Blackhawk, SD housing market
The typical Blackhawk home is worth about $353,000, up 2% in a year, 10% above the South Dakota typical home.
Home values, sales, trends and how Blackhawk compares with the towns next door — updated as new data is published.
Blackhawk at a glance
Only 3 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2017–2026
Show as a table
| January | Blackhawk | South Dakota |
|---|---|---|
| 2018 | $210,000 | $195,000 |
| 2019 | $223,000 | $203,000 |
| 2020 | $242,000 | $215,000 |
| 2021 | $265,000 | $235,000 |
| 2022 | $317,000 | $272,000 |
| 2023 | $337,000 | $297,000 |
| 2024 | $342,000 | $301,000 |
| 2025 | $345,000 | $312,000 |
| 2026 | $352,000 | $319,000 |
| August 2026 | $353,000 | $322,000 |
Blackhawk and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Blackhawk | $353K | +2% | $1,230 | — | $71,993 |
| Summerset | $431K | +1.4% | $1,270 | 5 | $119,271 |
4.9 years of income
The typical Blackhawk home costs about 4.9 years of the town's median household income, more than across South Dakota (4.3 years).
How Blackhawk ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,230
HUD's Fair Market Rent for a two-bedroom in Blackhawk is $1,230 a month, utilities included: roughly what a modest, recently rented unit costs. A two-bedroom takes about 21% of the town's median household income.
Studio $850 · 4 bedrooms $2,070
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (57718; Rapid City, SD HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.