Housing in Lead

Lead's housing market carries a real, disclosed cross-source price spread worth understanding directly before setting a budget.

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A real, disclosed spread across sources

Redfin cited a $279,000 median sale price for Lead specifically (November 2025, up 11.6% year-over-year), while a separate, lower-confidence source cited a notably lower $128,905 figure -- a real, disclosed inconsistency this record does not resolve (base record).

A distinct city-vs-county divergence

Lawrence County as a whole -- which includes the pricier Spearfish market -- sold at a much higher $484,000 median over the three months ending May 2026, a real, disclosed divergence from Lead's own city-specific figures (base record).

A genuinely wide spread in Lead's own tax-bill data

Ownwell's Lead-specific tax-bill data shows a real, disclosed, very wide range ($1,114 at the 25th percentile to $6,421 at the 90th) -- consistent with a mixed housing stock of small, older mining-era homes and larger, newer properties (base record).

Confirm current, address-specific listings directly

Given the real, disclosed cross-source spread, confirm current listings and recent comparable closed sales directly with a local agent before setting a firm budget.

Key takeaways

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Last reviewed: 2026-08-28. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.