Overview
Predictions
Supply
Demand
Price Drop: $10K
$425,000
5
3Bds
3Ba
3,874sqft
Single family home for sale
MLS ID #12760458, Kw 1Advantage
Skip to Main Content
Skip to Main Content 
Written By Aditya APopular Writer
Reviewed By Jorge RReal Estate Broker
Price Drop: $10K1301 9th Avenue, Rapids City, IL 61275 Price Drop: $15K
715 12th Street, Rapids City, IL 61275 
New Construction
1303 8th Avenue, East Moline, IL 
1717 7th Ave A, Rapids City, IL 61278
1201 8th Avenue, Rapids City, IL 61278
811 14th Street, Rapids City, IL 61278
809 14th Street, Rapids City, IL 61278
807 14th Street, Rapids City, IL 61278
MRED MLS-IL
Rapids City, ILHousing Market
Rapids City is a balanced market, giving buyers and sellers room to negotiate. With None months of supply and homes averaging 49 days on the market, you can make decisions without the pressure of a highly competitive market.
Verified Data
Updated Monthly
Fast Insights
Real-time Analytics
March 2026
Last updated
Live MLS Data |8 active homes tracked
|Data Sources:
MRED MLS-IL
Rapids City, IL Real Estate Market Snapshot
MEDIAN HOME PRICE
$370,000↓ 0.00%
MORTGAGE RATES 30-YR 30-YR FIXED
6.23%↓ 0.58%
STATUS
Balanced Market
DAYS ON MARKET
49
↓ 0.00% YoY
INVENTORY
0
↓ 0.00% YoY
Is Now a Good Time to Buy or Sell in Rapids City? Here's What We Think.
It depends on your goals, but Rapids City offers a relatively balanced market for both buyers and sellers. Homes are averaging 49 days on the market, with None months of supply. The median sale price is $370,000, and home sales saw no change from last year. Buyers have room to negotiate, while sellers can still attract serious interest.
Median Sale Price
$370,000
↓ 0%YoY
Homes Sold
1
↓ 0%YoY
Median Days on Market
49
↓ 0YoY
What this chart showsMedian Sale Price
This metric shows how home prices are trending in Rapids City. The median sale price is currently $370,000, no change from last year. A rising median price can point to stronger demand or limited inventory, while a falling price may give buyers more room to negotiate.
Median Sale Price Trend
AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years
Rapids City
Updated MonthlyLast Updated: March 2026
Rapids City Housing Market Forecast for 2026
Rapids City's housing market is expected to be balanced in 2026, with modest price growth, steady inventory, and stable conditions for both buyers and sellers.
Market Outlook:
- Home prices expected to rise modestly by 2-4%, reflecting sustainable growth
- Months of supply forecast to sit around 4-6, keeping the market steady
- Neither buyers nor sellers hold a clear advantage, keeping negotiations balanced
Will the Rapids City Housing Market Crash in 2026?
Expert consensus points to no. Rapids City shows stable fundamentals, with demand and supply moving roughly in step rather than pulling in opposite directions. Both buyers and sellers should expect conditions to hold steady through 2026, with no signs pointing toward a downturn.
UnlikelyCrash MeterLikely
Current Market Indicators
Days on Market:
49 days
Months of Supply:
0 months
Sale-to-List Ratio:
98.69%
Mortgage Rates:
Currently- 6.23% projected to hover between 6.0% and 6.8%
Is There Enough Inventory in Rapids City Right Now?
Rapids City has a steady flow of homes coming onto the market, keeping inventory relatively balanced. There are currently None active listings and None months of supply, giving buyers a reasonable selection without creating excessive competition among sellers. There were None new listings last month, while the inventory had no change year-over-year.
Homes for Sale
0
↓ 0%YoY
What this chart showsHomes for Sale
This chart shows the total number of homes currently available for sale in Rapids City. There are currently None active listings. Rising inventory gives buyers more options, while fewer homes for sale can increase competition and give sellers more leverage.
Homes for Sale Trend
AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years
Rapids City
Updated MonthlyLast Updated: March 2026
Are Buyers or Sellers Controlling the Rapids City Market?
Buyers and sellers have relatively equal footing in the Rapids City housing market. Homes are selling for 98.69% of their asking price, and price reductions saw no change year-over-year. Neither side has a clear advantage, leaving room for both to negotiate.
Homes Sold Above List Price
0%
↓ 0%YoY
Sale-to-List Ratio
98.69%
↓ 0%YoYBalanced Market
What this chart showsSold Above List
The line tracks the share of homes in Rapids City selling above their asking price over time. Currently, 0% of homes sold above asking last month. A rising trend signals strong buyer competition and bidding wars, while a falling trend suggests that competition is easing.
