#174316, RICH CRIM, Listing office: WEST RIVER REALTY, LLC
Box Elder Housing Market Report May 2025•Meade 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 May 2024
At the same time last year, Box Elder was a Seller's Market.
Box Elder is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Box Elder have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in Box Elder was $357,700 in May 2025, up 1.3% from last year, and the median price per square foot was $186.
Median Sold Price By Cities
City | May 2024 | May 2025 | Change YoY |
---|---|---|---|
Rapid City | $358K | $365.1K | +2.0% |
Box Elder | $352.9K | $357.7K | +1.3% |
Box Elder | $350.5K | $352K | 0.4% |
Rapid City East | $479K | $449K | -6.3% |
Median Sold Price By Bedrooms
Beds | May 2024 | May 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $322.5K | $252K | -21.9% |
33 Bedrooms | $340K | $348K | +2.4% |
44 Bedrooms | $354.9K | $376.5K | +6.1% |
55+ Bedrooms | $475K | $427.5K | -10.0% |
Summary: Box Elder housing price by bedroom type for May 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 -21.9%. The home price for 3 bedroom homes increased by +2.4%. The home price for 4 bedroom homes increased by +6.1%. The home price for 5 bedroom homes decreased by -10.0%.
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 |
---|---|---|
80Last MonthMay 2025 | ||
642 months agoApr 2025 | +25.0 % Change MoMApr – May |
Summary: The Box Elder real estate market had 80 homes for sale in May 2025, a 25.0 % increase compared to Apr 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
7Last MonthMay 2025 | ||
82 months agoApr 2025 | -12.5 % Change MoMApr – May |
Homes For Sale By Bedroom Count
Beds | Apr 2025 | May 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 6 | 7 | +16.7% |
33 Bedrooms | 28 | 33 | +17.9% |
44 Bedrooms | 27 | 36 | +33.3% |
55+ Bedrooms | 3 | 4 | +33.3% |
Summary: Box Elder housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +16.7%. The inventory for 3 bedroom homes increased by +17.9%. The inventory for 4 bedroom homes increased by +33.3%. The inventory for 5 bedroom homes increased by +33.3%.
Asking Price vs. Sold Price
How much do homes in Box Elder, SD cost?
Over Asking Price1 Home
At Asking Price3 Homes
Under Asking Price2 Homes
If you're buying a home in Box Elder, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Box Elder in May 2025, down by 12.5% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and and 17% 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
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MLS Disclaimers and Copyright
Based on information from Black Hills Association of REALTORS® MLS, and Mount Rushmore MLS for the period 06/01/2023 - 06/01/2025

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: 6/18/2025, 4:45:29 AM 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: 6/18/2025, 4:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.