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Rapid City, MI real estate

Compare top Rapid City real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for August 2026.*


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Rapid City real estate Market Report.

Information and statistics on the latest trends in the Rapid City real estate market. *

Latest Rolling 3-Month Snapshot

Apr 1, 2026 - Jun 30, 2026

Median sale price
$222K
+53% from Q1 '26
Median list price
$445K
+17% from Q1 '26
Active listings
19
+73% from Q1 '26
Homes sold
4
No change from Q1 '26
New pendings
5
No change from Q1 '26
New listings
12
+200% from Q1 '26

Quarterly Pricing Trends for Rapid City

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Rapid City Q3 '21 Q3 '22 Q3 '23 Q3 '24 Q3 '25 Q2 '26 Median sale price in Jul 2021 - Sep 2021: $495K Median sale price in Oct 2021 - Dec 2021: $250K Median sale price in Jan 2022 - Mar 2022: $177K Median sale price in Apr 2022 - Jun 2022: $276K Median sale price in Jul 2022 - Sep 2022: $648K Median sale price in Oct 2022 - Dec 2022: $200K Median sale price in Apr 2023 - Jun 2023: $479K Median sale price in Jul 2023 - Sep 2023: $379K Median sale price in Oct 2023 - Dec 2023: $343K Median sale price in Jan 2024 - Mar 2024: $242K Median sale price in Apr 2024 - Jun 2024: $350K Median sale price in Jul 2024 - Sep 2024: $530K Median sale price in Oct 2024 - Dec 2024: $138K Median sale price in Jan 2025 - Mar 2025: $415K Median sale price in Apr 2025 - Jun 2025: $365K Median sale price in Jul 2025 - Sep 2025: $816K Median sale price in Oct 2025 - Dec 2025: $273K Median sale price in Jan 2026 - Mar 2026: $145K Median sale price in Apr 2026 - Jun 2026: $222K Median list price in Jul 2021 - Sep 2021: $358K Median list price in Oct 2021 - Dec 2021: $180K Median list price in Jan 2022 - Mar 2022: $585K Median list price in Apr 2022 - Jun 2022: $300K Median list price in Jul 2022 - Sep 2022: $204K Median list price in Oct 2022 - Dec 2022: $145K Median list price in Jan 2023 - Mar 2023: $155K Median list price in Apr 2023 - Jun 2023: $399K Median list price in Jul 2023 - Sep 2023: $260K Median list price in Oct 2023 - Dec 2023: $305K Median list price in Jan 2024 - Mar 2024: $359K Median list price in Apr 2024 - Jun 2024: $355K Median list price in Jul 2024 - Sep 2024: $255K Median list price in Oct 2024 - Dec 2024: $990K Median list price in Jan 2025 - Mar 2025: $2.5M Median list price in Apr 2025 - Jun 2025: $350K Median list price in Jul 2025 - Sep 2025: $329K Median list price in Oct 2025 - Dec 2025: $152K Median list price in Jan 2026 - Mar 2026: $381K Median list price in Apr 2026 - Jun 2026: $445K Jul 2021 - Sep 2021 Median sale price $495K Median list price $358K Oct 2021 - Dec 2021 Median sale price $250K Median list price $180K Jan 2022 - Mar 2022 Median sale price $177K Median list price $585K Apr 2022 - Jun 2022 Median sale price $276K Median list price $300K Jul 2022 - Sep 2022 Median sale price $648K Median list price $204K Oct 2022 - Dec 2022 Median sale price $200K Median list price $145K Jan 2023 - Mar 2023 Median sale price Unknown Median list price $155K Apr 2023 - Jun 2023 Median sale price $479K Median list price $399K Jul 2023 - Sep 2023 Median sale price $379K Median list price $260K Oct 2023 - Dec 2023 Median sale price $343K Median list price $305K Jan 2024 - Mar 2024 Median sale price $242K Median list price $359K Apr 2024 - Jun 2024 Median sale price $350K Median list price $355K Jul 2024 - Sep 2024 Median sale price $530K Median list price $255K Oct 2024 - Dec 2024 Median sale price $138K Median list price $990K Jan 2025 - Mar 2025 Median sale price $415K Median list price $2.5M Apr 2025 - Jun 2025 Median sale price $365K Median list price $350K Jul 2025 - Sep 2025 Median sale price $816K Median list price $329K Oct 2025 - Dec 2025 Median sale price $273K Median list price $152K Jan 2026 - Mar 2026 Median sale price $145K Median list price $381K Apr 2026 - Jun 2026 Median sale price $222K Median list price $445K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
38
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Apr 2026 - Jun 2026).

