4 days on Rocket
$10,000 Closing Credit¹
$940,000
3 beds • 3 baths • 2,800 sqft
#173233, BECKY BOWDEN, Listing Office: RE/MAX ADVANTAGE
Rapid City East Housing Market Report March 2025•Pennington County, South Dakota
Housing Prices in Rapid City East, SD
How much do homes in Rapid City East, SD cost?
Median List Price
$429,900$190/SqFt
-$49,100
-10.3%
Based on all homes listed in the last 12 months
Insight
The list price of homes in Rapid City East has decreased by 10.3% since last year.
Summary: The median home list price in Rapid City East was $429,900 in March 2025, down 10.3% from the previous year, and the median price per square foot was $190.
Median List Price By Cities
| City | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| Central Pennington | $344.2K | $380K | +10.4% |
| Rapid City | $364.3K | $385K | +5.7% |
| Box Elder | $345K | $359.9K | +4.3% |
| Box Elder | $349.9K | $360K | +2.9% |
| Rapid City East | $479K | $429.9K | -10.3% |
Median List Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | - | $349.9K | N/A |
| 33 Bedrooms | $477K | $374.9K | -21.4% |
| 44 Bedrooms | $504.9K | $479.9K | -5.0% |
| 55+ Bedrooms | $950K | $815K | -14.2% |
Summary: Rapid City East housing price by bedroom type for March 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 decreased by -21.4%. The home price for 4 bedroom homes decreased by -5.0%. The home price for 5 bedroom homes decreased by -14.2%.
How does Rapid City East, SD compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Rapid City East, SD
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 |
|---|---|---|
| 24Last MonthMar 2025 | ||
| 172 months agoFeb 2025 | +41.2 % Change MoMFeb – Mar |
Summary: The Rapid City East real estate market had 24 homes for sale in Mar 2025, a 41.2 % increase compared to Feb 2025.
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 1 | 3 | +200.0% |
| 33 Bedrooms | 7 | 10 | +42.9% |
| 44 Bedrooms | 6 | 8 | +33.3% |
| 55+ Bedrooms | 3 | 3 | 0.0% |
Summary: Rapid City East housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +200.0%. The inventory for 3 bedroom homes increased by +42.9%. The inventory for 4 bedroom homes increased by +33.3%. 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 Price1 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. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Rapid City East in March 2025, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and and 50% were sold over asking.
Days on Market for Rapid City East, SD
How long does it take to sell a home in Rapid City East, SD?
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 81 DaysThis YearMar 2025 | ||
| 101 Days1 year agoMar 2024 | -19.4 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Rapid City East had an average listing age of 81 days in Mar 2025, down by 19.4% compared to the previous year.
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Newest Listings in Rapid City East, SD
What homes are available in Rapid City East, SD?
6 days on Rocket
$6,828 Closing Credit¹
#173165, RICHARD HEGRE, Listing Office: ENGEL & VOELKERS BLACK HILLS, LLC
$3,086 Closing Credit¹
#83671, Listing Office: The Real Estate Group Rapid City
Backup offers
$6,530 Closing Credit¹
#172945, ZAC ZANDSTRA, Listing Office: GREAT PEAKS REALTY MUNRO & GRAN
$6,994 Closing Credit¹
#172941, ZAC ZANDSTRA, Listing Office: GREAT PEAKS REALTY MUNRO & GRAN
Backup offers
$7,600 Closing Credit¹
#172865, BART MILLER, Listing Office: RE/MAX RESULTS
Backup offers
#172744, ZAC ZANDSTRA, Listing Office: GREAT PEAKS REALTY MUNRO & GRAN
$5,225 Closing Credit¹
#172731, WILL DIXON, Listing Office: KELLER WILLIAMS REALTY BLACK HILLS
Backup offers
$4,393 Closing Credit¹
#172718, BRIAN GILL, Listing Office: CENTURY 21 CLEARVIEW REALTY
$4,393 Closing Credit¹
#172710, STUART MARTIN, Listing Office: RE/MAX RESULTS
$9,678 Closing Credit¹
#83256, Listing Office: RE/MAX Results
$9,678 Closing Credit¹
#172476, JAIMA KNUTSON-COLSON, Listing Office: RE/MAX RESULTS
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 04/01/2023 - 04/01/2025
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: 4/16/2025, 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: 4/16/2025, 9:20:51 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: 4/16/2025, 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 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: 4/16/2025, 9:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.