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Foreclosure Homes in Spearfish, SD 57783

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Spearfish, SD Foreclosures

How much do homes sell for in Spearfish, SD?
The average home price is currently $453,267.
In Spearfish, SD, how many homes are available?
There are currently 4 active home listings available in Spearfish.
What’s the average rental cost in Spearfish, SD?
The average rental price in Spearfish is $1,359.
What is the most expensive home in Spearfish?
The most expensive home sold in Spearfish had a price of $3,591,331.
What is currently the cheapest priced home in Spearfish, SD?
The cheapest home for sale in Spearfish is priced at $28,275.

Living in Spearfish, SD

Spearfish, SD is a charming small town surrounded by the breathtaking Black Hills. The area emphasizes an active outdoor lifestyle while providing ample local amenities, including dining, arts, and education. With a tight-knit community feel, Spearfish is perfect for families and individuals seeking both adventure and a welcoming place to call home.

Current Market Conditions in Spearfish, SD

The real estate market in Spearfish, SD is currently experiencing steady growth, with an increase in demand for homes, especially due to the influx of new residents attracted by the area's natural beauty and quality of life.

Prices have been on the rise, making it a favorable time for homeowners looking to sell, while buyers are encouraged to act quickly to secure properties in this sought-after location.

Home Value Estimator For Spearfish, SD

There are currently 5,972 real estate properties in Spearfish, SD, with a median automated valuation model (AVM) price of $409,468.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Spearfish, SD, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Spearfish, SD, is $453,267.00, with the most expensive house in Spearfish, SD, topping out at $3,591,331.00 and the cheapest home in Spearfish, SD, clocking in at $28,275.00. In other words, there’s something for every potential homebuyer or savvy investor in Spearfish, SD!

Rent Prices In Spearfish, SD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Spearfish, SD, is on a rollercoaster ride. The average rent price in Spearfish, SD, is $1,359.00. Indeed, when looking to rent in Spearfish, SD, you can expect to pay as little as $540.00 or as much as $2,020.00, with the average rent median estimated to be $1,340.00. The good news is that finding an affordable and desirable property to rent in Spearfish, SD -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Spearfish, SD 57783 Foreclosures

Market Trend for Spearfish, SD

Total Listings Available: 4

Market Values:

Home Prices from $28,275 to $3,591,331

Average Sales Price: $453,267

Rental Values:

Rental from $540 to $2,020

Average Rent Value: $1,359 / month

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