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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

May 1, 2026 - Jul 31, 2026

Median sale price
$450K
+5.1% from Q2 '26
Median list price
$426K
-0.4% from Q2 '26
Active listings
40
-7% from Q2 '26
Homes sold
16
-11% from Q2 '26
New pendings
23
+15% from Q2 '26
New listings
21
+5% from Q2 '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: $429K 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: $428K 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 $429K Median list price $428K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
17
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 (May 2026 - Jul 2026).

Summerset currently leans toward sellers, with the market gauge indicating a seller’s market even as conditions have cooled. A rolling three-month view shows typical home values up slightly year over year, while the median list price has edged down, hinting that sellers are adjusting expectations to meet buyers.

Looking at activity, the number of homes sold in this period is down sharply from a year ago, yet pending sales are up strongly, suggesting more buyers are committing even if closings lag. Inventory has grown less tight, with months of supply rising significantly compared with last year and active listings also trending lower than a year ago, which together point to more balance between supply and demand.

On the pace side, homes are taking much longer to sell than a year ago, with median days on market more than tripling in this rolling three-month comparison. At the same time, the average sale-to-list ratio is near 100% and the share of homes selling above list has inched higher, showing that well-priced properties still attract solid offers. Buyers and sellers who want to navigate these mixed signals in Summerset can turn to Agent Pronto to connect with a local real estate agent who understands the current dynamics.



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 →


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

“Very professional and knowledgeable realtor. Excellent communication, honest advice, and great service. He was helpful, friendly, and always made sure everything was explained clearly. Highly recommended!””

Yousuf Chowdhury · Scarborough, ON

Photo of Sivage Sivagumaran
RE/MAX Crossroads Realty Inc.
“In my over thirty years dealing with real estate, this was the most challenging sale I have had to deal with. I am thankfull I had Thomas Noelke there, on my side, to help weather the storm. I think a less experienced realtor would have quit and ran. Thomas stood his ground until it was finally over.”

Chris Roda · Maitland, FL

Photo of Tom Noelke
eXp Realty
“kurt was fantasic in showing me this house, he was very help,kept me informed and negotiated the price down. kurt is a wonderful realitor, I appreciate the help he provided me.”

Melodie Vowell · Nashville, GA

Photo of Kurt Harbaugh
CENTURY 21 Realty Advisors
“I cannot say enough wonderful things about Kelly, both as a realtor and as a dear friend. She helped sell our home during one of the most difficult and emotional life seasons, and I am incredibly grateful for the compassion, professionalism, integrity, and grace she showed throughout the entire process. Kelly is truly stellar at what she does. She knows the market, understands current trends, and knows how to strategically position a home to create interest and negotiating power. She communicated openly and consistently and navigated a sensitive situation with such care and professionalism. What makes Kelly so special is the genuine heart she brings to her work. She combines incredible knowledge and expertise with kindness, patience, and compassion. Having someone I trusted so deeply beside me during such a significant life transition meant more than I can say. I wholeheartedly recommend Kelly. She truly goes above and beyond, and I am so grateful for her!”

Tiffany Drake · Windsor, CO

Photo of Kelly Renz
Grey Rock Realty
“Renee is a true professional! She helped us through the complicated process of selling our home while we were out of state. She was always available in a timely manner to answer all our questions and concerns, even through our separate time zones. She was also always helpful in finding us any connections we needed from landscapers, home cleaning, and HVAC services. We 1000% would recommend her to anyone who needs help buying or selling a home.”

Jenny DeVaughn · Zion, IL

Photo of Renee OBrien Group
Keller Williams North Shore West
“Despite the property being a unique one, Kathy went above and beyond to market and make it visible to as many eyes and other realtors as possible. Even though it took a little longer than planned, everything worked out great and we got it sold!”

Bruce Leonard · Tolar, TX

Photo of Kathy Cheek
Century 21 Judge Fite Company
“Brandi Oakes was terrific to work with. She was thorough and went above and beyond in communication. Our experience in buying a house with her our as agent was wonderful. We are looking forward in continuing to work with her on the sale of our current house. If and when we ever decide to move again we will definitely be contacting her. We would highly recommend Brandi Oakes as an agent because she genuinely cares and makes the whole process easy.”

