Data as of September 2026. Source: Realtor.com.
The RAPID CITY, SD real estate market (57701) currently shows 226 active listings, with 61 pending sales. Homes are averaging 56 days on the market before going under contract.
Inventory has tightened compared to last year, with 17 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 56 days on market compared to 44 days last year.
The median listing price has fallen 0.9% year-over-year, from $352,300 to $349,000.
Population: 45,046 · Density: 333.1/mi² · Median household income: $52,255
Typical home value: $204,956 · Homeownership: 58.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 57701 | Rapid City, SD 57701 | 0.0 mi | 197 | $83,785,479 | $344,900 | $425,307 |
| 57769 | Piedmont, SD 57769 | 9.6 mi | 26 | $16,774,264 | $618,744 | $645,164 |
| 57703 | Rapid City, SD 57703 | 11.4 mi | 120 | $49,397,160 | $377,788 | $411,643 |
| 57759 | Nemo, SD 57759 | 18.6 mi | 3 | $1,990,500 | $663,500 | $663,500 |
| 57785 | Sturgis, SD 57785 | 20.6 mi | 55 | $38,996,485 | $573,800 | $709,027 |
| 57732 | Deadwood, SD 57732 | 23.1 mi | 20 | $14,353,340 | $493,750 | $717,667 |
| 57744 | Hermosa, SD 57744 | 25.4 mi | 6 | $8,361,000 | $887,500 | $1,393,500 |
| 57793 | Whitewood, SD 57793 | 33.1 mi | 18 | $11,856,762 | $421,000 | $658,709 |
| 57754 | Lead, SD 57754 | 34.5 mi | 113 | $143,302,419 | $1,012,000 | $1,268,163 |
| 57791 | Wasta, SD 57791 | 37.6 mi | 1 | $160,000 | $160,000 | $160,000 |
| 82715 | Four Corners, WY 82715 | 45.3 mi | 3 | $4,074,000 | $1,200,000 | $1,358,000 |
| 57790 | Wall, SD 57790 | 49.6 mi | 5 | $1,299,835 | $245,000 | $259,967 |
| 82712 | Beulah, WY 82712 | 53.2 mi | 5 | $8,535,000 | $2,250,000 | $1,707,000 |
As of September 2026, there are 226 active listings in RAPID CITY, SD (zip code 57701), compared to 243 the prior year.
The median listing price in RAPID CITY, SD 57701 is $349,000 as of September 2026, a 0.9% decrease from $352,300 the prior year.
Homes in RAPID CITY, SD 57701 spend an average of 56 days on the market before going under contract, compared to 44 days the prior year.
Based on current inventory and days-on-market data as of September 2026, RAPID CITY, SD 57701 is currently a Balanced Market. Inventory has tightened compared to last year, with 17 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 56 days on market compared to 44 days last year.
With SELL123.com's maximum 3% commission, sellers in RAPID CITY, SD 57701 save an estimated $6,980 compared to a typical 5% commission on the median listing price of $349,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.