    • 756 Sq Ft

    1011 Lemmon Ave, Rapid City, SD 57701

    Check out this affordable home, centrally located in Rapid City. This property includes 2 city lots, so the backyard is nice and spacious as well. Just across the road you will find College Park to enjoy. Part of the house recently received new paint and the rest of it is waiting for someone to come in and put their own personal touch to it. Investors- this would be a great option to rent out as

    Misty Blackwell Battle Creek Agency

    1011 Lemmon Ave, Rapid City, SD 57701
  • /8

    $112,000

    • Land
    • 0.55 Acre
    • $203,636 per Acre

    3119 Rombauer Dr Unit Lot 11 Block 15, Rapid City, SD 57703

    For more information, please contact listing agent Zac Zandstra 605-484-3266 with Great Peaks Realty. Over a 1/2-acre Cul de sac lot in the premier Elks Crossing subdivision. There are only a few lots remaining on this street, so now's the time to make this property your own & build your next dream home. Great views, great neighborhood, & great accessibility to several nearby amenities. Call,

    Zac Zandstra Great Peaks Realty

    3119 Rombauer Dr Unit Lot 11 Block 15, Rapid City, SD 57703
  • /13

    $149,000

    • Land
    • 0.95 Acre
    • $156,842 per Acre

    315 Lindbergh Ave, Rapid City, SD 57701

    Excellent Development Opportunity – MDR-Zoned Lots! Here’s your chance to own two versatile parcels (Parcel IDs: 25129 & 25130) totaling 0.95 acres, zoned Medium Density Residential (MDR). A flood study has already been completed, and the lots are fully equipped with city water, sewer, electric, and gas at the lot line. Whether you're looking to build single-family homes or multi-family/apartment

    TJ Wojtanowicz Black Hills SD Realty

    315 Lindbergh Ave, Rapid City, SD 57701
  • /27

    $120,000

    • 3 Beds
    • 2 Baths
    • 1,150 Sq Ft

    2780.43 143rd Ave, Rapid City, SD 57701

    Step into comfort and convenience with this brand-new 3 bed, 2 bath manufactured home in Rapid City. Appreciate the modern design, clean lines, and quality finishes that give this home its fresh, welcoming feel. The spacious master suite offers a peaceful escape with a large closet and a private bath—perfect for unwinding after a long day. The open-concept layout maximizes every inch of space,

    Gage Zieske Blair Allen Luxury Real Estate LLC

    2780.43 143rd Ave, Rapid City, SD 57701
  • /2

    $150,000

    • Land
    • 0.29 Acre
    • $517,241 per Acre

    3732 Tuscany Place Unit & 3722 Tuscany Pl, Rapid City, SD 57702

    Listed by Ryan M. Hall | Premier Properties LLC | 605-209-5215. Perfect lot to build townhomes or a single family home. Located in a quiet cul-de-sac with views of the city and hills. Covenants located in the associated documents. Additional options are available please see second picture. Property is broker owned.

    RYAN MICHAEL HALL PREMIER PROPERTIES, LLC

    3732 Tuscany Place Unit & 3722 Tuscany Pl, Rapid City, SD 57702
  • /2

    $150,000

    • Land
    • 0.33 Acre
    • $454,545 per Acre

    2427 Holiday Ln Unit & 2505 Holiday Ln, Rapid City, SD 57702

    Listed by Ryan M. Hall | Premier Properties LLC | 605-209-5215. Perfect lot to build townhomes or a single family home. Located in a quiet cul-de-sac with views of the city and hills. Covenants are located in the associated documents. Additional options are available (Second Picture). Property is broker owned.

    RYAN MICHAEL HALL PREMIER PROPERTIES, LLC

    2427 Holiday Ln Unit & 2505 Holiday Ln, Rapid City, SD 57702
  • /2

    $150,000

    • Land
    • 0.67 Acre
    • $223,881 per Acre

    2516 Holiday Ln, Rapid City, SD 57702

    Listed by Ryan M. Hall | Premier Properties LLC | 605-209-5215. Build your single family home on this perfect lot located in a quiet cul-de-sac with views of the city and hills. Excellent building site. Townhome lots available in same cul-de-sac. See Second picture for additional options. Property is broker owned.