Homes Sold Above List Price Trend
AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years
Rapids City
Updated MonthlyLast Updated: March 2026
Find Your Perfect Rapids City Home Now
8 homes for sale in Rapids City, ILPrice Drop: $10KPrice Drop: $15K$299,000
7
3Bds
2Ba
1,900sqft
Single family home for sale
MLS ID #12760282, Ruhl&Ruhl Realtors Bettendorf
New Construction$469,000
10
2Bds
3Ba
1,334sqft
Single family home for sale
MLS ID #12666774, Ruhl&Ruhl Realtors Bettendorf
$179,500
7
5Bds
3Ba
2,042sqft
Single family home for sale
MLS ID #12718901, Ruhl&Ruhl Realtors Bettendorf
$24,900
10
--Bd
--Ba
--sqft
Land for sale
MLS ID #QC4261186, Ruhl&Ruhl Realtors Bettendorf
$24,900
3
--Bd
--Ba
--sqft
Land for sale
MLS ID #QC4261191, Ruhl&Ruhl Realtors Bettendorf
$24,900
3
--Bd
--Ba
--sqft
Land for sale
MLS ID #QC4261194, Ruhl&Ruhl Realtors Bettendorf
$24,900
3
--Bd
--Ba
--sqft
Land for sale
MLS ID #QC4261180, Ruhl&Ruhl Realtors Bettendorf
Download the App Now!
4.8-star mobile app
Browse 1.6 million listings
Get instant alerts for new homes
List homes on the go
Manage showings and submit offers
Frequently Asked Questions
How have Rapids City house prices changed over the past year?
Median home prices in Rapids City have seen no change YoY, and now stand at $370,000. You can check your home's fair market value with our free home value estimator to compare prices in your neighborhood and know where you stand.
What are Rapids City real estate market predictions for 2026?
House prices in Rapids City, Illinois, should stabilize in the coming months. However, affordability remains a challenge across the Illinois housing market, due to rising mortgage rates.
What's the average home price in Rapids City?
The average house price in Rapids City depends on the property type, size, and local market conditions. Condos cost around $0, while single-family homes average $370,000. You can also find cheap homes for sale in Rapids City that fit your budget.
What is a good time to buy a home in Rapids City?
August to December is typically the best time to buy a house in Rapids City, when supply is high and demand is low. Before buying, check if mortgage rates are stable and ensure there's more than 6 months of housing inventory available. Make sure you assess the current housing market trends in Rapids City before you invest.
When will the Rapids City housing market crash?
According to housing market forecasts, the market is unlikely to crash in the near future. Home prices and demand should increase during the summer, and stabilize by winter. The market is projected to remain steady, with sustained growth through 2026 and beyond.
How to buy a home in Rapids City?
Set a clear budget and get a mortgage pre-approval. Then, explore homes for sale in Rapids City, submit your offers, secure loans, and complete the closing process.
How can I list my home for sale in Rapids City, IL?
You can list your home for sale with a Flat Fee MLS Illinois listing service. High-tech MLS listing sites like Houzeo automatically assign the right MLS paperwork based on your location. 🚀
What is the average mortgage rate for buyers in Rapids City?
The average mortgage rate for buyers fluctuates between 6.4% and 6.9%. It depends on the market and your credit score. Always check current rates with lenders before you apply.
What is a good time to sell a house in Rapids City?
February to July is typically the best time to sell a house in Rapids City, when demand is high and homes spend fewer days on the market. Carefully assess market trends in your specific area before you act.
Our MLS data sources
All sources updated daily
Median prices, rents and active inventory aggregated from MLS systems across Illinois.
Data provided by Redfin, a national real estate brokerage.
Important Legal Disclosures
*Based on Houzeo calculations of home data from MLS and/or public records.
“The market analysis provided on this page is for informational purposes only and does not constitute financial, investment, or legal advice. Data is sourced from public records, industry reports, and third-party providers, and while Houzeo strives for accuracy, we make no guarantees regarding the completeness, accuracy, or timeliness of the information presented.
All estimates, projections, and historical data are based on statistical models and should not be relied upon as predictions of future market conditions. Past performance is not indicative of future results, and real estate market conditions may change due to various economic and regulatory factors.
Users are responsible for conducting their own due diligence before making any real estate or financial decisions. Houzeo is not liable for any decisions or actions taken based on the information provided. Any unauthorized use, duplication, or distribution of the data may violate copyright laws and result in legal consequences. Certain information, tools and services on this page may be powered by third-party vendors. Houzeo does not control or guarantee the accuracy, reliability, or functionality of such third-party services.
This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Oct 7, 2026, 6:00 AM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.
Based on information submitted to the MLS GRID as of Oct 7, 2026, 6:00 AM. All data is obtained from various sources and has not been, and will not be, verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement. Properties displayed may be listed or sold by various participants in the MLS,
Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved