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    Rapid City, SD Residential Land & Home Lots for Sale

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    Black Hawk, SD Summerset, SD Box Elder, SD Piedmont, SD Keystone, SD Hermosa, SD Hill City, SD New Underwood, SD
    Found 70 residential land & home lot listings for sale in Rapid City, SD, averaging $71,647/acre. Use valuation data to compare deals faster.
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    Land with Panoramic Black Hills Views
    Updated: Jun 18
    Land with Panoramic Black Hills Views

    4022 Linden Ln, Rapid City, SD 57702

    $325,000
    1.93 AC lot
    Panoramic views of Skyline Drive, Canyon Lake, and the Black Hills within city limits.
    Zoned Medium Density Residential offering flexibility for single family, duplex, townhome, or multi‑unit development (buyer to verify).
    Spans two parcels, providing ample space and potential.
    No covenants, offering freedom and control over property use.
    In‑town convenience, combining natural beauty with urban accessibility.
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    East-Facing Residential Build Lot
    Updated: Jan 19
    East-Facing Residential Build Lot

    TBD Lot 15 Villaggio Lane, Rapid City, SD 57702

    $169,900
    0.46 AC lot
    .46‑acre buildable lot in the Villaggio at Golden Eagle neighborhood
    Gently sloping lot that faces east, with mature trees along the edge
    Natural rock formations on the property with views toward the northeast
    Located just off Catron Blvd, near major medical facilities and BH Energy Campus
    Modern infrastructure with paved streets and covenants in place
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    Custom Home Lot in Residential Subdivision
    Custom Home Lot in Residential Subdivision

    5533 CLOUD PEAK DR, Rapid City, SD 57702

    $220,000
    0.55 AC lot

    Build-ready lot in Highpointe Ranch North with utilities available at the lot line.

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    See hot listings in Rapid City

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Vacant Land / Lots
    Vacant Land / Lots

    2595 Golden Eagle Dr, Rapid City, SD 57701

    $650,000

    Residential land & home lots

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    Executive Lot in Highpointe Ranch North
    Executive Lot in Highpointe Ranch North

    5609 CLOUD PEAK DR, Rapid City, SD 57702

    $270,000
    0.87 AC lot

    Buildable residential lot in Highpointe Ranch North with essential utilities available at the lot line.

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    Residential Building Lot in Subdivision
    Residential Building Lot in Subdivision

    5520 WIND RIVER RD, Rapid City, SD 57702

    $180,000
    0.60 AC lot

    Build-ready lot with utilities at the lot line in a Rapid City subdivision setting.

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    LAND, Rapid City, SD
    LAND, Rapid City, SD

    2451 FOREST PL, Rapid City, SD 57701

    $800,000
    19.08 AC lot

    Land · 19.08 Acres

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    Vacant Land / Lots
    Vacant Land / Lots

    Lot 5 Overview Ln, Rapid City, SD 57702

    $300,000

    Residential land & home lots

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    Residential Building Lot with Utilities
    Residential Building Lot with Utilities

    5438 WIND RIVER RD, Rapid City, SD 57702

    $180,000
    1.01 AC lot

    Build-ready lot in Highpointe Ranch North with water, sewer, cable, and other utilities available at the lot line.

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    Executive Lot in Highpointe Ranch North
    Executive Lot in Highpointe Ranch North

    5414 WIND RIVER RD, Rapid City, SD 57702

    $195,000
    0.65 AC lot

    Build-ready residential lot in Highpointe Ranch North with key utilities available at the lot line.

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    Vacant Land / Lots
    Vacant Land / Lots

    1260 Settlers Creek Place, Rapid City, SD 57701

    $119,900

    Residential land & home lots

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    Residential Lot with Utilities at Line
    Residential Lot with Utilities at Line

    5450 WIND RIVER RD, Rapid City, SD 57702

    $175,000
    0.71 AC lot

    Build your custom home on a 0.71-acre lot in Highpointe Ranch North with MDU, water, sewer, and cable available at the line.

