197 Rainbow Ridge Ct is a 1,787 square foot property on a 0.4 acre lot with 3 bedrooms and 2 bathrooms. - it last sold on October 09, 2020 for $69,900. Based on Redfin's Hill City data, we estimate the home's value is $699,229.
2021Year Built
0.4 acresLot Size
$391Est. Price/Sq.Ft.
3 car garageParking
Source:Public Records
Redfin Estimate
$699,229
$629K since sold in October 2020
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 44.8% higher than the average sale price ($483K) of 5 comparable homes.
Claim this home to receive a free report every month with insights on the changing estimate.
Earn from this home
Refinance
$0
Est. cash available
Get cash now or lower your monthly rate
Market trends in 57745, SD
Last updated October 2026
Buyer's Market
Seller's Market
Buyer's market
Sale-to-list price
97.8%
0.7% MoM
Median sale price
$650K
$40K MoM
Avg. days on market
55d
0 days MoM
Recently sold homes
6
0 MoM
Provided by Redfin
Sale history for 197 Rainbow Ridge Ct
Date
Event
Price
BHMLS #90430
Sep 23, 2026
Listed
$925,000
$518/sq ft
BHMLS #181017
Sep 15, 2026
Listed
$925,000
$518/sq ft
Public Records
Oct 9, 2020
Sold
$69,900
$39/sq ft
Public Records
Jun 24, 2017
Sold
$55,000
$31/sq ft
Public Records
Nov 1, 2005
Sold
$59,500
$33/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$8,886 (−12.8%)
$77,100 + $633,700
$710,800
2024
$10,186 (−6.1%)
$77,100 + $633,700
$710,800
2023
$10,843 (+5.4%)
$73,900 + $564,400
$638,300
2022
$10,283 (+817.0%)
$73,900 + $473,400
$547,300
2021
$1,121 (+6.8%)
$73,900 + $473,400
$547,300
2020
$1,050 (−5.5%)
$51,400
2018
$1,110 (−5.3%)
$54,500
2017
$1,173 (−6.6%)
$54,500
2013
$1,256
$58,000
Tax history for 197 Rainbow Ridge Ct
Year
Property tax
Land + Additions
Assessment*
2025
$8,886 (−12.8%)
$77,100 + $633,700
$710,800
2024
$10,186 (−6.1%)
$77,100 + $633,700
$710,800
2023
$10,843 (+5.4%)
$73,900 + $564,400
$638,300
2022
$10,283 (+817.0%)
$73,900 + $473,400
$547,300
2021
$1,121 (+6.8%)
$73,900 + $473,400
$547,300
2020
$1,050 (−5.5%)
$51,400
2018
$1,110 (−5.3%)
$54,500
2017
$1,173 (−6.6%)
$54,500
2013
$1,256
$58,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R2
Residential Zone Division 2
Division 2. The following uses are permitted inan R, Division 2 zone: Any use permitted in R,Division 1 zones.The following uses require conditional useapproval in R, Division 2 zone:Two-Family dwelling, multiple-unit dwellings,condos/townhomes, public utilities, child/daycare,mobile homes, mobile home parks, campingfacilities, office buildings and all other uses notspecifically permitted.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Public service
Educational/school
Fire house
Library
Police station
Park & open space
Property details
Interior
Bathroom Information
# of Full Baths: 2
Exterior
Exterior Information
Building Style Type: Ranch
Building Construction Quality: Good
Building Type: Single Family
Property Information
Living Sq. Ft: 1,787
Building Sq. Ft: 1,787
Legal Description: PROSPECT MOUNTAIN DEVELOPMENT, LOT 1R
Lot Information
# of Buildings: 1
Land Sq. Ft: 17,454
Legal Lot Number: 1R
Acres: 0.4007
County Use Description: DWL & AUTO GAR ON CTY/TWN LTS
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,787
Stories: —
Lot Size: 0.4 acres
Style: Other
Year Built: 2021
Year Renovated: —
County: Pennington County
APN: 58244
Home facts updated by county records on Oct 19, 2026
Around this home
Schools
K - 12
Preschool & daycare
Hill City Elementary - 02
Public PreK-5 • Assigned • 0.4mi
7/10
Hill City Middle School - 04
Public 6-8 • Assigned • 0.4mi
5/10
Hill City High School - 01
Public 9-12 • Assigned • 0.5mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
5% chance of being in a wildfire in next 30 years
1/10 Heat Factor
8 days above 87° expected this year, 19 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Hill City, SD • 57745
Average low and high temperatures (°F)
35
17
40
19
52
30
53
32
63
43
73
51
83
61
78
56
75
50
60
38
49
29
45
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$665,000 – $805,000
Sell confidently with a local market expert in Hill City. 3 minutes to get started.