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Single Family ResidenceResidential
$475,191$387 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 94How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026
Last sold for $370,000 on Jul 31, 2018

23038 THUNDERHEAD FALLS RD

RAPID CITY, SD 57702
1
Beds
1
Baths
1,228 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.79 ac
Lot SizeThe size of the land the home sits on, from county records.
1961
Year BuiltThe year the home was originally built, according to county records.

Valuation

$475K
$449K low$501K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$370,000 · Jul 31, 2018

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,395 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$430,100 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$186,300
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$243,800
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$430,100

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.197 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.51%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.1 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Rustic
CountyPENNINGTON
Lot (acres)The size of the land the home sits on, from county records.0.79
ConstructionThe main material the home's frame and walls are built from.Log
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 76 ft²

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Stevens High SchoolB+
High · Grades 9–12 · 6.4 mi
E
South Canyon Elementary SchoolC
Elementary · Grades KG–5 · 6.8 mi
M
Southwest Middle SchoolA+
Middle · Grades 6–8 · 7.0 mi

District: Rapid City Area Schools

Neighborhood · ZIP 57702These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.86
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.105
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.34

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.93%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.27%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.5.5%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.5%
PopulationHow many people live in this area.42,356
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.141 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$84,353
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$115,376
Average tempThe average temperature here across a full year.43°F
Annual precipHow much rain and melted snow falls here in a typical year.22 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.63%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

23038 Thunderhead Falls Rd measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 70% of homes in Pennington County
  • Costs more per square foot than 78% of homes in Pennington County
  • Has a bigger lot than 78% of homes in Pennington County
  • Older than 75% of homes in Rapid City 57702

What homes are worth in Rapid City 57702

Each bar is how many homes fall in that price range. The marker is this home.

This home
$213K$1.5M

This home is worth more than 50% of homes in Rapid City 57702.

How it measures up in Rapid City 57702

The dot is this home. The mark in the middle is the typical home in Rapid City 57702.

Estimated value$475,191
CheaperTypical $473,018Pricier

Pricier than 50% of homes nearby

Price per ft²$387
CheaperTypical $346Pricier

Pricier than 68% of homes nearby

Living area1,228 ft²
SmallerTypical 1,416 ft²Bigger

Bigger than 36% of homes nearby

Lot size0.79 ac
SmallerTypical 0.33 acBigger

Bigger than 68% of homes nearby

Year built1961
OlderTypical 1978Newer

Newer than 25% of homes nearby

How 23038 Thunderhead Falls Rd ranks against every home in each area.
MeasureThis homeRapid City 57702Pennington County
Estimated valuepricier than$475,19150% of homes70% of homes
Price per ft²pricier than$38768% of homes78% of homes
Living areabigger than1,228 ft²36% of homes44% of homes
Lot sizebigger than0.79 ac68% of homes78% of homes
Year builtnewer than196125% of homes26% of homes

About 23038 Thunderhead Falls Rd

How much is 23038 Thunderhead Falls Rd, Rapid City, SD worth?

The TopHap Estimate for 23038 Thunderhead Falls Rd, Rapid City, SD is $475,191 as of Oct 21, 2026. The likely range is $448,951 to $501,431. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 23038 Thunderhead Falls Rd, Rapid City, SD last sell?

23038 Thunderhead Falls Rd, Rapid City, SD last sold on Jul 31, 2018 for $370,000, according to the county's recorded deed.

How big is 23038 Thunderhead Falls Rd, Rapid City, SD?

23038 Thunderhead Falls Rd, Rapid City, SD has 1 bedrooms, 1 bathrooms, 1,228 square feet of living space and a 0.79-acre lot.

When was 23038 Thunderhead Falls Rd, Rapid City, SD built?

23038 Thunderhead Falls Rd, Rapid City, SD was built in 1961, making it 65 years old. It is a rustic home.

What schools serve 23038 Thunderhead Falls Rd, Rapid City, SD?

23038 Thunderhead Falls Rd, Rapid City, SD is assigned to Stevens High School (high), rated B+; South Canyon Elementary School (elementary), rated C; Southwest Middle School (middle), rated A+. All sit in Rapid City Area Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 23038 Thunderhead Falls Rd, Rapid City, SD compare to other homes in Rapid City 57702?

Among the 12,953 homes in Rapid City 57702, it is worth more than 50% of them ($475,191 against a typical $473,018), its price per square foot is higher than 68% of them ($387 against a typical $346), it is bigger than 36% of them (1,228 ft² against a typical 1,416 ft²), its lot is bigger than 68% of them (0.79 ac against a typical 0.33 ac) and it is newer than 25% of them (1961 against a typical 1978). Measured against all of Pennington County, it is worth more than 70% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 23038 Thunderhead Falls Rd, Rapid City, SD?

The 2025 property tax bill for 23038 Thunderhead Falls Rd, Rapid City, SD was $4,395. The county assessed it at $430,100.

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