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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

Jul 1, 2026 - Sep 30, 2026

Median sale price
$424K
-1% from Q2 '26
Median list price
$421K
-1.6% from Q2 '26
Active listings
39
-9.3% from Q2 '26
Homes sold
24
+33% from Q2 '26
New pendings
29
+45% from Q2 '26
New listings
15
-25% from Q2 '26

Quarterly Pricing Trends for Summerset

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

Quarterly Pricing Trends for Summerset Q4 '21 Q4 '22 Q4 '23 Q4 '24 Q4 '25 Q3 '26 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 sale price in Jul 2026 - Sep 2026: $424K 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 Median list price in Jul 2026 - Sep 2026: $421K 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 Jul 2026 - Sep 2026 Median sale price $424K Median list price $421K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
13
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 (Jul 2026 - Sep 2026).

Summerset currently leans toward sellers, with the market gauge indicating a seller's market. With only about 1.7 months of supply available in this rolling three-month view and a typical home value around $424,000, inventory is relatively tight compared with buyer activity.

Viewed over the latest three months through September 2026, prices have softened slightly while activity has picked up. Typical home values are down a bit year over year and the median list price has declined more notably, yet homes sold and pending sales both rose more than 35 percent compared with a year earlier.

Inventory and speed tell the rest of the story in Summerset. Active listings are up slightly from last year even as new listings have fallen by nearly a quarter, and homes now spend a bit longer on the market than they did a year ago, at a median of 78 days in this rolling period. A growing share of sales closing above list price and an average sale-to-list ratio just under 100 percent highlight that well-priced homes still draw strong interest, and Agent Pronto can connect both buyers and sellers with an agent who understands these 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 →


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 have worked with Mallori before and wouldnt have it any other way. She is amazing at her job and goes above and beyond for her clients. Looking forward to working with her again in the future!”

Isabella Bradstreet · Sioux City, IA

Photo of Hoffert Homes Group
Century 21 ProLink
“I would recommend Jess Jager to anyone looking to sell a house. She was an excellent communicator from day one. She listened to our initial needs, and our feedback along the way, and always had our best interest in mind. Jess was amazing to work with.”

Mindy Dunne · Kingsley, IA

Photo of Jess Jager
Century 21 ProLink
“Greg was so awesome! He guided me through buying my first my first home. He answered any and all questions I had and helped me through every step of the way!”

Emily Johnson ·

Photo of Greg Doohen Realty Group
Keller Williams of Sioux Falls
“Deena was great to work with while looking for a house. Fast to respond, willing to find houses in my price range and criteria, and helpful with any questions I had during the process.”

Tyler Story ·

Photo of Amy Stockberger
Amy Stockberger Real Estate
“I worked with Amy several years ago on the sale of my home and purchase of a new home and she was fantastic. We were so impressed with her that when my father passed away and my mother was looking to downsize, there was no question that we would return to Amy for assistance. She was incredibly kind and supportive during a difficult time. We fully trusted her knowledge and ideas. We quickly found the perfect place and Amy was instrumental in helping us get a great deal. In addition she was able to get my mother’s home sold within 1 day. She is kind, wonderful to work with, made things fun, and is generally concerned about the welfare of her clients. We would recommend her to anyone. We love Amy!!”

lisaaymar12 ·

Photo of Tara Allen
Keller Williams Sioux Falls
“We couldn't have asked for a better experience. . Roy helped us with both selling and purchasing a home, which is stressful regardless of circumstances. He is professional and represents his clients well. He is quick to respond to questions and helps troubleshoot issues or "to do" items. He provides realistic and honest market knowledge. Very highly recommend.”

ck617613 ·

Photo of Henry Ulrich
Ascend Realty Inc
“Ryan is exactly what we needed as a realtor. He’s was excellent in helping make the process of buying a house a wonderful experience. I would recommend Ryan to anyone.”

wlevi4508 ·

Photo of Chelsea Link Real Estate
Berkshire Hathaway Midwest Realty
“Casey and Jon did an amazing job! With their help, I received an offer in less than 1 week of listing! They were extremely knowledgeable and kept the process moving smoothly clear through the final day of selling!”

computercowboy1982 ·

Photo of Casey Hatch
Keller Williams Realty Sioux Falls
“Jessica was amazing to work with, she went above and beyond to get us into the house that we purchased. She is honest and straightforward and that was very important to us when purchasing a home. Would highly recommended Jessica to anyone looking to buy a home.”

