Rapid City Real Estate Market

Rapid City Market

The median mortgage debt is $70,471.

Additional Statistics for Single Family Homes and Condos in Rapid City, SD
$190,170
Median Listing Price
57
Median Days on Market
572
Active Listings
1.0%
Distressed Listings
(foreclosures and short sales)
Rapid City, SD Price Trends - Sold vs. Listed
The median list price in May for single family homes in Rapid City is $189,900. The list prices increased by 2.09% from the previous month.

The price per square foot for listings in this area is $105.

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Rapid City, SD Market Inventory Trends

The number of active listings in Rapid City increased by 10.5% from the previous month.

The median number of days active properties have been listed is 56. This is significantly shorter than the national average.

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Rapid City, SD Property Ownership

The percent of unoccupied properties is very low in Rapid City. It is -9.39% below the national average.

The percent of rental properties in Rapid City is 17.29% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.