Home Market View

Home prices, listings & rents by city and ZIP code.

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Median sale price
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Rapid City, SD: housing market trends

The median home sale price in Rapid City, SD was $369,824 for the three-month period ending September 2026. Sale prices were 2.9% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$369,824
three-month period ending September 2026
Median sale price per sq ft
$215.67
three-month period ending September 2026
Active listings
762
three-month period ending September 2026
Typical monthly rent
$1,484
Rent index · August 2026

How is housing inventory changing?

There were 762 active listings for the three-month period ending September 2026. Active listings were 2.1% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 61 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for Rapid City, SD
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$369,824$215.67291
Single-familySeptember 2026$374,851$217.73252
TownhousesSeptember 2026$348,454$215.2031
Condos / co-opsSeptember 2026$214,978$198.513 · small sample
Multifamily (2–4 units)September 2026$242,500$135.506 · small sample

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for Rapid City, SD
MarketMedian sale priceReporting period / source
Box Elder, SD$379,8193 months ending September 2026 · Redfin
Blackhawk, SD$411,8043 months ending September 2026 · Redfin
Summerset, SD$424,0483 months ending September 2026 · Redfin
Piedmont, SD$329,8433 months ending September 2026 · Redfin
Hermosa, SD$346,3353 months ending September 2026 · Redfin
Keystone, SD$307,8533 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for Rapid City, SD
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$369,824$215.67762
August 2026$372,000$214.12759
July 2026$362,500$212.26776
June 2026$355,000$210.36749
May 2026$345,000$209.89733
April 2026$334,000$204.56695
March 2026$334,000$204.57641
February 2026$335,000$204.44581
January 2026$340,000$197.76605
December 2025$340,000$197.31631
November 2025$340,000$199.16683
October 2025$355,000$205.25732
September 2025$359,450$202.78746
August 2025$358,000$205.95758
July 2025$355,000$204.63755
June 2025$350,000$206.78722
May 2025$355,000$205.10658
April 2025$340,000$203.24584
March 2025$341,900$203.24525
February 2025$340,000$200.41515
January 2025$340,000$201.63526
December 2024$345,000$201.63545
November 2024$349,750$207.44602
October 2024$357,500$211.32643

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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