Rapid City, SD—57702
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$436,000
3.7% YoY Growth
Household Income
$85,700
20.3% YoY Growth
Days on Market
97
1.0% Longer YoY
Home Price Forecast
2.7%
Median Rent
$1,500
1.2% YoY Growth
1-Bed Rent
$1,280
5.3% YoY Growth
2-Bed Rent
$1,380
7.0% YoY Growth
3-Bed Rent
$1,800
3.3% YoY Growth
Home Price Trends — Rapid City, SD
As of Dec '25, the median home price in Rapid City, SD is $436,000, with a year-over-year change of 3.7%. This indicates that home prices in Rapid City, SD are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $436,000 | 3.7% |
| Single Family | $439,000 | 3.8% |
| Condos | $332,000 | 1.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |