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City / Town Overview

Rapid City, SD

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
431
⇧ 34.7% vs 320 last year
Pending
115
27% pending ratio
Median Price
$440,811
⇧ 7.6% vs $409,767 last year
Average Price
$594,112
⇧ 12.6% vs $527,456 last year
Days on Market
76.5
⇧ 3.2% vs 74 days last year

Market Analysis

Data as of January 2026. Source: Realtor.com.

The Rapid City, SD real estate market currently shows 431 active listings, with 115 pending sales. Homes are averaging 76.5 days on the market before going under contract.

Inventory has increased compared to last year, with 111 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 76.5 days on market compared to 74.1 days last year.

The median listing price has risen 7.6% year-over-year, from $409,767 to $440,811.

Whether you are buying or selling in Rapid City, SD, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Included Areas

Rapid City: 57701, 57702, 57703, 57709

Market Context

ZIP coverage: 4  ·  Population: 96,982  ·  Median household income: $67,032

Typical home value: $250,309  ·  Homeownership rate: 68.6%

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings