What the Pros Know

115,903

Population

1.4% YoY

2023

38.4

Median Age

1.3% YoY

2022

$67,823

Median Household Income

8.4% YoY

2022

61,742

Labor Force

1.9% MoM

0.7% YoY

8/2024

60,454

Employed

2.2% MoM

0.9% YoY

8/2024

2.1%

Unemployment Rate

16.7% MoM

10.5% YoY

8/2024

$360,000

Median Sale Price

3.5% MoM

0.0% YoY

8/2024

149

Homes Sold

2.8% MoM

4.2% YoY

8/2024

3.4

Months Inventory

2.3% MoM

20.6% YoY

8/2024

63

Days on Market

5 MoM

10 YoY

8/2024

510

Listings

0.0% MoM

26.2% YoY

8/2024

99.0%

Sale Price to List Price

0.6% MoM

0.3% YoY

8/2024

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Cities included in Pennington County: Rapid City, Box Elder, Rapid Valley, Colonial Pine Hills, Green Valley, New Underwood, Ashland Heights, Wall, Hill City, Johnson Siding, Keystone, Quinn, Wasta, Caputa


Zip Codes included in Pennington County: [Click for zip code level data] 57701, 57702, 57703, 57725, 57745, 57751, 57775, 57780, 57790


 1.  Population Data from U.S. Census Bureau.
 2.  Employment Data from Bureau of Labor and Statistics
 3.  Sales Data provided by Redfin, a national real estate brokerage.

MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.

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