Market Intelligence · SD / Rapid City

Rapid City, SD 57703 Housing Market

The typical home in ZIP 57703, on the east side of Rapid City, is worth about $363,792, up 2.3% over the past year. The median list price sits at $394,500, and homes are taking a median of 47 days on market as of June 2026.

Updated June 2026Median value$364K

The median home value in Rapid City, SD 57703 is $364K as of June 2026, up 2.3% 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.

Get a cash offer

Sell without the wait

Sell your Rapid City home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 57703 range

$335K to $393K

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.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 57703 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Rapid City, SD.

12-month value trend

+2.3% over 12 months

Typical home value in 57703 over the last 12 months: $356K in Jun 2025 to $364K in Jun 2026 (+2.3%).

Jun 2025$356K

Jun 2026$364K

The numbers

What is the 57703 housing market like?

Typical home value

$364K

Up2.3%YoY

Median list price

$395K

Days on market

47

Down34.7%MoM

Homes for sale

114

Price cuts

13.0%

New listings

40

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

Free home value report

See what your 57703 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 57703 home prices compare?

  • 57703$363,792
  • Rapid City$363,792
  • South Dakota$306,313
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Rapid City: 3 ZIPs; South Dakota: 145 ZIPs; United States: 26,270 ZIPs).

Context

As of June 2026, there are 114 homes for sale across this part of Rapid City, with 40 new listings added recently. The median list price is $394,500, while the typical home value stands at $363,792, up 2.3% over the past year. Homes are spending a median of 47 days on market, and 13.0% of listings have had a price cut. For sellers, the numbers point to steady but unhurried demand, so realistic pricing matters more than holding out for a top figure.

Monthly payment

Estimate your monthly payment.

20% · $72,758

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.