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Housing in Blackhawk

30 homes sold in Blackhawk in the last year, at a typical $375K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Blackhawk homes are listed.

Homes sold
30
June 2025 to May 2026
Typical sale price
$375K
median, weighted by sales
Price per square foot
$197
South Dakota $182
Paid vs. asking
99.4%
23% sold over asking
For sale now
6
May 2026 · 3 sold that month
What sold · last 12 months

Houses are 97% of Blackhawk’s sales, at a typical $370K

30 homes sold in the year to May 2026.

Houses$370K

typical sale · 29 sold in 12 months

Per square foot
$196SD $182
Days to sell
61
Sold over asking
24%
Listings with a price cut
30%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $439K

Too few sales in 12 months for reliable figures.

9 years of sales

Fewer homes sell than a decade ago, at twice the 2016 price

30 sales in the last year, against 50 in 2019 and a low of 24 in 2023. The typical sale went from $186K in 2016 to $375K.

Homes soldTypical sale price
012253750$175K$250K$325K$400K2015: 34 sold, typical $189K’152016: 44 sold, typical $186K2017: 40 sold, typical $189K’172018: 32 sold, typical $203K2019: 50 sold, typical $227K’192020: 39 sold, typical $221K2021: 42 sold, typical $284K’212023: 24 sold, typical $335K2025: 29 sold, typical $369K’25Last 12 months: 30 sold, typical $375KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $400K buys in Blackhawk

Houseat $196 a sq ft
The same money in South Dakotaat $182 a sq ft

Is this asking price fair?

Check a listing against what Blackhawk homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 9 years of sales

Bidding wars in Blackhawk are back to pre-pandemic levels, and more homes are for sale

We read every month of Blackhawk’s home sales since 2015 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 30 sales.

If you’re buying in Blackhawk

  • Shop in April. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (21% over asking).
  • Bid near asking. Buyers paid 99.4% of the list price on average; 23% paid over.
  • You’ll usually have time. Only 41% of homes go under contract within two weeks; the typical one takes 62 days.
Best time to buy

Spring brings the homes; summer brings the bidding wars

April has the most new listings (about 5 a month), but July is the most competitive: 45% of July sales close over asking. February has the least competition (9%) but only about 2 new listings.

New listings a monthShare sold over asking
02.557.51020%40%60%Sweet spotJan: 2 new listings a month, 24% sold over asking, 110 days to sellJFeb: 2 new listings a month, 9% sold over asking, 77 days to sellFMar: 3 new listings a month, 29% sold over asking, 75 days to sellMApr: 5 new listings a month, 21% sold over asking, 64 days to sellAMay: 4 new listings a month, 28% sold over asking, 58 days to sellMJun: 5 new listings a month, 30% sold over asking, 51 days to sellJJul: 3 new listings a month, 45% sold over asking, 55 days to sellJAug: 4 new listings a month, 21% sold over asking, 65 days to sellASep: 4 new listings a month, 22% sold over asking, 56 days to sellSOct: 3 new listings a month, 30% sold over asking, 58 days to sellONov: 2 new listings a month, 19% sold over asking, 61 days to sellNDec: 1 new listings a month, 28% sold over asking, 57 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than South Dakota

Blackhawk now2017–192021 peakSD now
Sold over askingShare of sales that closed above the list price23%26%50%16%
Gone within two weeksShare of homes under contract within 14 days41%0%0%29%
Listings with a price cutShare of homes for sale that cut their price29%——20%
Price paid vs. askingAverage sale price ÷ list price99.4%98.3%101.4%97.5%
Days to sellMedian days from listing to contract62625859
Supply

10 homes for sale on a typical day

That’s 1.7 times the 2023 low (6) and 31% more than in 2017–19.

2015: 9 for sale’152016: 9 for sale2017: 8 for sale2018: 6 for sale’182019: 9 for sale2020: 6 for sale2021: 8 for sale’212023: 6 for sale2025: 10 for saleLast 12 months: 10 for saleNow

Source: Redfin Data Center, city market tracker, January 2015 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Blackhawk home costs about $2,248 a month

Mortgage
Property tax
Insurance
Rent

Price: Blackhawk’s typical sale, last 12 months. Property tax at Blackhawk’s 0.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Blackhawk is affordable on local pay is on Cost of living.

Before you buy in Blackhawk

Six things worth knowing

5

New listings in April

The month with the most choice. December has the fewest, about 1.

Best time to buy
0.9%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $375K home, about $3,490 a year.

Taxes vs. neighbors
C

Schools

The schools grade for Blackhawk, from test results, graduation and how much students grow.

Schools in Blackhawk
24 min

Typical commute

The average one-way trip to work for people who live in Blackhawk.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot; Hill City for far more

The busier markets within 25 miles of Blackhawk, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Rapid City1,048$345K$20414%73
Box Elder193$360K$19827%94
Rapid Valley115$320K$21217%70
Summerset56$432K$20412%88
Colonial Pine Hills33$604K$22315%82
Blackhawk30$375K$19723%62
Hill City20$461K$2625%136

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Blackhawk, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Blackhawk. People who follow the town see it, and so do people comparing Blackhawk with their own town. No commission, no listing fee.

Questions about buying a home in Blackhawk

What do homes sell for in Blackhawk, SD?

30 homes sold in the year to May 2026 at a typical $375K, $197 a square foot.

Is Blackhawk a buyer’s or seller’s market?

A seller’s market: 6 homes were for sale in May 2026 and 3 sold, about 2 months of supply. Buyers paid 99.4% of asking on average, and 29% of listings cut their price.

When is the best time to buy in Blackhawk?

April brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Blackhawk?

About 0.9% of a home’s value a year. On a $375K home that’s near $3,490.

Where can I see homes for sale in Blackhawk?

Zillow, Redfin, Realtor.com and Homes.com all carry Blackhawk’s MLS listings; the search links above open each one filtered to Blackhawk.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).