MAKAYLA ROZELL, Listing Office: ENGEL & VOELKERS BLACK HILLS, LLC
Mount Rushmore Housing Market Report December 2024•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 November 2024
Last month, Mount Rushmore has remained a Buyer'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 December 2024
Homes in Mount Rushmore have sold for 251.2% more than they did a month ago.
Summary: The median home sold price in Mount Rushmore was $1,800,000 in December 2024, up 251.2% from last month, and the median price per square foot was $396.
Median Sold Price By City
City | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
Mount Rushmore | $512.5K | $1.8M | +251.2% |
Central Pennington | $290K | $312.5K | +7.8% |
Median Sold Price By Bedrooms
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | - | $360K | N/A |
22 Bedrooms | $410K | - | N/A |
33 Bedrooms | $512.5K | $398.0M | +77558.5% |
44 Bedrooms | $617.9K | $1.8M | +191.3% |
55+ Bedrooms | - | - | N/A |
Summary: Mount Rushmore housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +77558.5%. The home price for 4 bedroom homes increased by +191.3%. The home price for 5 bedroom homes did not change.
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 |
---|---|---|
31Last MonthDec 2024 | ||
342 months agoNov 2024 | -8.8 % Change MoMNov – Dec |
Summary: The Mount Rushmore real estate market had 31 homes for sale in Dec 2024, a 8.8 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
3Last MonthDec 2024 | ||
42 months agoNov 2024 | -25.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 1 | 0.0% |
22 Bedrooms | 4 | 3 | -25.0% |
33 Bedrooms | 5 | 3 | -40.0% |
44 Bedrooms | 12 | 12 | 0.0% |
55+ Bedrooms | 12 | 12 | 0.0% |
Summary: Mount Rushmore housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -25.0%. The inventory for 3 bedroom homes decreased by -40.0%. The inventory for 4 bedroom homes remained the same. 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 Price1 Home
At Asking Price0 Home
Under Asking Price2 Homes
If you're buying a home in Mount Rushmore, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Mount Rushmore in December 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and and 33% 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 11/01/2024 - 01/01/2025
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: 1/29/2025, 3:20:53 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: 1/29/2025, 3:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.