Rapid Valley, SD Housing Market
The Rapid Valley housing market is somewhat competitive. The median sale price of a home in Rapid Valley was $309K last month, up 14.4% since last year. The median sale price per square foot in Rapid Valley is $191, up 6.1% since last year.
Rapid Valley Housing Market Trends
In April 2024, Rapid Valley home prices were up 14.4% compared to last year, selling for a median price of $309K. On average, homes in Rapid Valley sell after 55 days on the market compared to 58 days last year. There were 14 homes sold in April this year, up from 6 last year.
since last year
since last year
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How hot is the Rapid Valley housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 51 days.
- Hot homescan sell for around list price and go pending in around 39 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 2% below list price and go pending in around 64 days.
- Hot homescan sell for around list price and go pending in around 43 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 60 days.
- Hot homescan sell for around list price and go pending in around 41 days.
Rapid Valley Migration & Relocation Trends
Home offer insights for Rapid Valley
Recent offers
View houses in Rapid Valley that sold recently
Recently sold homes
- $350,000 Last Sold Price4 beds2 baths1,842 sq ft5201 Savannah St, Rapid City, SD 57703List Price$349,900Sale to List0% over listDays on Market30 days5201 Savannah St, Rapid City, SD 57703
- $375,000 Last Sold Price4 beds2 baths2,204 sq ft5019 Cottage Ct, Rapid City, SD 57703List Price$369,900Sale to List1% over listDays on Market50 days5019 Cottage Ct, Rapid City, SD 57703
- $385,000 Last Sold Price4 beds2 baths1,844 sq ft5245 Savannah St, Rapid City, SD 57703List Price$369,000Sale to List4% over listDays on Market47 days5245 Savannah St, Rapid City, SD 57703
- $185,000 Last Sold Price2 beds1 bath1,096 sq ft531 Ennen Dr, Rapid City, SD 57703List Price$179,900Sale to List3% over listDays on Market50 days531 Ennen Dr, Rapid City, SD 57703
- $310,000 Last Sold Price4 beds2 baths1,824 sq ft2472 Jack Pine Rd, Rapid City, SD 57703List Price$320,000Sale to List3% under listDays on Market107 days2472 Jack Pine Rd, Rapid City, SD 57703
- $215,000 Last Sold Price3 beds2 baths1,686 sq ft4804 J Ct, Rapid City, SD 57703List Price$209,900Sale to List2% over listDays on Market22 days4804 J Ct, Rapid City, SD 57703
- $340,000 Last Sold Price4 beds2 baths1,736 sq ft4439 Avenue A, Rapid City, SD 57703List Price$349,000Sale to List3% under listDays on Market54 days4439 Avenue A, Rapid City, SD 57703
- $289,900 Last Sold Price4 beds2 baths1,468 sq ft741 Ennen Dr, Rapid City, SD 57703List Price$289,900Sale to List0% over listDays on Market63 days741 Ennen Dr, Rapid City, SD 57703
See all recently sold homes in Rapid Valley.
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Schools in Rapid Valley
- Elementary
- Middle
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GreatSchools Rating
4/10 Valley View Elementary - 13 Public • K-5 | 555 Students | 3 reviews |
4/10 Rapid Valley Elementary - 12 Public • PreK-5 | 517 Students | 5 reviews |
Climate's impact on Rapid Valley housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Rapid Valley.
Flood Factor - Moderate
Flood Factor
Fire Factor - Severe
Fire Factor
Wind Factor - Minimal
Wind Factor
Heat Factor - Minor
Heat Factor
Transportation in Rapid Valley
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