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    Residential Home Lot
    Residential Home Lot

    6013 WIND RIVER RD, Rapid City, SD 57702

    $93,000
    0.24 AC lot

    Build-ready lot in Highpointe Ranch, positioned along Sheridan Lake Road for convenient access to area amenities and recreation.

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    Land
    Land

    160a Hidden Valley Trail, Rapid City, SD 57702

    $3,000,000

    Residential land & home lots

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    Residential Building Lot in Subdivision
    Residential Building Lot in Subdivision

    5850 WIND RIVER RD, Rapid City, SD 57702

    $195,000
    0.25 AC lot

    Vacant residential lot in Highpointe Ranch North with essential utilities available at the lot line.

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    Residential Building Lot in Subdivision
    Residential Building Lot in Subdivision

    5824 WIND RIVER RD, Rapid City, SD 57702

    $185,000
    0.30 AC lot

    Build your custom home on a serviced residential lot in Highpointe Ranch North.

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    Rapid City Hilltop Development Opportunity
    Rapid City Hilltop Development Opportunity

    Hanover Dr, Rapid City, SD

    Contact for pricing
    17.23 AC lot

    17.23 acres for residential development with panoramic views.

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    Custom Home Lot with Utilities at Line
    Custom Home Lot with Utilities at Line

    5760 WIND RIVER RD, Rapid City, SD 57702

    $195,000
    0.44 AC lot

    Residential lot in Highpointe Ranch North with utilities available at the lot line for straightforward custom home planning.

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    Vacant Land / Lots
    Vacant Land / Lots

    1742 Lampert Ct., Rapid City, SD 57701

    $199,000

    Residential land & home lots

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    Residential Lot with Panoramic Views
    Residential Lot with Panoramic Views

    5812 WIND RIVER RD, Rapid City, SD 57702

    $195,000
    0.38 AC lot

    Build-ready residential lot in Highpointe Ranch North with utilities available at the lot line.

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    Land
    Land

    Lot 25 Overview Ln, Rapid City, SD 57702

    $250,000

    Residential land & home lots

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    Custom Home Lot in Subdivision
    Custom Home Lot in Subdivision

    5746 WIND RIVER RD, Rapid City, SD 57702

    $195,000
    0.47 AC lot

    Build your custom residence on a nearly half-acre lot with utilities available at the lot line.

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    Land
    Land

    Lot 6 Overview Ln, Rapid City, SD 57702

    $285,000

    Residential land & home lots

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    Custom Home Lot in Subdivision
    Custom Home Lot in Subdivision

    5924 WIND RIVER RD, Rapid City, SD 57702

    $195,000
    0.25 AC lot

    Build-ready lot in Highpointe Ranch North with utilities available at the lot line for a custom home.

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    Rapid City, SD Residential Land & Home Lots Market Trends and Statistics

    Explore 70 residential land & home lots for sale in Rapid City, SD, showcased through 70 active listings on our real estate platform. These investment opportunities span a total of 6,432,505 square feet of properties for sale, with an estimated market value of $19,675,329.

    Sale prices for home sites in Rapid City, SD start at $34,500, averaging $293,661, and reaching up to $3,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 74
    Commercial land 39
    Industrial land 7
    Agricultural land / Farmland 4

    Demographics Overview

    Population 99K
    Population Growth (5Y) +3.2%
    Median Household Income $70,356
    College Educated 33.1%

    High-Yield Neighborhoods for Investment

    Identify Rapid City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Rapid City - 57701 $258.3K
    Box Elder - 57719 $560K

    Taxes & Financing

    Tax Rate (average for all types) 1.36%
    Property Tax per SF $31.57 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Pennington County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Rapid City fall within the 1 to 5 acres range.

    How Realmo verifies these figures

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    Popular Searches in Rapid City, SD

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    Most Searched ZIP Codes in Rapid City, SD

    • 57702
    • 57703
    • 57701
    • 57719

    Featured Rapid City Real Estate Agencies

    Realmo connects you with licensed Rapid City CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    NorthStar Realty
    4751 Westridge Road Rapid City, SD 57702
    Phone: (970) 371-4489
    shanare.com
    Keller Williams Realty Black Hills
    2401 Main Street Rapid City, SD 57702
    Phone: (605) 343-7500
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