Housing in Rapid Valley, SD
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$350,250
Median List Price
$323,400
Price Per Sq Ft
$184
Days on Market
46
Active Inventory
19
Months of Supply
3.2
Seller's market
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
33.3%
Sale-to-List Ratio
99.8%
Buyer's market
Market Activity
Source: RedfinHomes Sold
6
New Listings
8
Pending Sales
9
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$184
Median List $/SF
$201
Rapid Valley vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Rapid Valley is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$226,300
Median Rent
$1,263
Total Housing Units
3,307
Vacancy Rate
1.6%
Owner Occupied
95.8%
Renter Occupied
4.2%
Median Property Tax
$2,456
per year
Monthly Cost (w/ Mortgage)
$1,152
Housing Types
The current median sale price in Rapid Valley, SD is $350,250 according to Redfin data. Homes spend a median of 46 days on the market. 0.0% of homes sold above asking price. The market has 3.2 months of supply. The median price per square foot is $184. The median rent is $1,263 per month (Census ACS). About 95.8% of housing units are owner-occupied. The median year homes were built is 1987. There are 3,307 total housing units.