#172670, KEVIN ANDRESON, Listing Office: KELLER WILLIAMS REALTY BLACK HILLS - SPEARFISH
Mount Rushmore Housing Market Report February 2025•Pennington County, South Dakota
Housing Prices in Mount Rushmore, SD
How much do homes in Mount Rushmore, SD cost?
Housing Market Conditions
Is Mount Rushmore, SD a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Mount Rushmore is a Buyer's Market
Difference Since February 2024
At the same time last year, Mount Rushmore was a Seller's Market.
Mount Rushmore 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 Mount Rushmore have sold for 17.4% less than they did a year ago.
Summary: The median home sold price in Mount Rushmore was $545,000 in February 2025, down 17.4% from last year, and the median price per square foot was $271.
Median Sold Price By Cities
City | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
Rapid City | $349.8K | $364.9K | +4.3% |
Mount Rushmore | $660K | $545K | -17.4% |
Median Sold Price By Bedrooms
Beds | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | $360K | N/A |
22 Bedrooms | $532.4K | $410K | -23.0% |
33 Bedrooms | $575K | $501.5K | -12.8% |
44 Bedrooms | $680K | $649K | -4.6% |
55+ Bedrooms | $925K | $678.5K | -26.6% |
Summary: Mount Rushmore 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 -23.0%. The home price for 3 bedroom homes decreased by -12.8%. The home price for 4 bedroom homes decreased by -4.6%. The home price for 5 bedroom homes decreased by -26.6%.
Housing supply in Mount Rushmore, SD
How many homes are available in Mount Rushmore, SD?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
28Last MonthFeb 2025 | ||
252 months agoJan 2025 | +12.0 % Change MoMJan – Feb |
Summary: The Mount Rushmore real estate market had 28 homes for sale in Feb 2025, a 12.0 % increase compared to Jan 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
2Last MonthFeb 2025 | ||
22 months agoJan 2025 | 0.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
Beds | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 3 | 3 | 0.0% |
33 Bedrooms | 3 | 4 | +33.3% |
44 Bedrooms | 8 | 10 | +25.0% |
55+ Bedrooms | 11 | 11 | 0.0% |
Summary: Mount Rushmore 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 remained the same. The inventory for 3 bedroom homes increased by +33.3%. The inventory for 4 bedroom homes increased by +25.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Mount Rushmore, SD cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price1 Home
If you're buying a home in Mount Rushmore, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Mount Rushmore in February 2025, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and and 0% were sold over asking.
Days on Market for Mount Rushmore, SD
We’re sorry, we don't have information for this market at the moment.
Home sale times aren’t available for this area.
Connect With An Agent
Local real estate agents are ready to help you find a home here
Sell My Home
Sell your home with an expert or get the job done on your own.
Get Approved
Get a customizable mortgage solution based on today's rates.
Newest Listings in Mount Rushmore, SD
What homes are available in Mount Rushmore, SD?
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

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, 6:20:51 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: 3/12/2025, 6:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.