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Preforeclosure Homes in Spearfish, SD

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Spearfish, SD Foreclosures

How much do homes sell for in Spearfish, SD?
The average home price is currently $458,366.
In Spearfish, SD, how many homes are available?
There are currently 2 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 $3,568,207.
What is currently the cheapest priced home in Spearfish, SD?
The cheapest home for sale in Spearfish is priced at $28,093.

Living in Spearfish, SD

Spearfish, South Dakota, is a vibrant small town nestled in the Black Hills, known for its outdoor recreational activities, a friendly community, and a charming historic downtown. The area offers a blend of beautiful scenery and quality education, making it a desirable place to live and raise a family.

Current Market Conditions in Spearfish, SD

The Spearfish real estate market is currently experiencing steady growth, driven by the region's increasing popularity among new residents and investors. The area's natural beauty and outdoor lifestyle appeal to those seeking a picturesque place to call home.

Home prices have seen a slight uptick over the past few months due to higher demand, with properties selling quickly, often at or above asking price. Market competition remains strong as buyers move to capitalize on the region's thriving economy.

Home Value Estimator For Spearfish, SD

There are currently 5,974 real estate properties in Spearfish, SD, with a median automated valuation model (AVM) price of $410,723.00. 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 $458,366.00, with the most expensive house in Spearfish, SD, topping out at $3,568,207.00 and the cheapest home in Spearfish, SD, clocking in at $28,093.00. 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 Preforeclosure Homes


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