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About Spearfish

Spearfish is known as “The Queen City,” named for the three peaks surrounding the valley that form a crown. This outdoorsy, suburban city of 13,000 in the northern Black Hills of western South Dakota attracts outdoor enthusiasts, families, retirees and second-homeowners with its natural beauty and small-town vibe. “Spearfish is different from any other town. Imagine mountain towns in Colorado like Breckenridge, Vail, Aspen and Telluride. It’s like that only on a less expensive, less bougie scale,” Christian Morrison, a Realtor with Keller Willi ...

Home Trends in Spearfish, SD

Home Trends

Median Price (12 Mo)
$515,000
Median Single Family Price
$560,000
Median Townhouse Price
$349,500
Median 2 Bedroom Price
$342,000
Average Price Per Sq Ft
$264
Number of Homes for Sale
71
Last 12 months Home Sales
267
Months of Supply
3.20
Median List Price
$575,000
Median Discount From 1st List Price
3%
Median Home Sale Price YoY Change
6%
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