Russ Skovlund ·

Photo of Jessica Bergman
Keller Williams Sioux Falls
“Amy was absolutely awesome to work with! Her responsiveness and unbiased knowledge and opinions were exactly what we needed when we needed it! She was great with negotiations and truly helped us all the way through the closing! I would recommend her to anyone who is looking to purchase or sell a home! Amy thanks for helping us with our first home and getting us into our dream home!”

Shaundonelan47 ·

Photo of Amy Hix
Hegg Realtors
“Words can't describe how grateful we are to Julie and her team. She had so many resources to help us out as first time home buyers. She really listens to our needs and wants and she's super patient, didn't rush us at all. She was very thorough throughout our home buying process, everything went so smoothly. Would definitely recommend Julie and her team, especially to first time home buyers!”

ella guppie292 ·

Photo of Julie Roth Real Estate
Real Broker LLC
“We met Toni at a showing and got a great vibe from her. She was patient and worked to understand what we were looking for in a home. She brought certain homes to our attention that had the key points we mentioned. It was relieving having someone on our team during this stressful process. She would jump to show or talk about things at ANY time. She is definitely a go-to person. Very reliable.”

PamelaPowers5 ·

Photo of Delfs Real Estate Group
Keller Williams Siouxland & Okoboji
“We’ve bought and sold lots of property in many states; but Larry has to be one of the best RE agents with which we have worked. Very motivated, non-pressuring, and looking out for our best interests. We really appreciated his honesty and attention to detail.”

talkiw ·

Photo of Luetke Team Real Estate
Keller Williams Realty Sioux Falls
“I cannot say enough good things about John! My significant other and I met John about a year and a half before we had any plans of selling our two properties with the plan of eventually buying a house together. John came over did a market analysis of my significant others home and gave us some pointers on where to put our money to improve minor issue, at the time we were not selling and John went above and beyond to help us with potentially nothing to gain. Once we were finally ready to put the home on the market we did not hesitate to use John. He was kind and very knowledgeable about the market, every step of the way John rocked it! He sold our property within record time and cared about us as human beings. 6 months later we started looking occasionally at houses coming on the market, we were doing minor repairs on our second house to get it ready to eventually list. At this time “we were not looking to buy” (let’s be honest we were but didn’t know it ourselves?) my significant other and I had multiple different ideas on the perfect house making it very difficult to pin point what we would actually buy. We would find a property we were interested in and at a moment’s notice John would get us in. John could of put pressure on us multiple times to buy houses that were not right for us but John didn’t, he cared about us and wanted us to buy the house that fit our direct needs and long term goals. John didn’t want us to settle for something and regret it later, John must have walked us through a ton of houses and did so with a smile on his face, when it came time to buy John was on it and we got our dream home. After buying we still had our second property to list and sell John again was great he got it on the market in record time seeing as we were really not fully prepared to list it and it sold within 24hours of hitting the market after the fact we started doing renovations on our new home (it had an unfinished basement) John was very interested in our progress and offered to come out and do an analysis once our unfinished level was completed so we could see the benefits of the remodel we were doing, we were again impressed with John, he cares about us and is excited about what we are doing in our home. Thank you so much John for everything you do you have earned a customer for life with us!”

botermanbreanna ·

Photo of John Maurer
Vylla Home
“She is trustworthy. She's not just trying to sell a house to make money. She cares about each client that she deals with to find just the right house for the right people. She's very patient.”

Tina Steppan ·

Photo of Di Dahl
Keller Williams Realty Sioux Falls

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.