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Rapid City, SD Real Estate & Property Data

Rapid City Real Estate Market Trends

Last Updated: April 22, 2025

Accurate and comprehensive real estate data is critical for insight into Rapid City, SD. ATTOM’s Rapid City real estate data is updated daily, and current market trends show that in Rapid City, SD a total of 13 residential properties have sold over the past year. Get detailed property data for Rapid City, SD instantly. ATTOM is your one-stop-shop for the Rapid City property reports and real estate data you need in Rapid City, SD.

Rapid City Real Estate Market Trends

Get property data for any address in Rapid City, SD or the country:

Total Residential Properties 34,138

Total Commercial Properties 1,492

Avg. Home Age (Single Family Home) 48 Years

Avg. Square Feet (Single Family Home) 1,350

Total 2025 Residential Sales (year-to-date) 2

% of Homes Seriously Underwater (Q2 2025) 0.02%

Total 2024 Residential Sales 11

% of Equity Rich Homes (Q2 2025) 19.66%

Effective 2024 Property Tax 1.03%

Total Foreclosure Filings (year-to-date) 1

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Rapid City, SD Real Estate Overview

There were 13 residential properties sold in the past year in Rapid City, SD. The median home value in Rapid City, SD is $342,750. There are a total of 34,138 residential properties in the Rapid City.

Median Sales Price i

February '25 Feb '25 N/A
January '25 Jan '25 $490,000
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 $556,000
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 $562,175
June '24 Jun '24 $520,000
May '24 May '24 $627,000
April '24 Apr '24 N/A
March '24 Mar '24 $625,000

Median Down Payment i

February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 $27,800
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 $140,544
June '24 Jun '24 $34,125
May '24 May '24 $103,600
April '24 Apr '24 N/A
March '24 Mar '24 $51,525

Number of Homes Sold i

1

(Feb 2025)

-50%

year-over-year

y-o-y

February '25 Feb '25 1
January '25 Jan '25 1
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 2
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 1
June '24 Jun '24 3
May '24 May '24 2
April '24 Apr '24 N/A
March '24 Mar '24 1

Number of Purchase Loans i

February '25 Feb '25 N/A
January '25 Jan '25 1
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 2
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 1
June '24 Jun '24 3
May '24 May '24 2
April '24 Apr '24 N/A
March '24 Mar '24 1

Number of REFI Loans i

1

(Feb 2025)

year-over-year

y-o-y

February '25 Feb '25 1
January '25 Jan '25 N/A
December '24 Dec '24 1
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 2
August '24 Aug '24 2
July '24 Jul '24 2
June '24 Jun '24 5
May '24 May '24 2
April '24 Apr '24 6
March '24 Mar '24 N/A

Number of HELOC Loans i

February '25 Feb '25 N/A
January '25 Jan '25 1
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 4
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A
June '24 Jun '24 N/A
May '24 May '24 3
April '24 Apr '24 N/A
March '24 Mar '24 1

Rapid City, SD Real Estate Market Overview

Last 30 days

Zip

Median Est. Value
Zip

Median Est. Value
Zip

Median Est. Value

57701

$342,750 $253.96/sqft
57702

$392,339 $248.09/sqft
57703

$379,874 $309.68/sqft

Rapid City, SD Foreclosure Activity

There were a total of 1 Rapid City, SD properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i

1

(Feb 2025)

-66.7%

year-over-year

y-o-y

February '25 Feb '25 1
January '25 Jan '25 N/A
December '24 Dec '24 5
November '24 Nov '24 N/A
October '24 Oct '24 4
September '24 Sep '24 2
August '24 Aug '24 N/A
July '24 Jul '24 3
June '24 Jun '24 2
May '24 May '24 1
April '24 Apr '24 4
March '24 Mar '24 3

Foreclosure Starts i

1

(Feb 2025)

-66.7%

year-over-year

y-o-y

February '25 Feb '25 1
January '25 Jan '25 N/A
December '24 Dec '24 5
November '24 Nov '24 N/A
October '24 Oct '24 4
September '24 Sep '24 2
August '24 Aug '24 N/A
July '24 Jul '24 3
June '24 Jun '24 2
May '24 May '24 1
April '24 Apr '24 4
March '24 Mar '24 3

Completed Foreclosures (REOs) i

February '25 Feb '25 N/A
January '25 Jan '25 1
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A
June '24 Jun '24 N/A
May '24 May '24 N/A
April '24 Apr '24 N/A
March '24 Mar '24 N/A

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