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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 June 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

Mar 1, 2026 - May 31, 2026

Median sale price
$210K
+45% from Q1 '26
Median list price
$455K
+19% from Q1 '26
Active listings
14
+27% from Q1 '26
Homes sold
6
+50% from Q1 '26
New pendings
4
-20% from Q1 '26
New listings
8
+100% 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 Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Median sale price in Apr 2021 - Jun 2021: $228K Median sale price in Jul 2021 - Sep 2021: $600K 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: $445K Median sale price in Oct 2022 - Dec 2022: $190K 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: $341K 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 list price in Apr 2021 - Jun 2021: $435K 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: $199K 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: $255K Median list price in Oct 2023 - Dec 2023: $299K 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: $344K Median list price in Oct 2025 - Dec 2025: $152K Median list price in Jan 2026 - Mar 2026: $381K Apr 2021 - Jun 2021 Median sale price $228K Median list price $435K Jul 2021 - Sep 2021 Median sale price $600K 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 $445K Median list price $199K Oct 2022 - Dec 2022 Median sale price $190K 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 $255K Oct 2023 - Dec 2023 Median sale price $341K Median list price $299K 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 $344K Oct 2025 - Dec 2025 Median sale price $273K Median list price $152K Jan 2026 - Mar 2026 Median sale price $145K Median list price $381K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
35
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 (Mar 2026 - May 2026).

Rapid City’s rolling three-month data through May 2026 shows notable year-over-year shifts in both prices and activity. Typical home values are down compared with a year ago, while the share of homes selling above list has fallen to zero, signaling less intense bidding.

Looking at the latest period, the typical home value sits around $209,874, with a median list price of about $455,102. Homes are spending a median of 59 days on the market, and the average sale-to-list price ratio of roughly 96.8% indicates that buyers often negotiate below asking.

Inventory conditions have changed as well, with about 4.8 months of supply and 14 active listings, reflecting a market gauge that still leans toward sellers. Whether you are a buyer navigating these evolving conditions or a seller aiming to price strategically, Agent Pronto can connect you with a local Rapid City agent who understands this market and can guide your 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 →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“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
“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
“Mrs Jodi Rupert service was exceptional!! She was truly on top of everything, she understood the assignment!!! She is the best realtor ever! She's the G.O.A.T! (Hands down, praises up 🙏🏽) Thank you for your time and service. Truly, The Bentley”

Timothy Bentley · Detroit, MI

Photo of Jodi  M Rupert
EXP Realty
“Angie is amazing! In a very short time I came to trust her, which is not always easy with someone trying to sell you something. There was never a time where I felt she wasn't looking out for our best interests. She is fair, honest, and quick to respond to all of our questions. She has become the 'family realtor!' Thanks, Angie!”

Dolores Hazel · National City, MI

Photo of Angie Jones
Century 21 Signature
“I worked with his team member Michelle Owens for the second time. I highly recommend her, she is knowledgeable, friendly and professional!”

Joy Shreve · St Joseph, MI

Photo of Dennis Bamber
Cressy & Everett Real Estate
“Thank you Marie for all you did to help with the purchase!”

Ann · Midland, MI

Photo of Marie Glinski
Century 21 Signature Realty
“Every aspect of THIS transaction was outstanding. She is on the ball as well as anyone I dealt with from her team. She was direct, no BS and honest. I appreciate those traits enormously. I will use her again in the future. I wish she worked in other states! Lol! I would highly, highly recommend her to anyone interested in buying a home.”

Mary N · Haslett, MI

Photo of The Angela Averill Team
Century 21 Affiliated
“Wonderful human, great to work with!!!”

Molly Pound · Bloomfield Hills, MI

Photo of Marty Hill
Keller Williams KW Showcase Realty
“Kelly was great to work with. She was available at all times. Checked in with bank and myself when needed. Going through buying our first home Kelly articulated the process simply and prepared us for next steps along the way. I would recommend her to anyone looking for someone buy or sell their home. 10/10 expereince.”

Billy Sammons · Lansing, MI

Photo of Kelly Kuczewski
Century 21 Affiliated
“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
“Katherine Schaumburger and her team performed with very effeciently and professionally after I listed our home with them> My circumstance was unique in that I moved out of state shortly after I signed on to have the Schaumburger Team handle the selling of our home. Everything was handled long distance and with my well being in mind! The end resulted in the successful selling of our home and receiving a far better end result than I had anticipated! I would whole heartedly recommend the Schaumburger organizion for any Real Estate transaction! Sincerely. Dan Hallgren”

Dan Hallgren · Farmington Hills, MI

Photo of Kathy Schaumburger
eXp Realty
“Amy Schnople was almost a part of the family! She was willing to do anything for us, and made sure we knew she was 100% serious. Highly recommended.”

Eric King · Bay City, MI

Photo of Amy Schnople
Century 21 Affiliated
“Tania's understanding and Knowledge in the area were crucial, considering I'm not from the state; she was spot on and knowledgeable in every aspect. And my wife gained a new friend and broker, who I highly recommend.”

Maurice Demus · Allegan, MI

Photo of Tania Hartline-Montgomery
Cressy & Everett Real Estate
“Everything was positiive about dealing with Tom. The one negative is his recommendation of "George" for minor remedial work. George is quite unprofessional and unable to provide the services that are needed.”

Tom Koning · Midland, MI

Photo of Tom Webb
Dwelling Place Inc
“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
“Jeremy helped me with multiple purchases. He is passionate about real estate and knows the market inside and out. Since he has construction experience, I felt completely comfortable with him guiding me in what to ignore and what to pay close attention to when reviewing home inspections. He's honest, reliable and truly cares about his clients. I can't be more thankful for crossing paths with Jeremy, and I highly recommend him to anyone who might be selling or purchasing a home in the future.”

Andrée . · Saline, MI

Photo of Jeremy Rhodes
Cornerstone Real Estate
“Allison is extremely professional and knowledgeable. She is quick to respond to messages and communication was excellent! I would highly recommend her.”

Kimberly · Cedar Springs, MI

Photo of Allison Olsen
Rockgate Real Estate
“The tour was easy to use and we were super satisfied with Renee.”

David N. · Sterling Heights, MI

Photo of Renee Orlewicz
Cedarwood Realty

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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