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Single Family ResidenceResidential
$700,981
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 84How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

7940 ERICKSON RANCH RD

RAPID CITY, SD 57702
0
Baths
2.44 ac
Lot SizeThe size of the land the home sits on, from county records.

Valuation

$701K
$589K low$813K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$428,981
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$343,185
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.40%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$272,000
BANKWEST INC · recorded May 10, 2011

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,537 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$542,873 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$77,200
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$465,673
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$542,873

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMeade
Lot (acres)The size of the land the home sits on, from county records.2.44

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Piedmont Valley Elementary - 05B+
Elementary · Grades KG–4 · 7.7 mi
H
Sturgis Brown High School - 01B+
High · Grades 9–12 · 20.1 mi
M
Sturgis Williams Middle School - 02B-
Middle · Grades 5–8 · 21.0 mi

District: Meade School District 46-1

Neighborhood · ZIP 57702These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.86
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.105
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.34

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.93%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.27%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.5.5%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.5%
PopulationHow many people live in this area.42,356
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.141 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$84,353
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$115,376
Average tempThe average temperature here across a full year.43°F
Annual precipHow much rain and melted snow falls here in a typical year.22 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.63%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

7940 Erickson Ranch Rd measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 92% of homes in Meade County
  • Has a bigger lot than 86% of homes in Rapid City 57702

What homes are worth in Rapid City 57702

Each bar is how many homes fall in that price range. The marker is this home.

This home
$229K$1.4M

This home is worth more than 80% of homes in Rapid City 57702.

How it measures up in Rapid City 57702

The dot is this home. The mark in the middle is the typical home in Rapid City 57702.

Estimated value$700,981
CheaperTypical $460,018Pricier

Pricier than 80% of homes nearby

Lot size2.44 ac
SmallerTypical 0.33 acBigger

Bigger than 86% of homes nearby

How 7940 Erickson Ranch Rd ranks against every home in each area.
MeasureThis homeRapid City 57702Meade County
Estimated valuepricier than$700,98180% of homes92% of homes
Lot sizebigger than2.44 ac86% of homes67% of homes

About 7940 Erickson Ranch Rd

How much is 7940 Erickson Ranch Rd, Rapid City, SD worth?

The TopHap Estimate for 7940 Erickson Ranch Rd, Rapid City, SD is $700,981 as of Jul 14, 2026. The likely range is $589,382 to $812,580. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

What schools serve 7940 Erickson Ranch Rd, Rapid City, SD?

7940 Erickson Ranch Rd, Rapid City, SD is assigned to Piedmont Valley Elementary - 05 (elementary), rated B+; Sturgis Brown High School - 01 (high), rated B+; Sturgis Williams Middle School - 02 (middle), rated B-. All sit in Meade School District 46-1. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 7940 Erickson Ranch Rd, Rapid City, SD compare to other homes in Rapid City 57702?

Among the 12,949 homes in Rapid City 57702, it is worth more than 80% of them ($700,981 against a typical $460,018) and its lot is bigger than 86% of them (2.44 ac against a typical 0.33 ac). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 7940 Erickson Ranch Rd, Rapid City, SD?

The 2025 property tax bill for 7940 Erickson Ranch Rd, Rapid City, SD was $5,537. The county assessed it at $542,873.

More homes on Erickson Ranch Rd

Closest homes

More homes in Rapid City 57702

Assigned schools

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