Population: 45,046 · Density: 333.1/mi² · Median household income: $52,255
Typical home value: $204,956 · Homeownership: 58.2%
Data as of January 2026. Source: Realtor.com.
The RAPID CITY, SD real estate market (57701) currently shows 175 active listings, with 51 pending sales. Homes are averaging 71 days on the market before going under contract.
Inventory has increased compared to last year, with 39 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 71 days on market compared to 70 days last year.
The median listing price has risen 5.1% year-over-year, from $327,450 to $344,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 57701 | Rapid City, SD 57701 | 0.0 mi | 175 | $73,513,825 | $344,000 | $420,079 |
| 57769 | Piedmont, SD 57769 | 9.6 mi | 25 | $16,728,175 | $649,900 | $669,127 |
| 57703 | Rapid City, SD 57703 | 11.4 mi | 119 | $50,940,687 | $388,400 | $428,073 |
| 57759 | Nemo, SD 57759 | 18.6 mi | 3 | $2,264,250 | $785,000 | $754,750 |
| 57785 | Sturgis, SD 57785 | 20.6 mi | 52 | $36,767,588 | $589,000 | $707,069 |
| 57732 | Deadwood, SD 57732 | 23.1 mi | 27 | $18,633,240 | $487,500 | $690,120 |
| 57744 | Hermosa, SD 57744 | 25.4 mi | 4 | $6,680,000 | $965,000 | $1,670,000 |
| 57793 | Whitewood, SD 57793 | 33.1 mi | 14 | $9,932,034 | $525,000 | $709,431 |
| 57754 | Lead, SD 57754 | 34.5 mi | 112 | $143,588,704 | $999,000 | $1,282,042 |
| 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 | $8,640,000 | $2,250,000 | $1,728,000 |
As of January 2026, there are 175 active listings in RAPID CITY, SD (zip code 57701), compared to 136 the prior year.
The median listing price in RAPID CITY, SD 57701 is $344,000 as of January 2026, a 5.1% increase from $327,450 the prior year.
Homes in RAPID CITY, SD 57701 spend an average of 71 days on the market before going under contract, compared to 70 days the prior year.
Based on current inventory and days-on-market data as of January 2026, RAPID CITY, SD 57701 is currently a Buyer's Market. Inventory has increased compared to last year, with 39 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 71 days on market compared to 70 days last year.
With SELL123.com's maximum 3% commission, sellers in RAPID CITY, SD 57701 save an estimated $6,880 compared to a typical 5% commission on the median listing price of $344,000. 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.