The Unshakable Investor

Unshakable ZIP Data 57702 | Rapid City, SD Housing Market

Rapid City · Pennington County · Rapid City, SD metro · South Dakota · Data updated June 19, 2026

The median sale price in ZIP 57702, Rapid City, South Dakota is $414,876 at $217 per square foot. 109 single-family homes sold in the latest period, up 8.1 percent from a year earlier. Homes sit a median of 67 days on market with 5.8 months of supply. Sellers are getting 98.0 percent of list price and 11.3 percent of homes sold above asking.

Buyer leverage market. Negotiate hard.

Value anchors

MetricValueYear over year
Average single-family value$459,218
Average price per sq ft$240
Median sale price$414,876
Median sale price per sq ft$217
Median home size1,914 sq ft
Median new listing price$495,663-0.8%
National size rank2,014

Sales activity

MetricValueYear over year
Homes sold109+8.1%
Median days on market67 days
Months of supply5.8 months
New listings194-3.0%
Active listings319-3.0%
Pending sales152+4.9%

Pricing power

MetricValueYear over year
Average sale-to-list ratio98.0%-0.1 pts
Share sold above list11.3%-4.5 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

1-bedroom
$223,789
2-bedroom
$314,069
3-bedroom
$432,016
4-bedroom
$530,242
5-bedroom
$676,496

These figures describe the single-family market for Rapid City, South Dakota ZIP 57702. They are market context, not a substitute for sold comps or a formal appraisal.