Rapid City CDP: Median Home Value Trend
How Rapid City CDP's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$109,300
2023
$212,500
Total change
+$103,200
% change
+94.4%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $109,300 | — |
| 2019 | $138,400 | +$29,100 (26.6%) |
| 2020 | $161,000 | +$22,600 (16.3%) |
| 2021 | $162,700 | +$1,700 (1.1%) |
| 2022 | $187,000 | +$24,300 (14.9%) |
| 2023 | $212,500 | +$25,500 (13.6%) |