Spearfish, SD Housing Market
The Spearfish housing market is somewhat competitive. The median sale price of a home in Spearfish was $520K last month, down 1.3% since last year. The median sale price per square foot in Spearfish is $207, down 3.7% since last year.
Spearfish Housing Market Trends
In June 2025, Spearfish home prices were down 1.3% compared to last year, selling for a median price of $520K. On average, homes in Spearfish sell after 47 days on the market compared to 78 days last year. There were 18 homes sold in June this year, up from 18 last year.

How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Spearfish housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 3% below list price and go pending in around 66 days.
- Hot homescan sell for around list price and go pending in around 41 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Multiple offers are rare.
- The average homes sell for about 4% below list price and go pending in around 110 days.
- Hot homescan sell for about 1% below list price and go pending in around 41 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 56 days.
- Hot homescan sell for around list price and go pending in around 39 days.
Spearfish Migration & Relocation Trends
View houses in Spearfish that sold recently
Recently sold homes
- $345,000 Last Sold Price2 beds2 baths1,236 sq ft950 Country Club Dr, Spearfish, SD 57783List Price$349,000Sale to List1% under listDays on Market26 days950 Country Club Dr, Spearfish, SD 57783
- $425,000 Last Sold Price4 beds3 baths2,212 sq ft1314 Cardinal Ct, Spearfish, SD 57783List Price$425,000Sale to List0% over listDays on Market91 days1314 Cardinal Ct, Spearfish, SD 57783
- $219,500 Last Sold Price3 beds2 baths1,800 sq ft1222 Foothill Dr, Spearfish, SD 57783List Price$219,500Sale to List0% over listDays on Market54 days1222 Foothill Dr, Spearfish, SD 57783
- $345,000 Last Sold Price3 beds2 baths2,124 sq ft207 Yellowstone Pl, Spearfish, SD 57783List Price$399,900Sale to List14% under listDays on Market145 days207 Yellowstone Pl, Spearfish, SD 57783
- $368,500 Last Sold Price4 beds3 baths1,820 sq ft1420 Woodburn Dr, Spearfish, SD 57783List Price$378,500Sale to List3% under listDays on Market16 days1420 Woodburn Dr, Spearfish, SD 57783
- $405,000 Last Sold Price4 beds2 baths1,548 sq ft3210 Ridge Rd, Spearfish, SD 57783List Price$409,900Sale to List1% under listDays on Market48 days3210 Ridge Rd, Spearfish, SD 57783
- $331,000 Last Sold Price2 beds2 baths1,043 sq ft1233 Silverbrook Ln, Spearfish, SD 57783List Price$335,000Sale to List1% under listDays on Market35 days1233 Silverbrook Ln, Spearfish, SD 57783
- $325,000 Last Sold Price4 beds2 baths1,560 sq ft1414 Lookout Valley Ct, Spearfish, SD 57783List Price$325,000Sale to List0% over listDays on Market77 days1414 Lookout Valley Ct, Spearfish, SD 57783
See all recently sold homes in Spearfish.
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Schools in Spearfish
- Elementary
- Middle
- High
GreatSchools Rating
5/10 Creekside Elementary - 07 Public • 3-5 | 498 Students | 2 reviews |
NR West Elementary - 03 Public • 1-2 | 352 Students | 2 reviews |
NR Mountain View Elementary - 08 Public • K | 168 Students | N/A |
NR Black Hills Academy At Canyon Hills Elementary - 09 Public • 4-8 | 2 Students | N/A |
NR Black Hills Academy At Canyon Hills - 08 Public • 4-8 | - Students | N/A |
Climate's impact on Spearfish housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Spearfish.
Flood Factor
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