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Spearfish, SD
Full City Profile · South Dakota · Lawrence County County
3.3
/5.0
B
Good
12,551
Population
727/sq mi density
$59,731
Median Income
$43,516 per capita
$309,200
Home Value
$448,786 Zillow
$941
Median Rent
27.1% income on rent
47°F
Avg Temperature
276 sunny days/yr
194
Violent Crime/100K
2,263 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$59,731 median income, 1.6% unemployment
B+
Affordability
3.8 / 5.0
$309,200 home value, $941/mo rent
F
Safety
1.0 / 5.0
194 violent crimes/100K
A
Education
4.5 / 5.0
43.6% bachelor's degree or higher
Housing Overview
Median Home Value
$309,200
10% above
US avg: $281,900
Median Rent
$941/mo
19% below
US avg: $1,163/mo
Homeownership Rate
48.3%
26% below US avg (65.4%)
Total Housing Units
6,106
Median year built: 1990
Home Value by Source
Census Median
$309,200
Zillow (ZHVI)
$448,786
Median Sale Price
$552,500
Median List Price
$864,950
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
48.3%
Owner-Occupied
51.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$691/mo
1 Bedroom
$784/mo
2 Bedroom
$990/mo
3 Bedroom
$1,295/mo
4 Bedroom
$1,540/mo
Census median rent:
$941/mo
Market Indicators (Redfin)
Median Days on Market
73 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
10
Price Drops
16.1%
of listings with price reduction
Price Per Sq Ft
$201
Active Inventory
56
homes for sale
Affordability & Housing Stock
Rent Burden
27.1%
of renters spending 30%+ of income on housing
13% below US avg (31.0%)
Median Year Built
1990
Average age of housing stock: 36 years
Homeownership Rate
48.3%
Complete Housing Data
Home Values
| Census Median Value | $309,200 |
| Zillow Home Value (ZHVI) | $448,786 |
| Median Sale Price | $552,500 |
| Median List Price | $864,950 |
| Price Per Sq Ft | $201 |
Rent
| Census Median Rent | $941 |
| FMR Studio | $691 |
| FMR 1-Bedroom | $784 |
| FMR 2-Bedroom | $990 |
| FMR 3-Bedroom | $1,295 |
| FMR 4-Bedroom | $1,540 |
Market
| Days on Market | 73 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 16.1% |
| Homes Sold | 10 |
| Active Inventory | 56 |
| Price Per Sq Ft | $201 |
Ownership & Stock
| Owner-Occupied | 48.3% |
| Renter-Occupied | 51.7% |
| Homeownership Rate | 48.3% |
| Total Housing Units | 6,106 |
| Median Year Built | 1990 |
| Rent Burden | 27.1% |