Housing · Rapid Valley

Rapid Valley, SD housing market

Homes typically sell in 62 days, close to asking.

Home values, sales, trends and how Rapid Valley compares with the towns next door — updated as new data is published.

The market right now

Rapid Valley at a glance

Median sale price
$306K
May 2026 · Redfin
Days on market
62
South Dakota: 49 days
Sale-to-list
98.8%
Homes sell near asking
Homes sold
14
in May · 18 for sale
Market temperature

A strong seller's market

Buyer's marketBalancedSeller's market

Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.

Nearby

Rapid Valley and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr changeDays on marketMedian income
Rapid Valley — — 62 $83,208
Rapid City $362K +2% 60 $70,870
Box Elder $367K +2.3% 79 $73,008
Affordability

3.1 years of income

The typical Rapid Valley home costs about 3.1 years of the town's median household income, less than across South Dakota (4.3 years).

How Rapid Valley ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
92.3%
South Dakota: 68.6%
Median tax bill
$2,612
South Dakota: $2,724
Median rent
$1,174
South Dakota: $946
Typical home built
1988
South Dakota: 1980

U.S. Census Bureau, ACS 2020-2024.

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.

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Rapid Valley

South Dakota · SD
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Rapid Valley is your selected town. The feed includes posts assigned to this town, not a distance radius or ZIP code.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/19 · 2025-01-01