Spearfish, SD Housing Market
The Spearfish housing market is somewhat competitive. The median sale price of a home in Spearfish was $395K last month, down 23.1% since last year. The median sale price per square foot in Spearfish is $237, up 21.5% since last year.
Spearfish Housing Market Trends
In July 2025, Spearfish home prices were down 23.1% compared to last year, selling for a median price of $395K. On average, homes in Spearfish sell after 87 days on the market compared to 64 days last year. There were 15 homes sold in July this year, down from 24 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 59 days.
- Hot homescan sell for around list price and go pending in around 35 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
- Multiple offers are rare.
- The average homes sell for about 2% below list price and go pending in around 63 days.
- Hot homescan sell for around list price and go pending in around 46 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 121 days.
- Hot homescan sell for about 1% below list price and go pending in around 41 days.
Spearfish Migration & Relocation Trends
View houses in Spearfish that sold recently
Recently sold homes
- $659,900 Last Sold Price4 beds2 baths2,214 sq ft7923 Duke Pkwy, Spearfish, SD 57783List Price$659,900Sale to List0% over listDays on Market114 days7923 Duke Pkwy, Spearfish, SD 57783
- $255,000 Last Sold Price—beds—baths—sq ft2 Lot 2, Spearfish, SD 57783List Price$295,000Sale to List14% under listDays on Market177 days2 Lot 2, Spearfish, SD 57783
- $504,000 Last Sold Price4 beds3 baths2,560 sq ft608 Silverleaf Dr, Spearfish, SD 57783List Price$464,000Sale to List9% over listDays on Market56 days608 Silverleaf Dr, Spearfish, SD 57783
- $504,000 Last Sold Price4 beds3 baths2,216 sq ft608 Other, Spearfish, SD 57783List Price$464,000Sale to List9% over listDays on Market56 days608 Other, Spearfish, SD 57783
- $415,000 Last Sold Price5 beds2 baths2,016 sq ft3307 S 11th Ave, Spearfish, SD 57783List Price$409,900Sale to List1% over listDays on Market53 days3307 S 11th Ave, Spearfish, SD 57783
- $465,000 Last Sold Price4 beds3 baths2,896 sq ft1035 Country Club Dr, Spearfish, SD 57783List Price$479,000Sale to List3% under listDays on Market393 days1035 Country Club Dr, Spearfish, SD 57783
- $525,000 Last Sold Price4 beds2 baths2,188 sq ft607 Englewood Ct, Spearfish, SD 57783List Price$525,000Sale to List0% over listDays on Market46 days607 Englewood Ct, Spearfish, SD 57783
- $1,215,000 Last Sold Price4 beds3.5 baths3,144 sq ft2311 Gunslinger Ct, Spearfish, SD 57783List Price$1,250,000Sale to List3% under listDays on Market114 days2311 Gunslinger Ct, Spearfish, SD 57783
See all recently sold homes in Spearfish.
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Schools in Spearfish
- Elementary
- Middle
- High
GreatSchools Rating
6/10 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.
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