5 hours on Rocket
$3,978 Closing Credit¹
#172711, JONATHAN WEETS, Listing Office: KINGDOM REALTY, INC
Box Elder Housing Market Report February 2025•Pennington County, South Dakota
Housing Prices in Box Elder, SD
How much do homes in Box Elder, SD cost?
Housing Market Conditions
Is Box Elder, SD a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Box Elder is a Buyer's Market
Difference Since February 2024
Since last year, Box Elder has remained a Buyer's Market.
Insight
Box Elder is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$350,000$183/SqFt
-$6,250
-1.8%
Based on all homes sold in the last 12 months
Insight
Homes in Box Elder have sold for 1.8% less than they did a year ago.
Summary: The median home sold price in Box Elder was $350,000 in February 2025, down 1.8% from last year, and the median price per square foot was $183.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Rapid City | $349.8K | $364.9K | +4.3% |
| Box Elder | $356.2K | $350K | -1.8% |
| Box Elder | $364.6K | $351.7K | -3.5% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $322.5K | $274K | -15.0% |
| 33 Bedrooms | $328.5K | $337K | +2.6% |
| 44 Bedrooms | $364.6K | $363K | -0.4% |
| 55+ Bedrooms | $462.5K | $417.5K | -9.7% |
Summary: Box Elder housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -15.0%. The home price for 3 bedroom homes increased by +2.6%. The home price for 4 bedroom homes decreased by -0.4%. The home price for 5 bedroom homes decreased by -9.7%.
How does Box Elder, SD compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Box Elder, SD
Housing supply in Box Elder, SD
How many homes are available in Box Elder, SD?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 62Last MonthFeb 2025 | ||
| 532 months agoJan 2025 | +17.0 % Change MoMJan – Feb |
Summary: The Box Elder real estate market had 62 homes for sale in Feb 2025, a 17.0 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 6Last MonthFeb 2025 | ||
| 32 months agoJan 2025 | +100.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 4 | 7 | +75.0% |
| 33 Bedrooms | 32 | 37 | +15.6% |
| 44 Bedrooms | 16 | 16 | 0.0% |
| 55+ Bedrooms | 1 | 2 | +100.0% |
Summary: Box Elder housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +75.0%. The inventory for 3 bedroom homes increased by +15.6%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +100.0%.
Asking Price vs. Sold Price
How much do homes in Box Elder, SD cost?
Over Asking Price0 Home
At Asking Price2 Homes
Under Asking Price4 Homes
Insight
If you're buying a home in Box Elder, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Box Elder in February 2025, up by 100.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and and 0% were sold over asking.
Days on Market for Box Elder, SD
We’re sorry, we don't have information for this market at the moment.
Home sale times aren’t available for this area.
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Newest Listings in Box Elder, SD
What homes are available in Box Elder, SD?
1 day on Rocket
$3,502 Closing Credit¹
#172668, JAMIE BOOMSMA, Listing Office: THE REAL ESTATE GROUP, INC.
5 days on Rocket3D tour
$4,571 Closing Credit¹
#172627, FORREST THOMPSON, Listing Office: RE/MAX ADVANTAGE
5 days on Rocket
$5,046 Closing Credit¹
#172623, FORREST THOMPSON, Listing Office: RE/MAX ADVANTAGE
6 days on Rocket
$3,502 Closing Credit¹
#172605, JAMIE BOOMSMA, Listing Office: THE REAL ESTATE GROUP, INC.
6 days on Rocket3D tour
$5,105 Closing Credit¹
#172594, FORREST THOMPSON, Listing Office: RE/MAX ADVANTAGE
7 days on Rocket
#172591, KELLY HOWIE, Listing Office: RE/MAX ADVANTAGE
$4,036 Closing Credit¹
#172526, JAMIE BOOMSMA, Listing Office: THE REAL ESTATE GROUP, INC.
Backup offers
$3,147 Closing Credit¹
#172462, SCOTT HENRIKSON, Listing Office: KELLER WILLIAMS REALTY BLACK HILLS
$5,936 Closing Credit¹
#172450, CAMERON CUMMINGS, Listing Office: COLDWELL BANKER BLACK HILLS LEGACY
3D tour
$4,749 Closing Credit¹
#172430, FORREST THOMPSON, Listing Office: RE/MAX ADVANTAGE
Backup offers
$3,919 Closing Credit¹
#172380, JAMES NELSON, Listing Office: COLDWELL BANKER BLACK HILLS LEGACY
Popular Cities with Homes for Sale in South Dakota
MLS Disclaimers and Copyright
Based on information from Black Hills Association of REALTORS® MLS, and Mount Rushmore MLS for the period 03/01/2023 - 03/01/2025
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of Black Hills Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. Copyright © 2025 by Black Hills Association of REALTORS®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 11:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by other brokerage firms are marked with the Broker Reciprocity™ logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Copyright 2025 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 11:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 11:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.