Rapid City, SD Home Values & Market Trends
Real estate market trends reflect that there have been 5 transactions over the past year in Rapid City. The median value for residential home transactions that occurred over the previous year is $333,304.89. The number of current listings in Rapid City is 74, and the percentage of properties for sale in the city is 74.00%. Rapid City, SD currently has 7 properties in foreclosure, 0 bank owned properties, 7 properties headed for auction, and 74 properties for sale.
Rapid City, SD Real Estate Market Overview
Housing Market Summary for Rapid City, SD
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $364.9K | $0 | -100.00% |
| Median Sold Price | $669.5K | $0 | -100.00% |
| Homes For Sale | 60 | 64 | 6.67% |
| Homes Sold | 4 | 0 | -100.00% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Rapid City, SD
Browse Homes in Rapid City, SD
Rapid City home values range from $57,000 to $2,995,000. The median estimated value of a home in Rapid City is $333,304.89. The median list price of a home is 392,000, and the total count of properties in the city is 33,490.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Rapid City, SD with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Rapid City, SD; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Rapid City, SD ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Rapid City, SD. There are 3 zips within Rapid City, SD; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions57701 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Rapid City, SD. Auction homes and other auction properties account for 0.02% of all properties in Rapid City, SD. There are 3 zips within Rapid City, SD; of those zips, the median estimated home value for homes going to auction ranges from $336,250 in 57701 to the lowest value of $229,500 in 57701.
Compare Nearby Cities
More Real Estate Resources for Rapid City, SD
Guide for Rapid City, SD
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