Rapid City’s rolling three-month data ending in June 2026 points to notable year-over-year shifts, with the typical home value down sharply while listing prices have climbed. Active listings have more than doubled compared with a year earlier, and months of supply has expanded significantly, signaling a much looser inventory picture than last summer.

In the latest period, the median list price sits at about $445,000 while the typical home value is closer to $222,000, highlighting a wide gap between asking prices and recent sale values. Homes now spend a median of 53 days on the market, far longer than a year ago, yet nearly six in ten listings still go off the market within two weeks, suggesting that well-positioned homes can move quickly.

Supply conditions stand out, with roughly 11 months of inventory indicating buyers have far more options than in past years, even though the area is still characterized as a seller’s market overall. At the same time, no recent sales closed above list price and the average sale-to-list ratio is just under 98 percent, reinforcing that negotiation has become more common. In this kind of mixed environment, both buyers looking for value and sellers aiming to price strategically can benefit from an Agent Pronto–recommended real estate professional to guide their next move.



Learn more about what Rapid City has to offer.

Rapid City offers a close-knit community, abundant outdoor recreation, convenient local amenities, and welcoming opportunities for neighbors to connect through events and local initiatives.

Rapid City sits between Torch Lake and Lake Skegemog, giving residents everyday access to shoreline, boat launches, and wooded backroads while remaining within commuting distance of Traverse City. It feels rural and relaxed yet practical, with key services in nearby Kalkaska and along the corridor toward Acme.

Water and recreation define much of daily life here. Locals enjoy public access at Torch Lake Township Day Park and fishing or paddling on the nearby Chain of Lakes. Snowmobile and ORV riders connect to regional trail systems, while golfers head to courses near Elk Rapids and Acme. Dining and errands are simple, with casual spots in town and broader options in Grand Traverse County.

Families appreciate the connection to Kalkaska Public Schools and access to learning resources at the Kalkaska County Library. Medical care, larger grocery stores, and professional services are an easy drive away, which keeps everyday routines manageable while you still feel removed from city traffic.

Housing in Rapid City ranges from modest full‑time homes to seasonal cottages and lakefront properties, each with unique considerations around wells, septics, shoreline rules, and winter access. A knowledgeable local agent can explain township regulations, seasonal rental policies, and true commute times so you avoid surprises. With Agent Pronto connecting you to a Rapid City expert, both buyers and sellers can navigate this market with less stress and more confidence.

Find your Rapid City real estate agent today →


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“Was very responsive and was happy to break stuff down to make it easier to understand. Very Straight forward, isn't gonna sell you something she herself wouldn't purchase.”

Raydin Blackwell · Vandalia, MI

Photo of Tania Hartline-Montgomery
Cressy & Everett Real Estate
“Having used Tom and Karan's services twice now, I can confidently say they deliver exceptional service at every stage. They were always available whenever I needed them, guided us through each step with ease, and made the whole transaction feel seamless. Best of all, their strategies paid off and got me top dollar on my home sale. A huge thank you for the incredible work—five stars all the way!”

Selena · Midland, MI

Photo of Tom Webb
Dwelling Place Inc
“We had an incredible experience working with Bryant Stuut to both buy and sell our home. Bryant was attentive, honest, incredibly responsive, and always willing to answer our many questions throughout the process. What stood out most was how well Bryant understood exactly what we were looking for. He never made us feel pressured and consistently gave us thoughtful, straightforward advice. When it came time to sell, he recommended several small, practical changes that we feel helped our home sell faster and for a higher price. Buying and selling a home can be very stressful, but Bryant made the entire experience feel manageable and gave us complete confidence along the way. I truly cannot say enough good things about him and would recommend Bryant to anyone looking to buy or sell a home.”

Kyle Centers · Kalamazoo, MI

Photo of Bryant Stuut
Next Realty Group, LLC
“From the showing of the condo, the preapproval of the application the signing of the seller and the buyer all took about six hours. This is excellent for me. I needed a place that my wife and I could live together for the rest of our lives and we will thank you very much, Angie.”

Yves Hamel · Au Gres, MI

Photo of Angie Jones
Century 21 Signature
“In preparing for the sale and facilitating the final sale of a property with several difficulties, Angela Averill and her team were very helpful and exceptionally patient--particularly, her team members, Kylie and Dalanie, who were kind at the closing by listening to my frustrations regarding issues over which they had no control. This property sale helped our organization greatly and wouldn't have worked out as well without this great team of realtors. Thank you for everything!”

