Spearfish, SD Housing Market
$455,619
0.6% 1-yrThe average Spearfish, SD home value is $455,619, down 0.6% over the past year, and homes go to pending in around 26 days. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Spearfish Key Takeaways
Typical Home Values: $455,619
1-Year Value Change: -0.6%
(Data through August 31, 2026)
Spearfish Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Spearfish Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Spearfish, SD?
The median home value in Spearfish, SD is $455,619 as of August 2026. This represents a 0.1% increase compared to last month and a 0.7% decrease year-over-year.
How have home values changed in Spearfish, SD?
Home values in Spearfish, SD have increased by 0.1% month-over-month and 0.7% year-over-year.
How do home values in Spearfish, SD compare to Lawrence County, South Dakota, and the national average?
The median home value in Spearfish, SD ($455,619) compares to: Lawrence County ($449,746), South Dakota ($321,574), and the U.S. national median ($368,697).