Market Overview
Home Prices in Hill City, SD
The median home value in Hill City, SD is $484,099 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.2% compared to a year ago and up 2.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hill City are priced18% above average. Hill City is part of the Rapid City, SD metro area.
Over the past five years, Hill City home values have risen by approximately34.6%, reflecting strong long-term appreciation in this market.
Price History
Hill City Home Price Trend
City Comparison
Hill City vs. National Median
At $484,099, homes in Hill City cost 18% above the national median of $410,000. Buyers in Hill City should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Hill City?
20% Down Payment
$96,820
on $484,099
Monthly P&I
$2,525/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,207/mo
incl. taxes & insurance
Income Needed
$128,280
gross annual (30% rule)
10% Down Option
$48,410
+ PMI applies
Loan Amount (20% dn)
$387,279
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Hill City, SD?
The median home value in Hill City is $484,099 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.2% year-over-year.
How much have home prices changed in Hill City?
Over the past year, home values in Hill City have increased by 2.2%. Over five years, prices have risen approximately 34.6%.
How much do I need to earn to buy a home in Hill City?
To comfortably afford the median home price of $484,099 with a 20% down payment ($96,820) at today's rates (6.8%), you'd need a gross annual income of approximately $128,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Hill City compare to the national average home price?
The national median home value is approximately $410,000. At $484,099, homes in Hill City are 18% above the national average.
What metro area is Hill City part of?
Hill City is part of the Rapid City, SD metropolitan area. Home prices and market conditions can vary across the broader metro region.