Spearfish, SD Real Estate Market Summary – September 8, 2026

In Spearfish, SD, the real estate market has recorded a total of 13 properties sold recently, averaging about 0.43 homes sold per day. The average home has a living area of 2,871 square feet and commands a median price of $589,000.

Metric 30 Days
Number Sold 13
Sold Per Day 1 every 2.31 days
Average SQFT 2871
Median Sales Price $589,000
Average Sales Price $660,154
Average Price Per SQFT $236
Average Days on Market 12
Average Year Built 2001

 

Spearfish, SD Single Family Home Analysis

For single-family homes in Spearfish, 11 properties were sold, with an average living area of 2,999 square feet and a median sale price of $615,000.

Metric 30 Days
Number Sold 11
Sold Per Day 1 every 2.73 days
Average SQFT 2999
Median Sales Price $615,000
Average Sales Price $718,545
Average Price Per SQFT $250
Average Days on Market 12
Average Year Built 2002

 

Spearfish, SD Condo & Townhome Analysis

In the condo and townhome segment, 2 properties sold with an average living area of 2,168 square feet and a consistent median sale price of $339,000.

Metric 30 Days
Number Sold 2
Sold Per Day 1 every 15.00 days
Average SQFT 2168
Median Sales Price $339,000
Average Sales Price $339,000
Average Price Per SQFT $160
Average Days on Market 14
Average Year Built 2000

 

Buyer & Seller Analysis

  • 1 property sells every 2.31 days overall.
  • Single-family homes sell at a pace of 1 every 2.73 days.
  • Condos and townhomes sell every 15 days.
  • Average days on the market is 12, indicating a stable market.

Conclusion

Overall, the statistics indicate active movement in the Spearfish housing market, particularly with single-family homes. The median prices reflect a diverse range of homes available for potential buyers.

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