If you need assistance, please call 248-840-9624

Rapid City Market Report

$809,193

AVERAGE PRICE OF 53 HOMES

$3,170,580

AVERAGE PRICE OF 10 MULTI-MILLION DOLLAR HOMES

$2,024,875

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

Average Home

Average Price $809,193
Avg Bedrooms 1.51 beds
Avg Bathrooms 1.09 baths

Average Price by Bedrooms

1 bedroom $1,100,000
2 bedrooms $255,000
3 bedrooms $776,711
4 bedrooms $1,115,150
5 bedrooms $1,814,500
Rapid City Home Price Trends
  11/2024 10/2024 9/2024 8/2024 7/2024
Total Listings 58 64 73 71 68
Average Price $754,491 $683,283 $639,494 $667,692 $801,908
Avg Price Change +10.42% +6.85% -4.41% -20.10% +20.71%
Median Price $191,043 $176,495 $180,250 $177,050 $232,622
Med Price Change +8.24% -2.13% +1.81% -31.39% +20.91%
Avg Bedrooms 1.55 beds 1.49 beds 1.49 beds 1.43 beds 1.58 beds
Avg Bathrooms 1.1 baths 1.03 baths 1.02 baths .97 bath 1.11 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 53 $809,193 161 days
Multi-Million Dollar Homes 10 $3,170,580 154 days
Newly Built Homes 2 $2,024,875 150 days
CMS Realty, LLC
Colleen Strader, REALTOR®
5775 Sherwood Rd
Oxford, MI 48371
248-840-9624

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