Rapid City Market Report

$748,373

AVERAGE PRICE OF 72 HOMES

$3,101,123

AVERAGE PRICE OF 13 MULTI-MILLION DOLLAR HOMES

$1,847,500

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

$1,200,300

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $748,373
Avg Bedrooms 1.43 beds
Avg Bathrooms .97 bath

Average Price by Bedrooms

1 bedroom $79,900
2 bedrooms $297,766
3 bedrooms $735,710
4 bedrooms $1,420,043
5 bedrooms $2,017,250
Rapid City Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 68 65 56 43 1
Average Price $664,317 $534,195 $521,848 $435,219 $274,900
Avg Price Change +24.36% +2.37% +19.90% +58.32% 0.00%
Median Price $192,385 $197,100 $205,509 $185,275 $274,900
Med Price Change -2.45% -4.27% +10.92% -48.37% 0.00%
Avg Bedrooms 1.39 beds 1.35 beds 1.33 beds 1.43 beds 2 beds
Avg Bathrooms .99 bath .96 bath .86 bath .83 bath 1 bath
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 72 $748,373 77 days
Multi-Million Dollar Homes 13 $3,101,123 81 days
Newly Built Homes 2 $1,847,500 68 days
Reduced Price Homes 3 $1,200,300 61 days
Bellabay Realty
3960 30th St SW
Grandville, MI 49418

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
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