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Are buyers active in Rapid City?
P
Primpted Housing Analyst
Updated monthly · Data through July 2026 · v266
- Sold Score
- 58/100
- YoY Fair Chance of Selling
- Pending ratio
- 0.40
- YoY contracts vs active
- Inventory YoY
- +0.0%
- YoY active listings
- Median DOM
- 50
- YoY days on market
- Price cuts
- 25.3%
- YoY of active listings
Buyer demand in Rapid City is **actively shopping** as of July 2026. The pending ratio is 0.40 — that's contracts under negotiation versus the homes available to buy.
Homes take a median of 50 days to go under contract. Active inventory is +0.8% year over year, giving buyers more choice and slower-paced decisions. Sellers are responding: 25.3% of listings have cut price. Overall, the Primpted Sold Score for Rapid City is 58/100 (Fair Chance of Selling).
— Live indicators (July 2026): Sold Score: 58/100 (Fair Chance of Selling) · Pending ratio: 0.40 · Inventory YoY: +0.8% · Median days on market: 50 · Sellers cutting price: 25.3% · Median listing price: $438,700 (-2.4% YoY)
Rapid City snapshot
As of the latest 2026 data- Median listing
- $439K
- YoY -0.0%
- Active inventory
- 680
- YoY +0.0%
- Median DOM
- 50
- YoY 0.0%
- Pending ratio
- 0.40
- YoY -0.1%
- Price-reduced
- 15.0%
- YoY -0.1%