$305,000
- 2 Beds
- 2 Baths
- 1,083 Sq Ft
3953 Fairway Hills Dr, Rapid City, SD 57702
Jennifer Landguth Hegg Realtors, Deadwood
$305,000
3953 Fairway Hills Dr, Rapid City, SD 57702
Jennifer Landguth Hegg Realtors, Deadwood
$325,000
3600 Sheridan Lake Rd, Rapid City, SD 57702
Phillip Olsen Olsen Real Estate
$218,900
3964 Fairway Hills Dr, Rapid City, SD 57702
Heath Gran Great Peaks Realty
Rapid City combines outdoor adventure with cultural attractions at the gateway to Mount Rushmore and the Black Hills. Downtown's unique City of Presidents Walking Tour features life-size bronze presidential statues, while Main Street Square hosts year-round events from summer concerts to winter ice skating. Art Alley showcases local creativity through ever-changing street murals. Families enjoy Storybook Island's seasonal themed park and Bear Country USA's drive-through wildlife experiences. The dining scene includes Dakotah Steakhouse serving regional specialties like elk and buffalo, while Firehouse Brewing Co operates from a historic 1915 firehouse. Kathmandu Bistro brings international flavors to an 1886 downtown building.
The housing market presents diverse options across distinct neighborhoods. Colonial Pine Hills commands the highest median single family home prices at $503,000, while North Rapid City offers more affordable options with a median of $250,000. The citywide median sale price stands at $360,500, with median townhome prices at $385,000. One-bedroom condos start at a median of $211,300, increasing to $290,300 for two bedrooms.
Living costs run 5.2% below the national average. A family with school-age children needs approximately $100,000 annually to live comfortably, while renters should aim for $55,000. Property taxes in Pennington County sit at 1.13%, higher than nearby Spearfish at 0.86%. South Dakota charges no state income tax and maintains a 4.2% state sales tax.
The public school system includes Stevens High School and Southwest Middle School, both rated B Plus by Niche. The private Rapid City Catholic School System, rated A Minus, serves multiple neighborhoods. South Dakota School of Mines and Technology provides higher education opportunities. The Rapid Transit System operates fixed bus routes Monday through Saturday, though most residents rely on personal vehicles.
On average, homes in Rapid City, SD sell after 35 days on the market compared to the national average of 52 days. The median sale price for homes in Rapid City, SD over the last 12 months is $325,500, consistent with the median home sale price over the previous 12 months.
Homebuyers in Rapid City are drawn to homes with land, western-style features, and easy access to the Black Hills.
In Rapid City, there are currently 3 condos for sale, providing a variety of options for potential buyers. With condos priced between $218,900 to $325,000, there's a range to accomodate every budget. As of September, 2025 the median home price in Rapid City is $348,000, while the average sale price is $366,522, offering insights into the local housing market. On average, condos spend 35 days listed before being sold. Whether you're considering condominiums, apartments for sale, or modern condos, there are options to cater to different lifestyles. Browse the range of condos for sale in Rapid City, SD, and discover your ideal residence.