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Is now a good time to sell in Rapid City?

P

Primpted Housing Analyst

Updated monthly · Data through September 2026 · v269

Data-backed
Sold Score
53/100
YoY Fair Chance of Selling
Pending ratio
0.37
YoY contracts vs active
Inventory YoY
-0.0%
YoY active listings
Median DOM
64
YoY days on market
Price cuts
38.7%
YoY of active listings
It's a fair time, not a clearly favorable one. Rapid City has a Sold Score of 53/100 in September 2026 (Fair Chance of Selling) — pricing realistically is doing most of the work. Pending ratio is 0.37 — the higher this is, the faster contracts come in relative to standing inventory. Active inventory is down +1.7% year over year, tightening the pool you're competing in. Median days on market sit at 64. 38.7% of active listings have already reduced asking price. — Live indicators (September 2026): Sold Score: 53/100 (Fair Chance of Selling) · Pending ratio: 0.37 · Inventory YoY: -1.7% · Median days on market: 64 · Sellers cutting price: 38.7% · Median listing price: $417,450 (-4.9% YoY)

Rapid City snapshot

As of the latest 2026 data
Median listing
$417K
YoY -0.0%
Active inventory
724
YoY -0.0%
Median DOM
64
YoY +0.1%
Pending ratio
0.37
YoY +0.0%
Price-reduced
22.0%
YoY +0.0%

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