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

62,351

Labor Force

0.3% MoM

0.9% YoY

7/2025

61,309

Employed

0.4% MoM

0.8% YoY

7/2025

1.7%

Unemployment Rate

5.6% MoM

5.6% YoY

7/2025

$364,000

Median Sale Price

1.0% MoM

1.1% YoY

8/2025

148

Homes Sold

5.1% MoM

2.0% YoY

8/2025

4.1

Months Inventory

1.8% MoM

20% YoY

8/2025

75

Days on Market

5 MoM

12 YoY

8/2025

608

Listings

5.3% MoM

10.3% YoY

8/2025

208

Price per Sq Ft

3.5% MoM

0% YoY

8/2025

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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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