New - 2 days on Rocket
$4,452 Closing Credit¹
#83016, Listing Office: RE/MAX Results
Rapid City East Housing Market Report January 2025•Pennington County, South Dakota
Housing Prices in Rapid City East, SD
How much do homes in Rapid City East, SD cost?
Housing Market Conditions
Is Rapid City East, SD a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Rapid City East is a Buyer's Market
Difference Since December 2024
Last month, Rapid City East has remained a Buyer's Market.
Insight
Rapid City East is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$1,025,000$276/SqFt
+$560,000
+120.4%
Based on all homes sold in January 2025
Insight
Homes in Rapid City East have sold for 120.4% more than they did a month ago.
Summary: The median home sold price in Rapid City East was $1,025,000 in January 2025, up 120.4% from last month, and the median price per square foot was $276.
Median Sold Price By City
| City | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Rapid City East | $465K | $1.0M | +120.4% |
| Central Pennington | $312.5K | $292.5K | -6.4% |
| Box Elder | $384.5K | $328.7K | -14.5% |
| Box Elder | $460K | $315K | -31.5% |
Median Sold Price By Bedrooms
| Beds | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | - | - | N/A |
| 33 Bedrooms | - | - | N/A |
| 44 Bedrooms | $465K | - | N/A |
| 55+ Bedrooms | - | $1.0M | N/A |
Summary: Rapid City East housing price by bedroom type for January 2025, compared to the previous year. 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 did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Rapid City East, SD
How many homes are available in Rapid City East, SD?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 19Last MonthJan 2025 | ||
| 122 months agoDec 2024 | +58.3 % Change MoMDec – Jan |
Summary: The Rapid City East real estate market had 19 homes for sale in Jan 2025, a 58.3 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 1Last MonthJan 2025 | ||
| 12 months agoDec 2024 | 0.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 0 | 3 | +100.0% |
| 33 Bedrooms | 3 | 6 | +100.0% |
| 44 Bedrooms | 5 | 6 | +20.0% |
| 55+ Bedrooms | 4 | 4 | 0.0% |
Summary: Rapid City East housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes increased by +100.0%. The inventory for 4 bedroom homes increased by +20.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Rapid City East, SD cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price1 Home
Insight
If you're buying a home in Rapid City East, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Rapid City East in January 2025, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Rapid City East, 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 Rapid City East, SD
What homes are available in Rapid City East, SD?
New - 6 days on RocketVideo tour
$6,530 Closing Credit¹
#172128, TJ WOJTANOWICZ, Listing Office: BLACK HILLS REALTY
$4,452 Closing Credit¹
#82941, Listing Office: RE/MAX Results
$5,343 Closing Credit¹
#82898, Listing Office: Battle Creek Agency
Backup offers
$4,452 Closing Credit¹
#172009, BART MILLER, Listing Office: RE/MAX RESULTS
$4,511 Closing Credit¹
#171979, STUART MARTIN, Listing Office: RE/MAX RESULTS
Backup offers
$6,116 Closing Credit¹
#171929, AMANDA KIRSCHENMAN, Listing Office: COLDWELL BANKER BLACK HILLS LEGACY
#171925, KELLY HOWIE, Listing Office: RE/MAX ADVANTAGE
$3,205 Closing Credit¹
#171826, JOHN ROBERTS, Listing Office: THE REAL ESTATE GROUP, INC.
#82762, Listing Office: Ascend Realty
#171749, MARCI WIESELER, Listing Office: CONRAD & COMPANY
Video tour
#171760, HALEY MOLINE, Listing Office: KELLER WILLIAMS REALTY BLACK HILLS
Popular Cities with Homes for Sale in South Dakota
MLS Disclaimers and Copyright
Based on information from Black Hills Association of REALTORS® MLS, Mount Rushmore MLS, and Sioux Empire MLS for the period 12/01/2024 - 02/01/2025
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: 2/6/2025, 9:20:51 AM 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: 2/6/2025, 9:20:52 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: 2/6/2025, 9:20:52 AM 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 Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by other brokerage firms are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. 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. 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. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The REALTOR® Association of the Sioux Empire, Inc. does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. 
©2025 REALTOR® Association of the Sioux Empire, 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: 2/6/2025, 9:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.