If you need assistance, please call 605-786-4816

  • Rapid City Market Report

    $414,056

    AVERAGE PRICE OF 270 HOMES

    $1,642,129

    AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES

    $369,581

    AVERAGE PRICE OF 88 NEWLY BUILT HOMES

    $249,700

    AVERAGE PRICE OF 1 REDUCED PRICE HOMES

    Average Home

    Average Price $414,056
    Avg Bedrooms 3.31 beds
    Avg Bathrooms 2.01 baths

    Average Price by Bedrooms

    1 bedroom $999,966
    2 bedrooms $304,596
    3 bedrooms $313,693
    4 bedrooms $560,069
    5 bedrooms $545,832
    Rapid City Home Price Trends
      10/2021 9/2021 8/2021 7/2021 6/2021
    Total Listings 311 331 318 319 301
    Average Price $386,325 $377,870 $366,969 $376,590 $408,482
    Avg Price Change +2.24% +2.97% -2.62% -8.47% +11.13%
    Median Price $316,446 $312,585 $303,164 $301,578 $311,911
    Med Price Change +1.24% +3.11% +0.53% -3.43% +0.54%
    Avg Bedrooms 3.31 beds 3.28 beds 3.29 beds 3.31 beds 3.34 beds
    Avg Bathrooms 2.03 baths 2 baths 2.01 baths 2.08 baths 2.14 baths
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 270 $414,056 60 days
    Multi-Million Dollar Homes 14 $1,642,129 89 days
    Newly Built Homes 88 $369,581 92 days
    Reduced Price Homes 1 $249,700 8 days