Rapid City, SD—57703
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$350,000
1.5% YoY Growth
Household Income
$84,500
47.4% YoY Growth
Days on Market
85
37.0% Longer YoY
Home Price Forecast
2.5%
Median Rent
$1,750
1.7% YoY Growth
1-Bed Rent
$1,130
5.6% YoY Growth
2-Bed Rent
$1,070
3.2% YoY Growth
3-Bed Rent
$2,300
29.1% YoY Growth
Home Price Trends — Rapid City, SD
As of Dec '25, the median home price in Rapid City, SD is $350,000, with a year-over-year change of 1.5%. This indicates that home prices in Rapid City, SD are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $350,000 | 1.5% |
| Single Family | $351,000 | 1.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |