House Prices

House Prices & Home Values Rapid City, SD 2026


Average Data

average house price$205,141
average size per house1539 ft²
average price per ft²134 $ / ft²

01/24/2026 - The value range (VR) for house prices in Rapid City, SD is $125/ sqft to $226/ sqft. An average home with 1539 sqft costs approximately $192,375 to $347,814. Rapid City, SD includes 3 ZIP codes and it is located in Pennington county. The lowest prices are found in ZIP 57701, while the highest are in ZIP 57702. The average price per sqare feet is $134. Our analysis is based on 118 property listings.

Avergage prices by ZIP codes Rapid City

57701135 $ / ft²
57702238 $ / ft²
57703157 $ / ft²


House prices by neighborhoods in Rapid City

Downtown132 $ / ft²
East Boulevard Historic District122 $ / ft²
Knollwood Heights129 $ / ft²
LaCrosse Estates136 $ / ft²
North Rapid121 $ / ft²
Robbinsdale114 $ / ft²
School of Mines128 $ / ft²
Scott Addition113 $ / ft²
Shepherd Hills134 $ / ft²
Signal Heights114 $ / ft²
South Robbinsdale130 $ / ft²




Historical development of home values in Rapid City

Year Estimated value (USD) Change vs. 2025
2010 $95,271 -53.6%
2011 $91,587 -55.4%
2012 $91,340 -55.5%
2013 $94,755 -53.8%
2014 $99,466 -51.5%
2015 $104,571 -49.0%
2016 $110,028 -46.4%
2017 $115,967 -43.5%
2018 $122,378 -40.3%
2019 $128,053 -37.6%
2020 $134,672 -34.4%
2021 $153,175 -25.3%
2022 $178,568 -13.0%
2023 $188,308 -8.2%
2024 $199,202 -2.9%
2025 $205,141 0.0%

Graph: estimated home values in Rapid City over time (USD)



Example: 100% financing house in Rapid City

Loan amount: $205,141

Interest rate: 6.00%

Fixed monthly payment: $1,229.92

Breakdown in the 1st month:
Interest portion: $1,025.71  –  Principal portion: $204.22

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $12,239.93 $2,519.16 $202,621.84
2 $12,084.56 $2,674.53 $199,947.31
3 $11,919.60 $2,839.49 $197,107.82
4 $11,744.46 $3,014.62 $194,093.20
5 $11,558.53 $3,200.56 $190,892.64
6 $11,361.12 $3,397.96 $187,494.67
7 $11,151.55 $3,607.54 $183,887.13
8 $10,929.04 $3,830.05 $180,057.09
9 $10,692.81 $4,066.28 $175,990.81
10 $10,442.01 $4,317.08 $171,673.73
11 $10,175.74 $4,583.34 $167,090.39
12 $9,893.05 $4,866.03 $162,224.36
13 $9,592.93 $5,166.16 $157,058.20
14 $9,274.29 $5,484.80 $151,573.40
15 $8,936.00 $5,823.09 $145,750.31
16 $8,576.84 $6,182.24 $139,568.07
17 $8,195.54 $6,563.55 $133,004.52
18 $7,790.71 $6,968.38 $126,036.14
19 $7,360.92 $7,398.17 $118,637.97
20 $6,904.61 $7,854.47 $110,783.50
21 $6,420.17 $8,338.92 $102,444.58
22 $5,905.84 $8,853.25 $93,591.33
23 $5,359.79 $9,399.30 $84,192.04
24 $4,780.06 $9,979.02 $74,213.01
25 $4,164.58 $10,594.51 $63,618.51
26 $3,511.13 $11,247.95 $52,370.55
27 $2,817.38 $11,941.70 $40,428.85
28 $2,080.85 $12,678.24 $27,750.61
29 $1,298.88 $13,460.21 $14,290.40
30 $468.68 $14,290.40 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Rapid City, SD


1500 sqft3900 sqft
Ø selling price$243,211$517,375
Ø fast selling$221,101$465,637
Ø high price sale$265,320$569,112

In 2026, houses in Rapid City, SD will be offered at an average price of $134 per square foot. A 1,500 sqft home priced at $243,211 is 24.84% more expensive per square foot than a 3,900 sqft home priced at $517,375. Home prices in Rapid City, SD vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $358,182. Sellers who can wait longer may achieve a higher price of up to $437,779.

FAQ – Home Values in Rapid City

What is the median home value in Rapid City in 2026?

In 2026, the typical home value in Rapid City is about $205,141 for an average home size of 1539 square feet. This corresponds to an average price of roughly $134 per square foot.

What is the average cost per square foot in Rapid City?

In 2026, homes in Rapid City sell for an average of around $134 per square foot, with a typical range between $125 and $226 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Rapid City is about 1539 square feet, with an estimated 2026 value around $205,141.



Locations close to Rapid City, SD

Ellsworth Afb, SD115 $ / ft²
Allen, SD43 $ / ft²
Batesland, SD50 $ / ft²
Whitehorse, SD226 $ / ft²
Watauga, SD196 $ / ft²
Wakpala, SD240 $ / ft²
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