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Summerset real estate Market Report.

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

Latest Rolling 3-Month Snapshot

Apr 1, 2026 - Jun 30, 2026

Median sale price
$428K
+0.2% from Q1 '26
Median list price
$424K
-10% from Q1 '26
Active listings
43
+39% from Q1 '26
Homes sold
18
+157% from Q1 '26
New pendings
21
+31% from Q1 '26
New listings
20
No change from Q1 '26

Quarterly Pricing Trends for Summerset

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

Quarterly Pricing Trends for Summerset Q3 '21 Q3 '22 Q3 '23 Q3 '24 Q3 '25 Q2 '26 Median sale price in Jul 2021 - Sep 2021: $349K Median sale price in Oct 2021 - Dec 2021: $365K Median sale price in Jan 2022 - Mar 2022: $425K Median sale price in Apr 2022 - Jun 2022: $403K Median sale price in Jul 2022 - Sep 2022: $402K Median sale price in Oct 2022 - Dec 2022: $397K Median sale price in Jan 2023 - Mar 2023: $345K Median sale price in Apr 2023 - Jun 2023: $430K Median sale price in Jul 2023 - Sep 2023: $415K Median sale price in Oct 2023 - Dec 2023: $463K Median sale price in Jan 2024 - Mar 2024: $472K Median sale price in Apr 2024 - Jun 2024: $420K Median sale price in Jul 2024 - Sep 2024: $400K Median sale price in Oct 2024 - Dec 2024: $490K Median sale price in Jan 2025 - Mar 2025: $458K Median sale price in Apr 2025 - Jun 2025: $458K Median sale price in Jul 2025 - Sep 2025: $430K Median sale price in Oct 2025 - Dec 2025: $420K Median sale price in Jan 2026 - Mar 2026: $427K Median sale price in Apr 2026 - Jun 2026: $428K Median list price in Jul 2021 - Sep 2021: $329K Median list price in Oct 2021 - Dec 2021: $408K Median list price in Jan 2022 - Mar 2022: $400K Median list price in Apr 2022 - Jun 2022: $400K Median list price in Jul 2022 - Sep 2022: $398K Median list price in Oct 2022 - Dec 2022: $380K Median list price in Jan 2023 - Mar 2023: $450K Median list price in Apr 2023 - Jun 2023: $432K Median list price in Jul 2023 - Sep 2023: $447K Median list price in Oct 2023 - Dec 2023: $477K Median list price in Jan 2024 - Mar 2024: $417K Median list price in Apr 2024 - Jun 2024: $454K Median list price in Jul 2024 - Sep 2024: $487K Median list price in Oct 2024 - Dec 2024: $440K Median list price in Jan 2025 - Mar 2025: $465K Median list price in Apr 2025 - Jun 2025: $432K Median list price in Jul 2025 - Sep 2025: $460K Median list price in Oct 2025 - Dec 2025: $427K Median list price in Jan 2026 - Mar 2026: $473K Median list price in Apr 2026 - Jun 2026: $424K Jul 2021 - Sep 2021 Median sale price $349K Median list price $329K Oct 2021 - Dec 2021 Median sale price $365K Median list price $408K Jan 2022 - Mar 2022 Median sale price $425K Median list price $400K Apr 2022 - Jun 2022 Median sale price $403K Median list price $400K Jul 2022 - Sep 2022 Median sale price $402K Median list price $398K Oct 2022 - Dec 2022 Median sale price $397K Median list price $380K Jan 2023 - Mar 2023 Median sale price $345K Median list price $450K Apr 2023 - Jun 2023 Median sale price $430K Median list price $432K Jul 2023 - Sep 2023 Median sale price $415K Median list price $447K Oct 2023 - Dec 2023 Median sale price $463K Median list price $477K Jan 2024 - Mar 2024 Median sale price $472K Median list price $417K Apr 2024 - Jun 2024 Median sale price $420K Median list price $454K Jul 2024 - Sep 2024 Median sale price $400K Median list price $487K Oct 2024 - Dec 2024 Median sale price $490K Median list price $440K Jan 2025 - Mar 2025 Median sale price $458K Median list price $465K Apr 2025 - Jun 2025 Median sale price $458K Median list price $432K Jul 2025 - Sep 2025 Median sale price $430K Median list price $460K Oct 2025 - Dec 2025 Median sale price $420K Median list price $427K Jan 2026 - Mar 2026 Median sale price $427K Median list price $473K Apr 2026 - Jun 2026 Median sale price $428K Median list price $424K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
20
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).

