Spearfish, SD Housing Market
The Spearfish housing market is somewhat competitive. The median sale price of a home in Spearfish was $534K last month, up 1.4% since last year. The median sale price per square foot in Spearfish is $216, up 0.7% since last year.
Spearfish Housing Market Trends
In June 2025, Spearfish home prices were up 1.4% compared to last year, selling for a median price of $534K. On average, homes in Spearfish sell after 49 days on the market compared to 78 days last year. There were 17 homes sold in June this year, down 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 2% below list price and go pending in around 64 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
- $148,950 Last Sold Price3 beds2 baths1,368 sq ft1019 Roughlock Ln, Spearfish, SD 57783List Price$159,900Sale to List7% under listDays on Market93 days1019 Roughlock 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
- $1,050,000 Last Sold Price4 beds3 baths3,165 sq ft7730 Brooks Loop, Spearfish, SD 57783List Price$1,050,000Sale to List0% over listDays on Market145 days7730 Brooks Loop, Spearfish, SD 57783
- $376,000 Last Sold Price—beds—baths—sq ft201 Miller Ranch Ave, Spearfish, SD 57783List Price$395,000Sale to List5% under listDays on Market22 days201 Miller Ranch Ave, Spearfish, SD 57783
- $450,000 Last Sold Price4 beds2.5 baths2,156 sq ft826 N 8th St, Spearfish, SD 57783List Price$499,800Sale to List10% under listDays on Market75 days826 N 8th St, Spearfish, SD 57783
- $395,000 Last Sold Price4 beds2 baths1,788 sq ft720 S 32nd St, Spearfish, SD 57783List Price$398,900Sale to List1% under listDays on Market55 days720 S 32nd St, Spearfish, SD 57783
- $610,000 Last Sold Price3 beds2 baths1,618 sq ft8009 Brooks Loop, Spearfish, SD 57783List Price$649,000Sale to List6% under listDays on Market55 days8009 Brooks Loop, Spearfish, SD 57783
- $399,000 Last Sold Price2 beds2 baths2,680 sq ft308 Windsor Ct, Spearfish, SD 57783List Price$399,000Sale to List0% over listDays on Market87 days308 Windsor 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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