The Unshakable Investor

Unshakable ZIP Data 57783 | Spearfish, SD Housing Market

Spearfish · Lawrence County · Spearfish, SD metro · South Dakota · Data updated June 19, 2026

The median sale price in ZIP 57783, Spearfish, South Dakota is $479,858 at $222 per square foot. 57 single-family homes sold in the latest period, up 15.6 percent from a year earlier. Homes sit a median of 89 days on market with 5.7 months of supply. Sellers are getting 96.7 percent of list price and 10.9 percent of homes sold above asking.

Buyer leverage market. Negotiate hard.

Value anchors

MetricValueYear over year
Average single-family value$457,135
Average price per sq ft$211
Median sale price$479,858
Median sale price per sq ft$222
Median home size2,166 sq ft
Median new listing price$594,915+3.5%
National size rank7,380

Sales activity

MetricValueYear over year
Homes sold57+15.6%
Median days on market89 days
Months of supply5.7 months
New listings84-7.4%
Active listings162-3.0%
Pending sales65+11.8%

Pricing power

MetricValueYear over year
Average sale-to-list ratio96.7%-1.2 pts
Share sold above list10.9%+0.7 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

2-bedroom
$329,609
3-bedroom
$440,175
4-bedroom
$505,568
5-bedroom
$654,502

These figures describe the single-family market for Spearfish, South Dakota ZIP 57783. They are market context, not a substitute for sold comps or a formal appraisal.