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Housing in Colonial Pine Hills

33 homes sold in Colonial Pine Hills in the last year, at a typical $604K

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 Colonial Pine Hills homes are listed.

Homes for sale in Colonial Pine HillsZillowRedfinRealtor.comMore places to look ↓
Homes sold
33
June 2025 to May 2026
Typical sale price
$604K
median, weighted by sales
Price per square foot
$223
South Dakota $182
Paid vs. asking
98.4%
15% sold over asking
For sale now
10
May 2026 · 2 sold that month
What sold · last 12 months

Houses are 100% of Colonial Pine Hills’ sales, at a typical $604K

33 homes sold in the year to May 2026.

Houses$604K

typical sale · 33 sold in 12 months

Per square foot
$223SD $182
Days to sell
82
Sold over asking
15%
Listings with a price cut
27%
9 years of sales

About as many homes sell as usual, at 1.8 times the 2017 price

33 sales in the last year, against 41 in 2020 and a low of 21 in 2023. The typical sale went from $337K in 2017 to $604K.

Homes soldTypical sale price
012253750$350K$500K$650K$800K2015: 32 sold, typical $322K’152017: 22 sold, typical $337K2018: 26 sold, typical $341K’182019: 30 sold, typical $369K2020: 41 sold, typical $420K’202021: 32 sold, typical $482K2022: 22 sold, typical $615K’222023: 21 sold, typical $695K2025: 34 sold, typical $616K’25Last 12 months: 33 sold, typical $604KNow

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

What your budget buys

What $600K buys in Colonial Pine Hills

Houseat $223 a sq ft
The same money in South Dakotaat $182 a sq ft

Is this asking price fair?

Check a listing against what Colonial Pine Hills 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 Colonial Pine Hills are back to pre-pandemic levels, with about as many homes for sale

We read every month of Colonial Pine Hills’ 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, 33 sales.

If you’re buying in Colonial Pine Hills

  • Shop in April. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (6% over asking).
  • Bid near asking. Buyers paid 98.4% of the list price on average; 15% paid over.
  • You’ll usually have time. Only 38% of homes go under contract within two weeks; the typical one takes 82 days.
Best time to buy

Spring brings the homes; fall brings the bidding wars

April has the most new listings (about 5 a month), but October is the most competitive: 34% of October sales close over asking. September has the least competition (4%).

New listings a monthShare sold over asking
01.32.53.8513%27%40%Sweet spotJan: 2 new listings a month, 6% sold over asking, 100 days to sellJFeb: 1 new listings a month, 33% sold over asking, 135 days to sellFMar: 3 new listings a month, 16% sold over asking, 87 days to sellMApr: 5 new listings a month, 6% sold over asking, 107 days to sellAMay: 3 new listings a month, 27% sold over asking, 62 days to sellMJun: 3 new listings a month, 15% sold over asking, 66 days to sellJJul: 3 new listings a month, 33% sold over asking, 71 days to sellJAug: 3 new listings a month, 24% sold over asking, 60 days to sellASep: 3 new listings a month, 4% sold over asking, 78 days to sellSOct: 2 new listings a month, 34% sold over asking, 64 days to sellONov: 1 new listings a month, 21% sold over asking, 75 days to sellNDec: 0 new listings a month, 9% sold over asking, 117 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like South Dakota as a whole

Colonial Pine Hills now2017–192021 peakSD now
Sold over askingShare of sales that closed above the list price15%10%56%16%
Gone within two weeksShare of homes under contract within 14 days38%1%0%29%
Listings with a price cutShare of homes for sale that cut their price27%——20%
Price paid vs. askingAverage sale price ÷ list price98.4%98%102.1%97.5%
Days to sellMedian days from listing to contract82835759
Supply

8 homes for sale on a typical day

That’s 1.5 times the 2023 low (5), about the 2017–19 level and well under 2019’s 10.

2015: 9 for sale’152017: 6 for sale2018: 6 for sale2019: 10 for sale’192020: 7 for sale2021: 7 for sale2022: 6 for sale’222023: 5 for sale2025: 8 for saleLast 12 months: 8 for saleNow
Room to negotiate

1 in 4 listings has cut its price

27% in the last year, against — in 2017–19 and 20% across South Dakota.

2022: 25%’222023: 22%2025: 27%Last 12 months: 27%Now

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 Colonial Pine Hills home costs about $3,727 a month

Mortgage
Property tax
Insurance
Rent

Price: Colonial Pine Hills’ typical sale, last 12 months. Property tax at Colonial Pine Hills’ 1.1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Colonial Pine Hills is affordable on local pay is on Cost of living.

Before you buy in Colonial Pine Hills

Six things worth knowing

5

New listings in April

The month with the most choice. December has the fewest, about 0.

Best time to buy
1.1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $604K home, about $6,910 a year.

Taxes vs. neighbors
C

Schools

The schools grade for Colonial Pine Hills, from test results, graduation and how much students grow.

Schools in Colonial Pine Hills
21 min

Typical commute

The average one-way trip to work for people who live in Colonial Pine Hills.

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

Rapid City, Blackhawk, Rapid Valley, Summerset and Box Elder sell for less a square foot

The busier markets within 25 miles of Colonial Pine Hills, 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 Colonial Pine Hills, free

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

Questions about buying a home in Colonial Pine Hills

What do homes sell for in Colonial Pine Hills, SD?

33 homes sold in the year to May 2026 at a typical $604K, $223 a square foot.

Is Colonial Pine Hills a buyer’s or seller’s market?

A balanced market: 10 homes were for sale in May 2026 and 2 sold, about 5 months of supply. Buyers paid 98.4% of asking on average, and 27% of listings cut their price.

When is the best time to buy in Colonial Pine Hills?

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

How much are property taxes in Colonial Pine Hills?

About 1.1% of a home’s value a year. On a $604K home that’s near $6,910.

Where can I see homes for sale in Colonial Pine Hills?

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

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).