$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 Rapid Valley
Just five miles east of Downtown Rapid City, Rapid Valley is a slower-paced community. Homes in subdivisions have grassy lawns, and real estate prices are below the local average. Unlike the city’s west side, the community looks more like the typical South Dakotan landscape, which has allowed faster growth over time. “It’s more prairie in the east,” says Michael Frybarger, a broker with Ascend Realty. “It’s easier to build there than the hills in the west.” Almost entirely made up of residential zones and a wide swathe of untouched grassland, Rapid Valley represents a retreat for locals looking for an approachable piece of suburbia. Though the Rapid Valley neighborhood has existed since the 19th century, it continues to grow as interest in Rapid City increases. “There’s a lot of new developments along the southern edge as the city expands,” says Frybarger. The area has several new developments with manufactured homes and construction smaller than 1,000 square feet ranging between the mid-$100,000s and the low $200,000s. More established subdivisions have midcentury ranch-style and 21st-century traditional homes in the mid-$300,000s and low $400,000s. “You can get more affordable
Home Trends in Rapid Valley, SD
On average, homes in Rapid Valley, SD sell after 34 days on the market compared to the national average of 51 days. The median sale price for homes in Rapid Valley, SD over the last 12 months is $310,500, down 3% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$310,500
Median Single Family Sale Price
$305,000
Median 2 Bedroom Sale Price
$277,500
Average Price Per Sq Ft
$214
Number of Homes for Sale
45
Last 12 months Home Sales
129
Months of Supply
4.20
Median List Price
$315,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-3%
Rapid Valley Types of Homes for Sale
Rapid Valley Real Estate Listings
More About Living in Rapid Valley
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