Rapid City city: Median Home Value Trend
How Rapid City city'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
$170,700
2023
$270,000
Total change
+$99,300
% change
+58.2%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $170,700 | — |
| 2019 | $184,700 | +$14,000 (8.2%) |
| 2020 | $194,100 | +$9,400 (5.1%) |
| 2021 | $208,400 | +$14,300 (7.4%) |
| 2022 | $244,500 | +$36,100 (17.3%) |
| 2023 | $270,000 | +$25,500 (10.4%) |