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GeraMarket / US house price momentum / Rapid City, SD

Rapid City, SD: House Price Momentum

FHFA HPI for Rapid City, SD (metro area): 486.30 (2026 Q1) Β· 1yr: +2.98% Β· 5yr: +57.92% Β· GUSPM: 54.7 / 100. Source: FHFA HPI (US public domain).

What is the FHFA house price trend in Rapid City, SD?

As of 2026 Q1, the FHFA All-Transactions House Price Index for Rapid City, SD (metro area) is 486.30 (index base: 1980Q1=100), representing a 1-year change of +2.98% β€” 0.81 percentage points below the US state median (+3.79%), and a 5-year change of +57.92%. The Gera US Price Momentum (GUSPM) score is 54.7 / 100. Source: FHFA HPI (US public domain).

Source:FHFA House Price Index (HPI) β€” All-Transactions, Not Seasonally AdjustedΒ·as of 2026 Q1updated quarterly (last: )
Gera US Price Momentum Index54.7 / 100 Β· 1yr +2.98%Rapid City, SD: HPI 486.30, 1yr +2.98%, 5yr +57.92%, volatility medium (2026 Q1)How this index is calculated
Reference period: 2026 Q1Β· FHFA HPI All-Transactions (NSA) Β· US public domain Β· Rapid City, SD

Rapid City, SD house price figures (2026 Q1)

Rapid City, SD β€” FHFA HPI All-Transactions (NSA), 2026 Q1
MeasureValueNotes
FHFA HPI value486.302026 Q1 (index base 1980Q1=100, All-Transactions NSA)
1-year % change+2.98%vs same quarter prior year; 0.81 percentage points below the US state median (+3.79%)
5-year % change+57.92%vs same quarter 5 years ago
Volatility1.23%Std dev of 1yr changes (last 10 quarters); band: medium
GUSPM score54.7 / 100Gera composite 0–100, normalized across all US states + metros

Compare Rapid City, SD with similar areas

Explore GUSPM across all US metro areas β€” filter by momentum and volatility.

Rapid City, SDGUSPM 54.7 / 100 Β· 1yr +2.98% Β· 5yr +57.92% Β· volatility medium
#AreaTypeGUSPM1-Year5-YearVolatilityDetails
#1Dothan, ALMetro100.0 / 100+15.92%+51.29%highView β†’
#2Elmira, NYMetro90.8 / 100+14.67%+42.34%highView β†’
#3Bangor, MEMetro83.9 / 100+9.68%+67.67%mediumView β†’
#4Syracuse, NYMetro82.2 / 100+8.96%+66.04%mediumView β†’
#5Gadsden, ALMetro80.8 / 100+10.00%+58.69%highView β†’
#6Parkersburg-Vienna, WVMetro80.4 / 100+11.87%+43.87%highView β†’
#7Springfield, OHMetro80.3 / 100+9.57%+60.14%mediumView β†’
#8Midland, MIMetro79.2 / 100+8.99%+59.16%mediumView β†’
#9Lawton, OKMetro78.2 / 100+11.09%+45.77%highView β†’
#10Atlantic City-Hammonton, NJMetro77.7 / 100+7.16%+75.40%mediumView β†’
#11Clarksville, TN-KYMetro77.5 / 100+8.57%+61.06%mediumView β†’
#12Bridgeport-Stamford-Danbury, CTMetro76.7 / 100+8.35%+58.95%mediumView β†’
#13Jefferson City, MOMetro76.7 / 100+7.96%+66.01%mediumView β†’
#14Utica-Rome, NYMetro75.6 / 100+8.75%+59.25%highView β†’
#15Janesville-Beloit, WIMetro74.2 / 100+7.58%+62.08%mediumView β†’
#16Jackson, MIMetro74.1 / 100+8.72%+52.62%mediumView β†’
#17Rockford, ILMetro73.8 / 100+6.87%+67.35%mediumView β†’
#18Morristown, TNMetro73.5 / 100+6.89%+70.99%highView β†’
#19Peoria, ILMetro72.9 / 100+9.03%+46.47%mediumView β†’
#20Lancaster, PAMetro72.8 / 100+7.60%+58.56%mediumView β†’
#21Sierra Vista-Douglas, AZMetro72.8 / 100+8.00%+55.23%mediumView β†’
#22Reading, PAMetro72.5 / 100+7.57%+60.91%mediumView β†’
#23Lebanon, PAMetro72.4 / 100+7.32%+61.62%mediumView β†’
#24Fond du Lac, WIMetro72.1 / 100+7.06%+64.46%mediumView β†’
#25Lewiston-Auburn, MEMetro71.9 / 100+6.19%+69.57%mediumView β†’

Showing top 25 results. Source: FHFA HPI (All-Transactions, NSA), sorted by GUSPM composite.

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Frequently asked questions

What is the FHFA house price trend in Rapid City, SD in 2026?
The FHFA HPI for Rapid City, SD (metro area) is 486.30 as of 2026 Q1, with a 1-year change of +2.98% and a 5-year change of +57.92%. The US state median 1-year change is +3.79%.
Is Rapid City, SD above or below the US median for house price momentum?
Rapid City, SD is 0.81 percentage points below the US state median (+3.79%) (+3.79%) for 1-year FHFA HPI change as of 2026 Q1.
What is the GUSPM score for Rapid City, SD?
The Gera US Price Momentum (GUSPM) score for Rapid City, SD is 54.7 / 100, computed from FHFA HPI data as of 2026 Q1. GUSPM blends 1-year momentum (50%), annualized 5-year momentum (30%), and a stability bonus (20%), normalized to 0–100 across all US states and metro areas tracked. See the methodology page for the full formula.
What is the volatility of house prices in Rapid City, SD?
Rapid City, SD has a medium volatility (1.23% standard deviation of annual HPI changes over the last 10 quarters). Bands: low < 1.0%, medium 1.0–2.5%, high > 2.5%.
What is the FHFA All-Transactions House Price Index?
The FHFA All-Transactions HPI (not seasonally adjusted) measures average house price changes using both purchase mortgages and refinancings acquired by Fannie Mae or Freddie Mac. The index base is 1980Q1=100 for the all-transactions variant. It is a US federal government work, in the public domain, and available at no cost from fhfa.gov.

Other SD metro areas

Contains public sector information published by Federal Housing Finance Agency (FHFA) and licensed under the US public domain β€” federal government work. Source: FHFA House Price Index (HPI) β€” All-Transactions, Not Seasonally Adjusted (2026 Q1, published June 2026).