Housing Market in Spearfish
Spearfish's housing market runs genuinely, meaningfully above South Dakota's own statewide average, a real Black Hills tourism/amenity premium this record discloses directly.
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Learn moreA genuinely elevated anchor figure
Zillow's average home value ran approximately $413,219 (down a modest 0.4% year-over-year).
A separate, closely aligned median-sale citation
A separate April 2026 citation put the median sale price at $418,500 across 16 sales, with homes spending approximately 60 days on market.
A real premium over the statewide average
Spearfish's housing costs run approximately 29% above South Dakota's own statewide average home value, roughly at parity with the national median comparison figure this dataset uses elsewhere.
Key takeaways
- Spearfish's average home value ran approximately $413,219 as of 2026.
- The market carries a real, disclosed premium over both South Dakota's statewide average and, closely, the national median.
- Confirm current, specific listing and closing data directly with a local agent.
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