If you need assistance, please call 269-743-4817

Rapid City Market Report

$570,331

AVERAGE PRICE OF 66 HOMES

$2,185,618

AVERAGE PRICE OF 11 MULTI-MILLION DOLLAR HOMES

$469,933

AVERAGE PRICE OF 3 NEWLY BUILT HOMES

Average Home

Average Price $570,331
Avg Bedrooms 1.33 beds
Avg Bathrooms .86 bath

Average Price by Bedrooms

1 bedroom $1,000,000
2 bedrooms $382,500
3 bedrooms $793,050
4 bedrooms $1,282,075
5 bedrooms $2,790,000
Rapid City Home Price Trends
  4/2025 3/2025 2/2025 1/2025 12/2024
Total Listings 47 43 43 42 52
Average Price $667,080 $630,761 $595,778 $772,771 $807,340
Avg Price Change +5.76% +5.87% -29.71% -4.47% +7.00%
Median Price $304,427 $203,471 $206,011 $213,244 $201,466
Med Price Change +49.62% -1.25% -3.51% +5.85% +5.46%
Avg Bedrooms 1.55 beds 1.41 beds 1.36 beds 1.41 beds 1.5 beds
Avg Bathrooms 1.03 baths 1 baths .97 bath 1.01 baths 1.08 baths
Total Homes Average Price Avg Days on Site
All Homes 66 $570,331 151 days
Multi-Million Dollar Homes 11 $2,185,618 185 days
Newly Built Homes 3 $469,933 71 days
Berkshire Hathaway Home Service Michigan Real Estate
Greg Miller
5839 Oakland Dr
Portage, MI 49024
269-743-4817
Kalamazoo Mortgage
2415 S 11th St
Kalamazoo, MI 49009-2197
269-364-6000
NMLS # 130562

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