Rapids City currently has 1 single family home for sale with a list price of $429,000 and 10 lots for sale with an average list price of $28,600. The average annual property tax for Rapids City is $6,042.42.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Rapids City, i.e. what's hot and what's not.
See What's Hot & What's Not in Rapids CityRapids City home sales for the month of January rose in volume by 100% when compared to last year, while the median sale price rose by 111.4% from $118,000 to $249,500. House sales rose by 100%, while the median sale price rose by 111.4% from $118,000 to $249,500.
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11
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7
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10
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12
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| 2022 | 2023 | 2024 | 2025 |
| # of sales per year | |||
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$161,000
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$330,000
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$279,250
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$430,463
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| 2022 | 2023 | 2024 | 2025 |
| median sale price per year | |||