What is the housing market like in Rapid City today?
In December 2024, Rapid City home prices were down 65.2% compared to last year, selling for a median price of $120K.
$415K
Sale Price
$269
Sale $/Sq. Ft.
Under List Price
17%
Days on Market
54
Down Payment
—
Total Homes Sold
3
To compare other locations to the Rapid City and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Rapid City add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Rapid City Migration & Relocation Trends
No data on migration and relocation available in this area right now
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 City housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Rapid City.
Flood Factor - Minor
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Rapid City has a minor risk of flooding. 106 properties in Rapid City are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in Rapid City. Flood risk is increasing faster than the national average.
66% of properties are at risk of wildfire over the next 30 years
Fire Factor
Rapid City has a moderate risk of wildfire. There are 978 properties in Rapid City that have some risk of being affected by wildfire over the next 30 years. This represents 66% of all properties in Rapid City.