Housing Market: Stable, Strong
Finding the right place to live in the Rushmore Region is easy and affordable.
You can live in a log home among the Ponderosa pine trees in the Black Hills, a ranch-style home – with a real horse ranch -- on the high plains or live in a residential neighborhood close to shopping. Whatever you choose, your commute time will be relatively short.
The Rushmore Region housing market is stable yet strong. According to multiple listing service statistics from the Black Hills Association of Realtors, the average sale price for single-family homes was $211,622 in 2015. That compares with $180,000 in 2008.
The housing market is driven by the Rushmore Region's scenic beauty, low taxes, stable prices, economic diversity and access to healthcare and other services. South Dakota is currently #2 on the Bankrate Best Places to Retire list.
Rushmore Region Home Sales 2008-2015
|Year||Avg Sale Price||Days on Market||Homes Sold|