Housing market · ZIP 57701

Rapid City, SD Home Prices & Forecast

Median value and 12-month outlook · as of April 2026

Median home value

$302,884

3-month+0.5%

6-month+1.4%

12-month+1.4%

Touse 12-month forecast

+1.1%

Projected median near $306,113 over the next 12 months

As of April 2026, the median home value in Rapid City, SD (ZIP 57701) is $302,884. Prices are stable, up 1.4% over the past year. Touse's model projects a +1.1% change over the next 12 months, putting the median near $306,113.

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Nearby areas in Pennington

Rapid City 57702 Rapid City 57703 Rapid City 57709 Box Elder 57719 Caputa 57725 Hill City 57745 Keystone 57751 New Underwood 57761

Estimates are derived from Zillow Research price history and Touse's forecasting model (LightGBM + Prophet). Forecasts are 12-month projections with inherent uncertainty, not guarantees, and are not financial advice. Confirm with a licensed professional before any decision.