Susan Cancro · Lansing, MI

Photo of The Angela Averill Team
Century 21 Affiliated
“Professional, knowledgeable, thoughtful Where do I start, Amy went above and beyond to help me, guided me, supported me, reassured me, and respected my every wish. I am not an easy client to say the least. Amy was my support that I didn't have, being by myself with nobody to bounce concerns and ideas off was difficult for me, and she was just that. I've bought several houses in the past and never once have I used the same realtor until Amy. I worked with a different realtor by the name Lori Periard from Century 21 and she was a nightmare. Amy drove me around, helped me find a house, car, insurances and anything else I needed to make my transition as smooth as possible. I respect Amy, have much admiration for her. I plan to use Amy for my next adventure. I can't thank Amy enough.”

Catherine Bean · Saginaw, MI

Photo of Amy Schnople
Century 21 Affiliated
“Great gal to work with”

David Johnston · Bay City, MI

Photo of Marie Glinski
Century 21 Signature Realty
“Dennis and Michelle were very receptive and available for after hours conference calls and texts.”

Susan Rinehart · Colon, MI

Photo of Dennis Bamber
Cressy & Everett Real Estate
“We watched Kathy sell two homes on our same street, as we had planned to sell our home the following spring. We were impressed by the marketing, attention to detail of the homes during the selling process and overall execution of the sale. Fast forward to the original meeting with Kathy in May of 2026 and that sealed the deal. She is effecient in all aspects of the details, there was essentially no worries. she and her outstanding team walk you through the process in a very easy to navigate process.”

Daniel Kasperek · Farmington Hills, MI

Photo of Kathy Schaumburger
eXp Realty
“Kelly, Thank you so much for all of your help! You made purchasing my first home very easy. I really appreciate how well you explained each step and process I always knew what to expect. Your knowledge on what I needed to look for in homes to fit my FHA loan was so helpful!! Thank so much I really enjoyed working with you”

Ryan Bonfiglio · Lansing, MI

Photo of Kelly Kuczewski
Century 21 Affiliated
“Process was smooth and easy, everything went well would definitely would recommend.”

Marieo Spradley · Van Buren, MI

Photo of Jodi M Rupert
EXP Realty
“Barketa is an excellent realtor! She is knowledgeable regarding the marketing and pricing of homes in our area, is trustworthy and willing to work with us while listening to our needs, and is a lot of fun to be around. Barketa navigated us through negotiations well and always explained each choice including pros and possible cons. We would definitely recommend Barketa to family and friends and really enjoyed going through this process with her! Thank you Barketa!!🩷 You ROCK!!”

Barbara Hayward · Elkhart, IN

Photo of Barketa Kerns
Century 21 Circle
“He's the best agent that I ever dealt with”

Dave Taylor · South Lyon, MI

Photo of Tony Orlando
Jason Mitchell Group
“Natasha's patience, commitment, communication, and drive, to make sure I found a home I would love and feel safe is the biggest attributes. I worked with Natasha to find a house for over a year. during this time, I never once felt like a burden or felt like she was giving up on me at all, she yet made me feel like I still was one of her most important clients and that I was still being prioritized. I am extremely grateful for all of Natasha's hard work and I would recommend her to everyone who is looking to buy a house.”

Kennedy Hodges · Warren, MI

Photo of Natasha Richards
Bellabay Realty Tri-Counties
“Wonderful human, great to work with!!!”

Molly Pound · Bloomfield Hills, MI

Photo of Marty Hill
Keller Williams KW Showcase Realty
“Loved working with Don. He was considerate, knowledgeable of the area and helped me find the perfect home!”

Nikki Cortis · Saline, MI

Photo of The Wurtzel Team
Cornerstone Real Estate
“Tiffanie was very professional, and exceeded my expectations with the quality of work she provided. I would highly recommend.”

Blake Moss · Eastpointe, MI

Photo of Tiffanie Turrentine
EXP Realty
“My experience working with Jeff on the purchase on my new home was nothing less than stellar. Throughout the entire process, Jeff was professional, knowledgeable, and trustworthy. He was not only quick to respond when I had questions, he was proactive, constantly keeping me updated and informed. The guidance and assistance he provided was both valuable and appreciated, and made for a truly seamless experience from starting my home search through closing. I highly recommend Jeff and Epique Realty if you're in the market to purchase or sell a home.”

Steve Sonderman · Grand Blanc, MI

Photo of Modern Living Collective
Epique Realty
“Mark is very straightforward. He knows the ropes and gets right to business. Always very responsive and honest.”

Robert Gray · Chesterfield, MI

Photo of Mark Wasserman
Hearthstone Realty Group
“You led me to Sam Masteller and HE is an angel!”

Marilyn P. · Wyoming, MI

Photo of King Moves GR
Berkshire Hathaway Home Services

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Rapid City. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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