Market Intelligence · SD / Rapid City

Rapid City, SD 57702 Housing Market

The typical home value in Rapid City, SD 57702 is $452,113, up 3.3% over the past year as of 2026-08-01. Sellers are listing at a median price of $595,000, and homes are spending a median of 54 days on the market.

Updated August 2026Median value$452K

The median home value in Rapid City, SD 57702 is $452K as of August 2026, up 3.3% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 57702 range

$416K to $488K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+3.3% over 12 months

Typical home value in 57702 over the last 12 months: $438K in Aug 2025 to $452K in Aug 2026 (+3.3%).

Aug 2025$438K

Aug 2026$452K

The numbers

What is the 57702 housing market like?

Typical home value

$452K

Up3.3%YoY

Median list price

$595K

Down1.9%MoM

Days on market

54

Up17.4%MoM

Homes for sale

155

Up14.0%MoM

Price cuts

15.0%

Up5.3%MoM

New listings

72

Down2.7%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 57702 home prices compare?

  • 57702$452,113
  • Rapid City$358,905
  • South Dakota$302,982
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Rapid City: 3 ZIPs; South Dakota: 145 ZIPs; United States: 26,265 ZIPs).

Context

As of 2026-08-01, there are 155 homes for sale in 57702, with 72 new listings hitting the market. The median list price is $595,000, while the typical home value sits at $452,113, up 3.3% over the past year. Homes are taking a median of 54 days to sell, so buyers have some time to weigh their options. About 15.0% of listings have taken a price cut. For a seller, this is a market where realistic pricing from the start matters more than testing the top of the range.

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