Summerset is currently tilted toward sellers, with the market gauge reading in seller’s territory despite several cooling signals. A typical home value over the latest rolling three-month period is about $428,000, down roughly 6% from a year ago, and the median list price is also a bit lower year over year.

Looking more closely at supply and demand, inventory has grown while buyer activity has shifted. Active listings are up more than 14% compared with a year ago, and months of supply has more than doubled over that span to about 3.9 months, suggesting more options for buyers than in prior years.

Conditions around speed and pricing show a slower, more deliberate market than before. Homes now sit a median of 93 days on the market, far longer than a year ago, and only about 6% of sales close above list price, with an average sale-to-list ratio just under 99%. In this environment, both buyers and sellers can benefit from a skilled local expert, and Agent Pronto can connect them with the right Summerset agent to navigate these shifting trends.



Learn more about what Summerset has to offer.

Summerset offers residents a tight-knit, family-friendly community with easy access to outdoor recreation, strong schools, welcoming locally owned businesses, and a peaceful, small-town atmosphere.

Summerset offers small city convenience with quick access to both Rapid City and the scenic Black Hills, making it appealing to commuters and outdoor enthusiasts alike. Located along the I‑90 corridor, it provides practical connectivity while maintaining a quieter residential feel and a growing local infrastructure.

Families appreciate community-oriented schools in the Meade School District and nearby recreation at Summerset City Park and the Summerset Bike Path. Daily errands are straightforward, with shopping and services a short drive away in Rapid City, while places like Sturgis and Box Elder expand job and entertainment options.

Residents enjoy easy weekend outings to Bear Butte State Park and the wider Black Hills National Forest for hiking, camping, and fishing. Local services, from health care in Pennington County to shopping hubs in Rapid Valley, support a practical, livable lifestyle without sacrificing access to nature or city amenities.

Whether you are moving into your first home in Summerset or selling to move closer to downtown Rapid City, a knowledgeable local agent can streamline each step. Agent Pronto connects buyers and sellers with experienced Summerset professionals who understand the area’s neighborhoods, commute patterns, and market trends, helping reduce stress and uncertainty throughout the transaction.

Find your Summerset 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.

“We had an excellent experience working with Bill Lumpp during the sale of our home. From the initial consultation through closing, he was knowledgeable, professional, and always available to answer our questions. His guidance on pricing, staging, and marketing helped attract strong interest, and he kept us informed every step of the way. His communication and attention to detail gave us confidence throughout the sale. We are grateful for all of his hard work and dedication, and we highly recommend Pink Flamingo Realty to anyone looking to buy or sell a home. Thank you Bill for helping us achieve such a successful sale!”

Tom and Susan Barkalow · Nashville, NC

Photo of Bill Lumpp
Pink Flamingo Realty LLC
“Amy was excellent to work with very accessible. And very helpful. I would definitely use her again”

Darin Frueh · Harvey, ND

Photo of Amy Hullet
Century 21 Morrison
“This young lady had the experience that we needed to get the job done. This was the second time we used Erin Evans and as before very pleased with her performance as our realtor. Yes we would use her agian if needed. Thank you, Erin.”

Gary Miller · Mililani, HI

Photo of Erin Evans
Century 21 Island Homes
“Nydia is a professional in every sense of the word. From the moment we had our first meeting, we realized she was the right person to handle the rental process. She explained her marketing plan and the various tools she had available to successfully rent out the apartment. We are very satisfied with her work, service and fast process.”

Wilfredo Velez · Winter Park, FL

Photo of Nydia  Marrero
Zen Living Realty
“Laurie is the best agent you could ask for. She went above and beyond for us. She will fight for you and makes sure things are correct. Laurie will hold your hand and walk you through every step of the process making it as easy as she can on you. This is my 2nd time I have used her and I would do it again.”