    RYAN MICHAEL HALL PREMIER PROPERTIES, LLC

    2516 Holiday Ln, Rapid City, SD 57702
  • /13

    $149,000

    • Land
    • 0.95 Acre
    • $156,842 per Acre

    315 Lindbergh Ave Unit 2 lots, Rapid City, SD 57701

    Excellent Development Opportunity – MDR-Zoned Lots! Here’s your chance to own two versatile parcels (Parcel IDs: 25129 & 25130) totaling 0.95 acres, zoned Medium Density Residential (MDR). A flood study has already been completed, and the lots are fully equipped with city water, sewer, electric, and gas at the lot line. Whether you're looking to build single-family homes or multi-family/apartment

    TJ Wojtanowicz BLACK HILLS REALTY

    315 Lindbergh Ave Unit 2 lots, Rapid City, SD 57701
  • /11

    $180,000

    • Land
    • 1.01 Acres
    • $178,218 per Acre

    5438 Wind River Rd, Rapid City, SD 57702

    Welcome to an unparalleled opportunity in Rapid City, SD! Nestled in the prestigious Highpointe Ranch North subdivision, this high-end executive lot offers a spectacular setting for your new custom dream home. Imagine waking up to breathtaking views in a beautiful natural setting. This prime location not only promises stunning vistas but also ensures convenience with all essential utilities—MDU,

    Kevin Andreson Keller Williams Realty Black Hills SP

    5438 Wind River Rd, Rapid City, SD 57702
  • /11

    $195,000

    • Land
    • 0.65 Acre
    • $300,000 per Acre

    5414 Wind River Rd, Rapid City, SD 57702

    Welcome to an unparalleled opportunity in Rapid City, SD! Nestled in the prestigious Highpointe Ranch North subdivision, this high-end executive lot offers a spectacular setting for your new custom dream home. Imagine waking up to breathtaking views in a beautiful natural setting. This prime location not only promises stunning vistas but also ensures convenience with all essential utilities—MDU,

    Kevin Andreson Keller Williams Realty Black Hills SP

    5414 Wind River Rd, Rapid City, SD 57702
  • /20

    $175,000

    • 3 Beds
    • 2 Baths
    • 1,300 Sq Ft

    4309 Circlewood Dr, Rapid City, SD 57703

    Listed by Michelle Carr & Lori Barnett, Engel & Völkers Black Hills, 720.284.4564/605.786.5817 Discover a fresh, low-maintenance lifestyle in this newly constructed 3 bedroom, 2 bathroom home in the Prairie Acres East community. The open layout is filled with natural light and finished with modern touches that create a clean, welcoming atmosphere. The kitchen features stainless appliances, a

    Michelle Carr Engel & Völkers Black Hills Rapid City

    4309 Circlewood Dr, Rapid City, SD 57703
  • /20

    $165,000

    • 3 Beds
    • 2 Baths
    • 1,250 Sq Ft

    4422 Circlewood Dr, Rapid City, SD 57703

    Listed by Michelle Carr & Rich Hegre, Engel & Völkers Black Hills, 720.284.4564 | 605.381.7424 Discover a fresh, low-maintenance lifestyle in this newly constructed 3 bedroom, 2 bathroom home in the Prairie Acres East community. The open layout is filled with natural light and finished with modern touches that create a clean, welcoming atmosphere. The kitchen features stainless appliances, a

    Michelle Carr Engel & Völkers Black Hills Rapid City

    4422 Circlewood Dr, Rapid City, SD 57703
  • /11

    $180,000

    • Land
    • 0.6 Acre
    • $300,000 per Acre

    5520 Wind River Rd, Rapid City, SD 57702

    Welcome to an unparalleled opportunity in Rapid City, SD! Nestled in the prestigious Highpointe Ranch North subdivision, this high-end executive lot offers a spectacular setting for your new custom dream home. Imagine waking up to breathtaking views in a beautiful natural setting. This prime location not only promises stunning vistas but also ensures convenience with all essential utilities—MDU,

    Kevin Andreson Keller Williams Realty Black Hills SP

    5520 Wind River Rd, Rapid City, SD 57702
  • /26

    $185,000

    • 3 Beds
    • 2 Baths
    • 1,512 Sq Ft

    4449 Circlewood Dr, Rapid City, SD 57703

    Listed by Michelle Carr & Lori Barnett, Engel & Völkers Black Hills, 720.284.4564/605.786.5817 Discover a fresh, low-maintenance lifestyle in this newly constructed 3 bedroom, 2 bathroom home in the Prairie Acres East community. The open layout is filled with natural light and finished with modern touches that create a clean, welcoming atmosphere. The kitchen features stainless appliances, a

    Michelle Carr Engel & Völkers Black Hills Rapid City

    4449 Circlewood Dr, Rapid City, SD 57703
  • /11

    $175,000

    • Land
    • 0.71 Acre
    • $246,479 per Acre

    5450 Wind River Rd, Rapid City, SD 57702

    Welcome to an unparalleled opportunity in Rapid City, SD! Nestled in the prestigious Highpointe Ranch North subdivision, this high-end executive lot offers a spectacular setting for your new custom dream home. Imagine waking up to breathtaking views in a beautiful natural setting. This prime location not only promises stunning vistas but also ensures convenience with all essential utilities—MDU,