Dave & Cindy · Greenwood, IN

Photo of Brandi Oakes
CENTURY 21
“I highly recommend Jennifer. We first met her when we bought our house in Colorado. We also sold our house with her. Without going into detail she did alot more than anyone should of had to do. We have remained friends and will always will be. Even without living in the same state she is always here for us.”

Jenn Tecce · Calhan, CO

Photo of Jennifer Danley
HomeSmart Preferred Realty
“Bobby Stephens was everything we could have asked for in a realtor. He was extremely knowledgeable, detail-oriented, and, most importantly, provided great advice on the "worth-it" factor of homes we looked at. We never fel pressured to buy something we didn't love, and Bobby always gave unbiased opinions. Thanks!”

Pablo Guzman-Gomez · Cincinnati, OH

Photo of Bobby Stephens
Comey & Shepherd, Realtors
“Stevie was so incredibly patient and helpful in our home search and beyond. Couldn't recommend her enough.”

Abigail · South Saint Paul, MN

Photo of Stephanie Wimber
RE/MAX Advantage Plus
“Ed was extremely helpful, courteous, and communicative throughout the entire process. He consistently kept me informed and made sure I was up to date every step of the way. I highly recommend Ed for his professionalism, promptness, and attentiveness. He was always responsive to my specific needs and went above and beyond to ensure everything was handled smoothly. His excellent customer service and dedication were truly appreciated.”

Ricardo Rivera · Wilmington, DE

Photo of Ed Cole
Springer Realty Group
“Jordan was right there the whole way. It was a long journey for our family. We had to wait to sell the house for various reasons, but Jordan was with us as we prepared. I always felt like she knew our unique situation, while also being in tune with the market in the area and the larger real estate trends and issues. Her being there with answers to questions and great connections for people to address issues that came up helped us more than I can find words for. Besides being personally connected, she was also honest and forthright with reality all along the way. It was refreshing and reassuring. I would highly recommend Jordan for anyone looking to have a positive experience selling a home.”

Craig · Lake Oswego, OR

Photo of Jordan McAllister
MORE REALTY
“Always a pleasure to work with Jacki, we have done several deals in the past and look forward to working with her in future...”

Kenny Carter · Milton, WV

Photo of Jacki Frazier
Century 21 Homes & Land
“Peter went above and beyond our expectations. He was responsive, informational, generous, and thoughtful. We feel very lucky to have had such a positive experience purchasing a cottage property. Can't recommend using a Peter's services more!”

Adam Byers · Muskoka, ON

Photo of Peter Tatar
North 2 South Realty Brokerage Inc.
“Great experience found and closed on the right home. Easy to do business with. Went out of her way to show homes.”

Glen Hopp · Plymouth, IN

Photo of Patty Miller
Century 21 Circle
“I'm so grateful and thankful for Diana Thomas and her value not only as a real estate representative of Century 21, but as a personal friend. She could not have been more helpful or informative, addressing every concern and things that I didn't know I needed to know. She took care of me and it was just a wonderful experience!!!! 1-10 excellent rating -- 100”

Kathy McCormick · Benton, AR

Photo of Diana Thomas
Century 21 Parker & Scroggins Realty
“Shelley is the absolute best realtor. Kind, caring and known every way.”

Lisa · Washington, IN

JB
Century 21 Classic Realty
“Awesome with a capital A. She goes above and beyond.”

Jay Jones · Elizabethtown, KY

Photo of Angie Carter
eXp Realty
“Had a great experience working with Nael. He was incredibly helpful throughout the whole process, from finding the right place to negotiating and guiding me through everything along the way. He was always responsive, knowledgeable, and on top of things whenever I needed something. Really appreciated all his help and would definitely recommend him.”

Muhammad Ibrahim · Hartsdale, NY

Photo of Nael Dassan
CENTURY 21 Elite Realty
“As a first time homebuyer, Joy made the process for us extremely smooth and easy. She was easy to communicate with, always a phone call or text away. I would recommend her any day! Joy is the best hands down! It was truly a blessing working with her throughout the entire process.”

Robert and Trista Chambers · Fort Deposit, AL

JG
Brik Realty Hoover

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.