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County Overview

Pennington County, SD

Aggregate real estate market report across county ZIPs
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The Pennington County, SD real estate market currently shows 584 active listings, with 206 pending sales. Homes are averaging 45 days on the market before going under contract.

Inventory has increased compared to last year, with 146 more homes available — giving buyers more choice.

Homes are selling faster, averaging 45 days on market compared to 51 days last year.

The median listing price has fallen 0.2% year-over-year, from $399,900 to $399,000.

Whether you are buying or selling in Pennington County, 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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Market Context

Market Context

Population: 101,523  ·  Density: 172.6/mi²  ·  Median household income: $67,643

Typical home value: $251,429  ·  Homeownership: 69.3%

Included Areas

Rapid City: 57701, 57702, 57703

Caputa: 57725

Hill City: 57745

Keystone: 57751

Quinn: 57775

Scenic: 57780

Wall: 57790

Area Map

Market Overview

Active Listings
584
⇧ 33.3% vs 438 last year
Pending
206
35% pending ratio
Median Price
$399,000
⇩ 0.2% vs $399,900 last year
Average Price
$622,279
⇧ 17.5% vs $529,799 last year
Days on Market
45
⇩ 11.8% vs 51 days last year

Price Per Square Foot

Median $/sqft
$262
⇧ 5.6% vs $248/sqft last year
Median Home Size
1,800 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.9%
Listings with no price change
Price Reduced
0.1%
⇩ 18.1% vs 0.1% last year
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

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 %