Unshakable ZIP Data 57703 | 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 57703, Rapid City, South Dakota is $369,890 at $211 per square foot. 115 single-family homes sold in the latest period, up 10.9 percent from a year earlier. Homes sit a median of 72 days on market with 3.9 months of supply. Sellers are getting 99.4 percent of list price and 23.2 percent of homes sold above asking.
Buyer leverage market. Negotiate hard.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $363,219 | |
| Average price per sq ft | $207 | |
| Median sale price | $369,890 | |
| Median sale price per sq ft | $211 | |
| Median home size | 1,753 sq ft | |
| Median new listing price | $374,796 | +0.1% |
| National size rank | 7,130 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 115 | +10.9% |
| Median days on market | 72 days | |
| Months of supply | 3.9 months | |
| New listings | 165 | +18.2% |
| Active listings | 264 | -1.0% |
| Pending sales | 136 | +4.5% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 99.4% | -0.1 pts |
| Share sold above list | 23.2% | -0.8 pts |
Bedroom value anchors
Average values by bedroom count. Value anchors for orientation, not appraisals.
2-bedroom
$312,955
3-bedroom
$350,829
4-bedroom
$378,698
5-bedroom
$450,592
These figures describe the single-family market for Rapid City, South Dakota ZIP 57703. They are market context, not a substitute for sold comps or a formal appraisal.