The North Rapid City housing market is somewhat competitive. The median sale price of a home in North Rapid City was $240K last month, down 2.8% since last year. The median sale price per square foot in North Rapid City is $208, up 26.8% since last year.
What is the housing market like in North Rapid City today?
In May 2025, North Rapid City home prices were down 2.8% compared to last year, selling for a median price of $240K. On average, homes in North Rapid City sell after 62 days on the market compared to 78 days last year. There were 33 homes sold in May this year, up from 33 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$240,000
-2.8% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
North Rapid City, SD
$240,000
-2.8%
United States
To compare other locations to the North 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.
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How hot is the North Rapid City housing market?
North Rapid City is somewhat competitive. Homes sell in 63 days.
0
100
47
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 2% below list price and go pending in around 63 days.
Hot homes
can sell for about 2% above list price and go pending in around 40 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 North Rapid City housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in North Rapid City.
Flood Factor - Minor
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
North Rapid City has a minor risk of flooding. 127 properties in North Rapid City are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in North Rapid City. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
North Rapid City has a severe risk of wildfire. There are 3,413 properties in North Rapid City that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in North Rapid City.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
North Rapid City has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. North Rapid City is most at risk from severe storms. 3,414 properties in North Rapid City have some risk of being in a severe wind event within the next 30 years.
99% of properties are at minor
risk of heat over the next 30 years
Heat Factor
North Rapid City has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in North Rapid City have a Minor Heat Factor®.
North Rapid City is expected to see a 114% increase in the number of days over 95ºF over the next 30 years. North Rapid City is expected to experience 6