Jennifer Gransden · Boiling Springs, SC

Photo of Laurie Grekousis
LPT Realty, LLC
“Matt made the entire process of selling my house easy and stress-free. He was professional, honest, and always available to answer my questions. His knowledge of the market and attention to detail helped everything go smoothly. I couldn’t have asked for a better realtor, and I’d highly recommend Matt to anyone looking to buy or sell a home.”

Grant Muller · Waterloo, IA

Photo of Team Wikert
RE/MAX Concepts
“Working with Beckie Davis was an amazing experience! As first-time homebuyers, we had so many questions, and she was patient, knowledgeable, and always there when we needed her. She made the entire process so much less stressful and truly went above and beyond for us. You can tell she genuinely cares about her clients and will fight for what’s best for them. We couldn’t have asked for a better realtor, and we’re so grateful she helped us find our first home. We highly recommend Beckie to anyone looking to buy or sell a home!”

Summer and Bart Zajac · Fenton, MO

Photo of Beckie Davis
Gateway Real Estate
“I love working on Elise's team as a realtor. Her advice, knowledge, and guidance are amazing and have helped me tremendously as a new agent. She is the most caring and helpful person with a great heart for helping others.”

Mike Israel · AR

Photo of Elise Petro
Move Realty
“He provides outstanding service!”

Kelly Jenkins · Smyrna, GA

Photo of David McGee
Century 21 Connect Realty
“Damian was awesome. He answered every phone call. I told him the date I wanted to move and he did everything he needed to do to make sure I was in before that day. Thank you again Damian G!”

Shavell · FL

“Alec was extremely helpful, professional, and caring. Thank you!!”

Jacek Soroka · Good Thunder, MN

Photo of Candee Deichman
Century 21 Atwood
“This is my second transaction with Charles, buying an investment property Charles and Lynn are amazing. I recommend them to everyone.”

Johnny Bello · Clermont, FL

Photo of Charles Thomasson
Century 21 Professional Group
“Dayleen meet and exceeded my expectation for selling my home which had been previously listed for a long period of time with other broker. In particular, I thought her marketing pictures write up of property and presentation were very good. I would definitely use her services again if in need or recommend to others I know.”

Parry Tramp · Fort Morgan, CO

Photo of Dayleen Mitchell
Century 21 Cornetsone
“Camille Simms was excellent, Camille had great communication with both my wife and I throughout the entire sales process. Highly recommended.”

Christian Hintz · Forked River, NJ

Photo of Camille Simms
RE/MAX At Barnegat Bay
“Lolli is wonderful. Worked with her twice now, and would do so again. She is communcative, knowledgable, kind and hard working. I trusted her to handle almost all aspects of selling my house, as I was living across the country at the time. She organized cleanup, repairs, staging, photos and everything else. Even picked up a package I had accidently sent to the house. Thank you for everything Lolli!”

Langdon Froker · Sebastopol, CA

Photo of Lolli Evenich
Century 21 Epic
“Angie Carter was great since day one. She explained everything in detailed and helped step by step throughout the whole process. Her professionalism and experience were key to be able to find the right house and complete the whole process.”

Daniel Villegas · Elizabethtown, KY

Photo of Angie  Carter
eXp Realty
“If you're buying or selling in Delaware Kazy is the man to turn to. Extremely knowledgeable and highly professional. He set expectations high and exceeded them repeatedly. Highly recommend him to anyone dealing with real estate buying or selling.”

Mathew Zollars · Newark, DE

Photo of Kazy Tauginas
Century 21 Gold Key Realty
“Jeannie ricke-Finley is personable, knowledgeable, professional and has become a good friend. She knows the area and found us the perfect home.”

Deb Albico · Wickenburg, AZ

Photo of Jeannie Ricke-Finley
Century 21 Arizona West
“Great attention to details, knowledge of the transaction was impressive, communication and willingness to make it a great experience.”

Casey Wood · Carthage, TX

Photo of Katelyn Roan
Century 21 A Select Group
“Very satisfied customer here. Would highly recommend using Andrew to everyone. He is professional, honest and gets back to you immediately. Did I mention patient? Very patient!”

Marge Forberg · Orland Park, IL

Photo of McCatty Real Estate
Century 21 Circle

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 Summerset. 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.