Call or Text (240) SELL-123
City / Town Overview

Rapid City, SD

Aggregate real estate market report across all ZIPs in scope
Balanced Market
June 2026  ·  Source: Realtor.com

Market Analysis

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

The Rapid City, SD real estate market currently shows 555 active listings, with 182 pending sales. Homes are averaging 45.5 days on the market before going under contract.

Inventory has tightened compared to last year, with 34 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 45.5 days on market compared to 39.4 days last year.

The median listing price has fallen 0% year-over-year, from $467,861 to $467,769.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for Rapid City, SD and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 96,982  ·  Density: 180.6/mi²  ·  Median household income: $67,032

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

Included Areas

Rapid City: 57701, 57702, 57703, 57709

Area Map

Market Overview

Active Listings
555
⇩ 5.8% vs 589 last year
Pending
182
33% pending ratio
Median Price
$467,769
vs $467,861 last year
Average Price
$599,652
⇧ 10.8% vs $541,209 last year
Days on Market
45.5
⇧ 15.5% vs 39 days last year

Price Per Square Foot

Median $/sqft
$246
⇧ 5.5% vs $234/sqft last year
Median Home Size
1,917 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %