County market report · FIPS 46103
Pennington County, SD
Rapid City, SD · Population 115,926 (Census V2020 est.)
Typical value
$363,102
Sep 2026
1M
+0.2%
3M
+0.3%
12M
+1.8%
5Y
+26.8%
10Y
+88.5%
From peak
-0.2%
Peak $363,693 · Mar 2026
Rank US / state
1932 / 34
by 12M change
Zillow Home Value Index
Source: Zillow Home Value Index (ZHVI), all homes, smoothed & seasonally adjusted · data through Sep 2026.
Inflection signal
Price-OnlyNo active signal this month.
Inventory, sales & days on market — Phase 2
Supply and demand confirmation is not yet available.
Yearly values (December)
| Year | ZHVI (Dec) | YoY change |
|---|---|---|
| 2025 | $360,796 | +1.8% |
| 2024 | $354,248 | +3.7% |
| 2023 | $341,654 | +2.3% |
| 2022 | $333,920 | +12.5% |
| 2021 | $296,788 | +19.0% |
| 2020 | $249,378 | +9.5% |
| 2019 | $227,648 | +7.2% |
| 2018 | $212,451 | +4.0% |
| 2017 | $204,371 | +5.0% |
| 2016 | $194,696 | +3.4% |
| 2015 | $188,281 | +4.0% |
| 2014 | $181,032 | +3.0% |
| 2013 | $175,755 | +3.7% |
| 2012 | $169,454 | +3.9% |
| 2011 | $163,032 | -1.1% |
| 2010 | $164,790 | +1.5% |
| 2009 | $162,358 | -1.6% |
| 2008 | $164,937 | — |