Housing in Spearfish, SD
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$750,000
Median List Price
$505,000
Price Per Sq Ft
$231
Days on Market
145
Active Inventory
58
Months of Supply
14.5
Buyer's market
Zillow Home Value
$446,586
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
36.4%
Sale-to-List Ratio
94.2%
Buyer's market
Market Activity
Source: RedfinHomes Sold
4
New Listings
16
Pending Sales
11
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$231
Median List $/SF
$257
Spearfish vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Spearfish is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$309,200
Median Rent
$941
Total Housing Units
6,238
Vacancy Rate
7.4%
Owner Occupied
48.3%
Renter Occupied
51.7%
Median Property Tax
$3,132
per year
Monthly Cost (w/ Mortgage)
$979
Housing Types
The current median sale price in Spearfish, SD is $750,000 according to Redfin data. Homes spend a median of 145 days on the market. 0.0% of homes sold above asking price. The market has 14.5 months of supply. The median price per square foot is $231. The median rent is $941 per month (Census ACS). About 48.3% of housing units are owner-occupied. The median year homes were built is 1990. There are 6,238 total housing units.