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Spearfish, SD Real Estate

Spearfish is a city in Lawrence County, South Dakota with a population of about 12,551. The median home value is near $309,200, and median rent runs around $941/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value
$309,200
Median Rent
$941/mo
Population
12,551
Median Income
$59,731
Median Age
37.2
Homeownership
48.3%

Monthly payment on a median Spearfish home

Example for a $309,200 home: 20% down, 30-yr at ~6.75%, SD property tax ~1.01%, 0.4% insurance.

Est. monthly (PITI)
$1,968
Principal & interest
$1,604
Property tax / mo
$260
Down payment (20%)
$61,840

Spearfish at a glance

  • 29.3% of residents 25+ hold a bachelor's degree or higher.
  • 48.3% of occupied homes are owner-occupied.
  • Median household income is $59,731.
  • Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

Other South Dakota cities

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