Updated May 2026 · Redfin · 3-month window
57701 Real Estate Market Update: Rapid City, SD, May 2026
The latest housing-market numbers for ZIP code 57701 in Rapid City, South Dakota, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $322K | ▲ +7.8% | ▲ +6.6% |
| Days on market | 68 | ▼ -9.3% | ▲ +6.3% |
| Homes for sale | 183 | ▼ -8.5% | ▼ -5.2% |
| Sale-to-list | 97.6% | ▲ +0.4% | ▼ -0.7% |
| Homes sold | 168 | ▲ +19.1% | ▲ +23.5% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 57701 numbers say
Prices in Rapid City's 57701 ZIP are still climbing. The median sale price reached $322,450, up 6.6% year over year. The market has loosened: a typical listing now takes around 68 days to go under contract, with sellers getting 97.6% of list price.
Based on 168 recent sales, 57701 is currently an active market.
What this means if you sell in 57701
Use these figures to set expectations early. Lead a listing appointment with the median price and the 68-day pace, show the year-over-year direction, and frame 57701 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Rapid City post →Frequently asked: the 57701 housing market
- What is the median home price in ZIP 57701 (Rapid City, SD)?
- As of May 2026, the median sale price in ZIP 57701 is $322,450 (+6.6% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 57701 a buyer's or seller's market right now?
- ZIP 57701 is currently an active market, based on a 97.6% sale-to-list ratio, about 68 days on market for May 2026.
- How long do homes take to sell in ZIP 57701?
- A typical listing in 57701 goes under contract in about 68 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 57701 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.