The Rapid Valley housing market is somewhat competitive. The median sale price of a home in Rapid Valley was $314K last month, down 10.3% since last year. The median sale price per square foot in Rapid Valley is $237, up 17.0% since last year.
What is the housing market like in Rapid Valley today?
In May 2025, Rapid Valley home prices were down 10.3% compared to last year, selling for a median price of $314K. On average, homes in Rapid Valley sell after 91 days on the market compared to 50 days last year. There were 12 homes sold in May this year, up from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$313,950
-10.3% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Rapid Valley, SD
$313,950
-10.3%
United States
To compare other locations to the Rapid Valley and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Rapid Valley add value to a home.
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How hot is the Rapid Valley housing market?
Rapid Valley is somewhat competitive. Homes sell in 61.5 days.
0
100
44
Somewhat Competitive
Redfin Compete Score™
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 1% below list price and go pending in around 62 days.
Hot homes
can sell for around list price and go pending in around 41 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
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 - Minor
4% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Rapid Valley has a minor risk of flooding. 40 properties in Rapid Valley are likely to be
severely affected
by flooding over the next 30 years. This represents 4% of all properties in Rapid Valley. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
Rapid Valley has a severe risk of wildfire. There are 3,048 properties in Rapid Valley that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in Rapid Valley.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Rapid Valley has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Rapid Valley is most at risk from severe storms. 3,049 properties in Rapid Valley have some risk of being in a severe wind event within the next 30 years.