    Kevin Andreson Keller Williams Realty Black Hills SP

    5450 Wind River Rd, Rapid City, SD 57702
  • /18

    $169,000

    • 2 Beds
    • 1 Bath
    • 969 Sq Ft

    768 Earleen St Unit F, Rapid City, SD 57701

    Very well maintained 2nd level condominium with detached 1 car garage! Larger than most the other units at 969 square feet, this 2 bedroom 1 bath home has been given new flooring recently. Radiant heat and air conditioning unit will keep you comfortable. Nice size deck, 22x11 detached garage nearby. Turn key for a primary owner or investment buyer! Monthly HOA is 225 and includes water, garbage,

    Tony Klock RE/MAX ADVANTAGE

    768 Earleen St Unit F, Rapid City, SD 57701
  • /26

    $199,000

    • Studio

    231 Quincy St, Rapid City, SD 57701

    Welcome to 231 Quincy St in Rapid City! This up/down duplex home is ready for new owners! On the main level, there is a kitchen, laundry, full bath, 2 bedrooms, dining area, living room, 4 seasons room, and wood floors. The lower level features a living room, 2 bedrooms(NTC), a full bath, and a small kitchen. Outside you have a large corner lot, alley access parking, and a fenced yard. Live in

    TJ Wojtanowicz Black Hills SD Realty

    231 Quincy St, Rapid City, SD 57701
  • /16

    $195,000

    • Land
    • 0.38 Acre
    • $513,158 per Acre

    5812 Wind River Rd, Rapid City, SD 57702

    Welcome to an unparalleled opportunity in Rapid City, SD! Nestled in the prestigious Highpointe Ranch North subdivision, this high-end executive lot offers a spectacular setting for your new custom dream home. Imagine waking up to breathtaking panoramic views that stretches as far as the eye can see. This prime location not only promises stunning vistas but also ensures convenience with all

    Kevin Andreson KELLER WILLIAMS REALTY BLACK HILLS - SPEARFISH

    5812 Wind River Rd, Rapid City, SD 57702
  • /16

    $195,000

    • Land
    • 0.49 Acre
    • $397,959 per Acre

    5734 Wind River Rd, Rapid City, SD 57702

    Welcome to an unparalleled opportunity in Rapid City, SD! Nestled in the prestigious Highpointe Ranch North subdivision, this high-end executive lot offers a spectacular setting for your new custom dream home. Imagine waking up to breathtaking panoramic views that stretches as far as the eye can see. This prime location not only promises stunning vistas but also ensures convenience with all

    Kevin Andreson KELLER WILLIAMS REALTY BLACK HILLS - SPEARFISH

    5734 Wind River Rd, Rapid City, SD 57702
  • /15

    $195,000

    • Land
    • 0.26 Acre
    • $750,000 per Acre

    5836 Wind River Rd, Rapid City, SD 57702

    Welcome to an unparalleled opportunity in Rapid City, SD! Nestled in the prestigious Highpointe Ranch North subdivision, this high- lot offers a spectacular setting for your new custom dream home. Imagine waking up to breathtaking panoramic views that stretch as far as the eye can see. This prime location not only promises stunning vistas but also ensures convenience with all essential

    Kevin Andreson KELLER WILLIAMS REALTY BLACK HILLS - SPEARFISH

    5836 Wind River Rd, Rapid City, SD 57702
  • /14

    $185,000

    • Land
    • 0.3 Acre
    • $616,667 per Acre

    5824 Wind River Rd, Rapid City, SD 57702

    Welcome to an unparalleled opportunity in Rapid City, SD! Nestled in the prestigious Highpointe Ranch North subdivision, this high-end executive lot offers a spectacular setting for your new custom dream home. Imagine waking up to breathtaking panoramic views that stretches as far as the eye can see. This prime location not only promises stunning vistas but also ensures convenience with all

    Kevin Andreson KELLER WILLIAMS REALTY BLACK HILLS - SPEARFISH

    5824 Wind River Rd, Rapid City, SD 57702

Showing Results 1 - 40, Page 1 of 2

Home Trends in Rapid City, SD

Housing Trends

Median Sale Price
$357,000
Median Single Family Sale Price
$399,550
Median Townhouse Sale Price
$265,000
Median 2 Bedroom Sale Price
$244,000
Median 1 Bedroom Sale Price
$268,750
Average Price Per Sq Ft
$236
Number of Homes for Sale
339
Last 12 months Home Sales
473
Months of Supply
8.60
Median List Price
$385,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
1%
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