Photo: Jeffrey Beall · CC BY 4.0193 homes sold in Box Elder in the last year, at a typical $360K
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 Box Elder homes are listed.
Every place Box Elder homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Box Elder.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 99% of Box Elder’s sales, at a typical $359K
193 homes sold in the year to May 2026.
typical sale · 191 sold in 12 months
- Per square foot
- $197SD $182
- Days to sell
- 95
- Sold over asking
- 27%
- Listings with a price cut
- 12%
Multi-family (2–4 units): 1 sold, typical $525K
Townhouses: 1 sold, typical $358K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.8 times the 2016 price
193 sales in the last year, against 222 in 2021 and a low of 123 in 2015. The typical sale went from $197K in 2016 to $360K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $350K buys in Box Elder
Check a listing against what Box Elder 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.
Bidding wars in Box Elder are back to pre-pandemic levels, and more homes are for sale
We read every month of Box Elder’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, 193 sales.
If you’re buying in Box Elder
- Shop in September. It brings about 17 new listings a month, close to the busiest month, with fewer bidding wars (33% over asking).
- Bid near asking. Buyers paid 100% of the list price on average; 27% paid over.
- You’ll usually have time. Only 24% of homes go under contract within two weeks; the typical one takes 94 days.
Spring brings the homes; summer brings the bidding wars
March has the most new listings (about 21 a month), but July is the most competitive: 37% of July sales close over asking. September offers nearly as much choice with fewer homes bid up (33%). October has the least competition (29%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and hotter than South Dakota
| Box Elder now | 2017–19 | 2021 peak | SD now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 27% | 27% | 53% | 16% |
| Gone within two weeksShare of homes under contract within 14 days | 24% | 0% | 0% | 29% |
| Listings with a price cutShare of homes for sale that cut their price | 12% | — | — | 20% |
| Price paid vs. askingAverage sale price ÷ list price | 100% | 99.6% | 101.7% | 97.5% |
| Days to sellMedian days from listing to contract | 94 | 76 | 67 | 59 |
72 homes for sale on a typical day
That’s twice the 2015 low (35) and 68% more than in 2017–19.
1 in 8 listings has cut its price
12% in the last year, against — in 2017–19 and 20% across South Dakota.
Box Elder ranks 2nd of 19 busy South Dakota markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Box Elder is one of the state’s hottest markets.
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.
Owning the typical Box Elder home costs about $2,277 a month
Price: Box Elder’s typical sale, last 12 months. Property tax at Box Elder’s 1.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Box Elder is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in March
The month with the most choice. December has the fewest, about 8.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $360K home, about $4,790 a year.
Taxes vs. neighborsSchools
The schools grade for Box Elder, from test results, graduation and how much students grow.
Schools in Box ElderTypical commute
The average one-way trip to work for people who live in Box Elder.
Work & commuteCheck 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 hazardsLook 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.
No busy market nearby sells for less a square foot
The busier markets within 25 miles of Box Elder, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Rapid City | 1,048 | $345K | $204 | 14% | 73 |
| Box Elder | 193 | $360K | $198 | 27% | 94 |
| Rapid Valley | 115 | $320K | $212 | 17% | 70 |
| Summerset | 56 | $432K | $204 | 12% | 88 |
| Colonial Pine Hills | 33 | $604K | $223 | 15% | 82 |
| Blackhawk | 30 | $375K | $197 | 23% | 62 |
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.
Post your home to Box Elder, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Box Elder. People who follow the town see it, and so do people comparing Box Elder with their own town. No commission, no listing fee.
Questions about buying a home in Box Elder
What do homes sell for in Box Elder, SD?
193 homes sold in the year to May 2026 at a typical $360K, $198 a square foot.
Is Box Elder a buyer’s or seller’s market?
A buyer’s market: 86 homes were for sale in May 2026 and 13 sold, about 6.6 months of supply. Buyers paid 100% of asking on average, and 12% of listings cut their price.
When is the best time to buy in Box Elder?
March brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Box Elder?
About 1.3% of a home’s value a year. On a $360K home that’s near $4,790.
Where can I see homes for sale in Box Elder?
Zillow, Redfin, Realtor.com and Homes.com all carry Box Elder’s MLS listings; the search links above open each one filtered to Box Elder.
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).