Updated May 2026Redfin3-month window
57703 Real Estate Market Update: Rapid City, SD, May 2026
The latest housing-market numbers for ZIP code 57703 in Rapid City, South Dakota, for May 2026: a $370K median sale price, straight from Redfin Data Center. ZIP-level figures are a rolling three-month window (last public Redfin release).
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $370K | ▲ +0.7% | ▲ +1.2% |
| Days on market | 72 | ▼ -29.1% | ▼ -14.3% |
| Homes for sale | 138 | ▼ -6.8% | ▼ -6.8% |
| Sale-to-list | 99.4% | ▲ +0.2% | ▼ -0.1% |
| Homes sold | 112 | ▲ +27.3% | ▲ +7.7% |
Figures from Redfin Data Center (a rolling three-month window (last public Redfin release)). Verify against your MLS before posting. Not a valuation for a specific home.
What the 57703 numbers say
Prices in Rapid City's 57703 ZIP are still climbing. The median sale price reached $370,000, up 1.2% year over year. The market has loosened: a typical listing now takes around 72 days to go under contract, with sellers getting 99.4% of list price.
With 138 homes for sale, 57703 is currently an active market.
What this means if you sell in 57703
Use these figures to set expectations early with each client. Lead a listing appointment with the $370K median price and the 72-day pace, show the year-over-year direction, and frame 57703 as an active market. A buyer or seller client trusts an agent who knows their exact ZIP, not just the metro average.
How we track the 57703 market
We built LOKAL to pull 57703's numbers straight from Redfin Data Center, so an agent and a client read from the same source. For May 2026 we recorded a $370K median sale price, +1.2% year over year, a 99.4% sale-to-list ratio and a +0.7% month-over-month move across 112 recorded sales. That compares with roughly $366K a year earlier, in 2025. This ZIP is served from the last public Redfin release (frozen since June 2026) and only appears because it cleared at least 20 recorded sales for the period, so the median stays reliable instead of noisy. Both sources have published ZIP-level series for years, which is what lets us show month-over-month and year-over-year change here in 2026. LOKAL is independent and not affiliated with Redfin; always verify against your MLS before you publish.
ZIP-code areas follow U.S. Postal Service boundaries; for complementary demographics on 57703 (population, median household income, owner-occupancy), see the U.S. Census Bureau profile for this ZIP Code Tabulation Area. LOKAL covers price and pace; the Census covers who lives there.
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Build the 57703 post →Frequently asked: the 57703 housing market
- What is the median home price in ZIP 57703 (Rapid City, SD)?
- As of May 2026, the median sale price in ZIP 57703 is $370,000 (+1.2% year over year), per Redfin Data Center. Figures are a rolling three-month window (last public Redfin release) for this ZIP code.
- Is ZIP 57703 a buyer's or seller's market right now?
- ZIP 57703 is currently an active market, based on a 99.4% sale-to-list ratio, about 72 days on market for May 2026.
- How long do homes take to sell in ZIP 57703?
- A typical listing in 57703 goes under contract in about 72 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 57703 market data come from?
- All figures for 57703 come from Redfin Data Center: a rolling three-month window (last public Redfin release). LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data from Redfin Data Center (ZIP-level market data, a rolling three-month window (last public Redfin release)), not a valuation for a specific home.