Property Makler
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Dubai, UAE US

   

Dubai   US   Market Research  

Rapid City, SD housing market

Housing market indicators

Indicator 2022202320242025* Change202220232024YTD
Median Listing Price per Square Feet $221 $236 $250 $242 -1.3% 6.8% 5.9% -3.2%
Active Listing Count 275 383 464 720 105.2% 39.3% 21.1% 55.2%
Median Days on Market 65 65 74 64 8.3% 0% 13.8% -13.5%
Share of listings with price increase 0.8% 0.4% 0.3% 0.4%
Share of listings with price decrease 8.7% 12% 13.5% 15.3%

* last available value

Home prices

Short term housing supply drivers

Long term housing demand drivers

Long term housing supply drivers




Note: 12M MA - 12 months moving average, Permits - New Private Housing Structures Authorized by Building Permits. Source: FRED


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