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Are buyers active in Rapid City?
P
Primpted Housing Analyst
Updated monthly · Data through May 2026 · v264
- Sold Score
- 61/100
- YoY Good Chance of Selling
- Pending ratio
- 0.55
- YoY contracts vs active
- Inventory YoY
- +0.0%
- YoY active listings
- Median DOM
- 45
- YoY days on market
- Price cuts
- 28.1%
- YoY of active listings
Buyer demand in Rapid City is **very active** as of May 2026. The pending ratio is 0.55 — that's contracts under negotiation versus the homes available to buy.
Homes take a median of 45 days to go under contract. Active inventory is +4.4% year over year, giving buyers more choice and slower-paced decisions. Sellers are responding: 28.1% of listings have cut price. Overall, the Primpted Sold Score for Rapid City is 61/100 (Good Chance of Selling).
— Live indicators (May 2026): Sold Score: 61/100 (Good Chance of Selling) · Pending ratio: 0.55 · Inventory YoY: +4.4% · Median days on market: 45 · Sellers cutting price: 28.1% · Median listing price: $449,900 (-0.0% YoY)
Rapid City snapshot
As of the latest 2026 data- Median listing
- $450K
- YoY -0.0%
- Active inventory
- 570
- YoY +0.0%
- Median DOM
- 45
- YoY +0.2%
- Pending ratio
- 0.55
- YoY -0.1%
- Price-reduced
- 14.2%
- YoY -0.0%