Housing in Rapids City, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$249,500

Median List Price

N/A

Price Per Sq Ft

$177

Days on Market

11

Active Inventory

1

Months of Supply

0.5

Seller's market

Zillow Home Value

$234,552

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 2.5%List Price 0.0%May 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

50.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

108.2%

Seller's market

Sold Above Asking
50.0%
Under Contract in 2 Wks
0.0%

Market Activity

Source: Redfin

Homes Sold

2

Pending Sales

4

Homes Sold 100.0%New Listings 0.0%Pending 300.0%May 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$177

Sale $/SF 2.7%List $/SF 30.8%May 24Jan 26

Rapids City vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Rapids City is highlighted.

Median Home Value

Median Price Per Sq Ft

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$207,600

Median Rent

N/A

Total Housing Units

464

Vacancy Rate

11.8%

Owner Occupied

96.6%

Renter Occupied

3.4%

Median Property Tax

$4,052

per year

Monthly Cost (w/ Mortgage)

$1,125

Housing Types

Single Family
100.0%
Multi-Family
0.0%
Mobile Home
0.0%

The current median sale price in Rapids City, IL is $249,500 according to Redfin data. Homes spend a median of 11 days on the market. 50.0% of homes sold above asking price. The market has 0.5 months of supply. The median price per square foot is $177. About 96.6% of housing units are owner-occupied. The median year homes were built is 1974. There are 464 total housing units.