MARKET REPORT

Rapid City, SD

Short-term forecastUnderperform

Rapid City, SD housing market returns are forecasted to underperform the national market in the short term. The market ranks 315 among 402 US metro housing markets.

Currently, the market is underperforming the national market. With a short-term positive outlook, market performance is anticipated to improve. From one year ago, the market ranking has improved by 31 points. One year ago, the market was underperforming the national market and was anticipated to deteriorate.

MARKET RANK
Sep 2018 Sep 2017
315 / 402 346 / 402
SITUATION
Sep 2018 Sep 2017
Underperforming Underperforming
OUTLOOK
Sep 2018 Sep 2017
Positive Negative

MARKET DEMOGRAPHICS