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    Rapid City, SD Residential Land & Home Lots for Sale

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    Box Elder, SD Summerset, SD Black Hawk, SD
    42 listings
    Land in Scotland Hills
    $600,000
    5.70 Acres
    Land in Scotland Hills

    Lot 17 C W Minnesota Street, Rapid City, SD 57701

    Build your custom home on a 5.70-acre lot.
    • 5.70‑acre lot offers ample space for a custom home
    • Stunning views of Rapid City
    • Exceptional privacy at the end of a quiet street
    • Conveniently located minutes from Monument Hospital, downtown, and I‑90
    • City water, power, gas, fiber, and asphalt road access are already brought to the lot
    Updated: May 26
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    19.28 Acre Lot in Rapid City
    $1,200,000
    19.28 Acres
    19.28 Acre Lot in Rapid City

    Lot 17 D W Minnesota Street, Rapid City, SD 57701

    Build your custom home with stunning Rapid City views.
    • 19.28 acre lot offering ample space for a custom home
    • Exceptional privacy at the end of a quiet street
    • Stunning views of Rapid City
    • Conveniently located minutes from Monument Hospital, downtown, and I‑90
    • City water, power, gas, fiber, and asphalt road access already brought to the lot
    Updated: May 26
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    Land with Panoramic Black Hills Views
    $350,000
    1.93 Acres
    Land with Panoramic Black Hills Views

    Rare land opportunity with flexible residential zoning and stunning views.

    4022 Linden Ln, Rapid City, SD 57702

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    Residential Land with Panoramic Views
    $350,000
    1.93 Acres
    Residential Land with Panoramic Views

    Rare Rapid City land with development potential and stunning views.

    4022 Linden Ln, Rapid City, SD 57702

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    Residential Land Lot with Views
    $175,000
    0.46 Acres
    Residential Land Lot with Views

    Gently sloping lot with mature trees and natural rock, facing east for a buildable residential setting.

    TBD Lot 15 Villaggio Lane, Rapid City, SD 57702

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    Land Parcel with Interstate Exposure
    $600,000
    7.47 Acres
    Land Parcel with Interstate Exposure

    7.47-acre parcel opposite Harmony Heights Apartments, positioned for potential medium- to high-density residential development.

    Harmony Heights Lane, Rapid City, SD 57702

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    Rapid City Farm/Estate Land
    $3,399,000
    324.67 Acres
    Rapid City Farm/Estate Land

    Large, developable land near Rapid City with residential potential.

    0000 North of Bethpage Drive, Rapid City, SD 57702

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    Custom Home Lot in Residential Subdivision
    $220,000
    0.55 Acres
    Custom Home Lot in Residential Subdivision

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

    5533 Cloud Peak Drive, Rapid City, SD 57702

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    Executive Lot in Highpointe Ranch North
    $270,000
    0.87 Acres
    Executive Lot in Highpointe Ranch North

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

    5609 Cloud Peak Drive, Rapid City, SD 57702

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    Black Hills Land with Views
    $256,500
    6.66 Acres
    Black Hills Land with Views

    6.66 acres bordering US forest service land near Rapid City.

    Cosmos Road, Rapid City, SD 57702

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    Residential Lot with Utilities at Line
    $175,000
    0.71 Acres
    Residential Lot with Utilities at Line

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

    5450 Wind River Road, Rapid City, SD 57702

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    Residential Building Lot in Subdivision
    $180,000
    0.60 Acres
    Residential Building Lot in Subdivision

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

    5520 Wind River Road, Rapid City, SD 57702

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    Residential Building Lot with Utilities
    $180,000
    1.01 Acres
    Residential Building Lot with Utilities

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

    5438 Wind River Road, Rapid City, SD 57702

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    Executive Lot in Highpointe Ranch North
    $195,000
    0.65 Acres
    Executive Lot in Highpointe Ranch North

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

    5414 Wind River Road, Rapid City, SD 57702

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    Custom Home Lot with Utilities at Line
    $195,000
    0.44 Acres
    Custom Home Lot with Utilities at Line

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

    5760 Wind River Road, Rapid City, SD 57702

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    Residential Building Lot in Subdivision
    $195,000
    0.25 Acres
    Residential Building Lot in Subdivision

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

    5850 Wind River Road, Rapid City, SD 57702

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    Residential Building Lot in Subdivision
    $185,000
    0.30 Acres
    Residential Building Lot in Subdivision

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

    5824 Wind River Road, Rapid City, SD 57702

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    Custom Home Lot in Subdivision
    $195,000
    0.47 Acres
    Custom Home Lot in Subdivision

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

    5746 Wind River Road, Rapid City, SD 57702

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    Residential Lot with Panoramic Views
    $195,000
    0.38 Acres
    Residential Lot with Panoramic Views

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

    5812 Wind River Road, Rapid City, SD 57702

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    Custom Home Lot in Subdivision
    $195,000
    0.25 Acres
    Custom Home Lot in Subdivision

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

    5924 Wind River Road, Rapid City, SD 57702

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    Residential Land Lot in Subdivision
    $205,000
    0.49 Acres
    Residential Land Lot in Subdivision

    Residential home lot with utilities at the lot line in Highpointe Ranch North, suited for a custom build.

    5734 Wind River Road, Rapid City, SD 57702

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    Custom Home Lot in Subdivision
    $195,000
    0.51 Acres
    Custom Home Lot in Subdivision

    Build a custom residence on a residential lot with essential utilities available at the lot line.

    5722 Wind River Road, Rapid City, SD 57702

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    Executive Home Lot
    $200,000
    0.26 Acres
    Executive Home Lot

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

    5836 Wind River Road, Rapid City, SD 57702

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    Residential Home Lot
    $93,000
    0.24 Acres
    Residential Home Lot

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

    6013 Wind River Road, Rapid City, SD 57702

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    Rapid City, SD Residential Land & Home Lots Investment Opportunities Market Analysis

    Explore 42 residential land & home lots for sale in Rapid City, SD, showcased through 42 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $14,076,550.

    Sale prices for home sites in Rapid City, SD start at $50,500, averaging $335,155, and reaching up to $3,399,000 — 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

    Commercial land 48
    Residential land & home lots 36
    Industrial land 5
    Recreation land 1

    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 $329.2K
    Box Elder $560.5K

    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.

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    Most Searched ZIP Codes in Rapid City, SD

    • 57702
    • 57703
    • 57701
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