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Rapid City 57703

ZIP codeThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.South Dakota
$360K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Housing Stock

HomesHow many homes we have records for in this area.7,177
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$360K
Median sizeThe middle home size here, measured in square feet.1,272 ft²
Median bedroomsThe middle bedroom count for homes here.3
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1997
Single familyThe share of homes here that are single-family houses.71%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.87%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.0.1%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.84%
Company ownedThe share of homes owned by a company or trust instead of a person.9.6%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.38%
Typical ownership tenureHow long the typical owner here has held their home.13.0 yrs

CommunityThese 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.84
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.103
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.31

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.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.16%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.8.4%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.6%
PopulationHow many people live in this area.17,921
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.140 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$81K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$89K
Average tempThe average temperature here across a full year.47°F
Annual precipHow much rain and melted snow falls here in a typical year.16 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.63%

How Rapid City 57703 compares

By median home value, Rapid City 57703 is the 5th most expensive of 9 ZIP codes in Pennington County, and its typical home is worth more than 49% of all homes in Pennington County.

Home values in Rapid City 57703

Share of homes at each estimated value.

Median
$247K$745K
ZIP codes in Pennington County ranked by median home value
#Pennington CountyMedian valueHomes
1Keystone 57751$548K450
2Hill City 57745$504K1,239
3Rapid City 57702$460K12,949
4Box Elder 57719$365K2,771
5Rapid City 57703$360K7,177
6New Underwood 57761$304K481
7Rapid City 57701$302K13,907
8Quinn 57775$298K123
9Wall 57790$280K441

About the Rapid City 57703 market

How many homes are there in Rapid City 57703, SD?

Rapid City 57703, SD contains 7,177 residential properties, with a median of 1,272 square feet, 3 bedrooms, built around 1997. The median TopHap Estimate is $360K.

How does Rapid City 57703, SD compare to the rest of Pennington County?

By median home value, Rapid City 57703, SD is the 5th most expensive of 9 ZIP codes in Pennington County. Its typical home is worth more than 49% of all homes in Pennington County. Box Elder 57719 ranks just above it and New Underwood 57761 just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Rapid City 57703, SD?

84% of homes in Rapid City 57703, SD are owner-occupied. 10% are held by a company rather than an individual.

How much equity do owners in Rapid City 57703, SD hold?

87% of mortgaged homes in Rapid City 57703, SD are equity-rich, meaning the loan balance is under half the home's value. 0.1% owe more than the home is worth.

Nearby markets

Browse addresses

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Explore Rapid City 57703 on the map

See every recorded sale, price heat map, school zone and flood overlay across Rapid City 57703 in TopHap’s interactive 3D map.

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A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
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