Spearfish, SD Housing Market
The Spearfish housing market is not very competitive. The median sale price of a home in Spearfish was $500K last month, down 6.5% since last year. The median sale price per square foot in Spearfish is $258, up 24.6% since last year.
Spearfish Housing Market Trends
In February 2025, Spearfish home prices were down 6.5% compared to last year, selling for a median price of $500K. On average, homes in Spearfish sell after 215 days on the market compared to 79 days last year. There were 9 homes sold in February this year, up from 9 last year.

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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
- Multiple offers are rare.
- The average homes sell for about 2% below list price and go pending in around 82 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 1% below list price and go pending in around 53 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 6 months
- Some homes get multiple offers.
- The average homes sell for about 2% below list price and go pending in around 84 days.
- Hot homescan sell for around list price and go pending in around 55 days.
Spearfish Migration & Relocation Trends
View houses in Spearfish that sold recently
Recently sold homes
- $640,000 Last Sold Price4 beds3 baths2,976 sq ft2010 Branding Iron Dr, Spearfish, SD 57783List Price$650,000Sale to List2% under listDays on Market65 days2010 Branding Iron Dr, Spearfish, SD 57783
- $365,000 Last Sold Price5 beds2 baths2,128 sq ft530 W Nash St, Spearfish, SD 57783List Price$375,000Sale to List3% under listDays on Market185 days530 W Nash St, Spearfish, SD 57783
- $205,000 Last Sold Price—beds—baths—sq ftLot 9 Block 1 Cedar Berry Dr, Spearfish, SD 57783List Price$215,000Sale to List5% under listDays on Market64 daysLot 9 Block 1 Cedar Berry Dr, Spearfish, SD 57783
- $110,000 Last Sold Price3 beds2 baths1,216 sq ft1306 Foothills Dr, Spearfish, SD 57783List Price$119,000Sale to List8% under listDays on Market205 days1306 Foothills Dr, Spearfish, SD 57783
- $79,000 Last Sold Price3 beds2 baths1,200 sq ft139 Grandview Dr, Spearfish, SD 57783List Price$79,000Sale to List0% over listDays on Market150 days139 Grandview Dr, Spearfish, SD 57783
- $431,500 Last Sold Price4 beds3 baths2,292 sq ft3406 12th Ave, Spearfish, SD 57783List Price$431,500Sale to List0% over listDays on Market66 days3406 12th Ave, Spearfish, SD 57783
- $93,000 Last Sold Price—beds—baths—sq ftLot 13, Blk 11 Brooks Loop, Spearfish, SD 57783List Price$98,000Sale to List5% under listDays on Market152 daysLot 13, Blk 11 Brooks Loop, Spearfish, SD 57783
- $679,000 Last Sold Price6 beds3 baths3,262 sq ft2312 Blue Bell Loop, Spearfish, SD 57783List Price$679,000Sale to List0% over listDays on Market36 days2312 Blue Bell Loop, 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.
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