Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Spearfish area can be challenging. Home prices in Spearfish are now at a median cost of $253,519, higher than the South Dakota average of $199,518.
The average cost of rent is $883/mo in Spearfish, primarily driven by the current value of real estate in the Spearfish area. While nearly 46.21% of residents own their homes outright in Spearfish, 35.80% rent.
Housing affordability isn’t just about home prices, though. The average household income in Spearfish is $5,372 per month. Households that rent pay about 16.43% of their income on rent here. Spearfish's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- St. Onge, SD: higher priced homes
- Central City, SD: less expensive homes
- Savoy, SD: equally priced homes
- Trojan, SD: equally priced homes
- Lead, SD: less expensive homes
- Deadwood, SD: less expensive homes
- Belle Fourche, SD: less expensive homes
- Whitewood, SD: less expensive homes
- Fruitdale, SD: equally priced homes
- Beulah, WY: less expensive homes
Cities with Similar Populations
- Veradale, WA: higher priced homes
- Conshohocken, PA: higher priced homes
- Dayton, TN: less expensive homes
- Delmar, NY: higher priced homes
- Denville, NJ: higher priced homes
- Webster, MA: higher priced homes
- Vincentown, NJ: higher priced homes
- Verona, PA: less expensive homes
- Vermilion, OH: less expensive homes
- Verdigris, OK: less expensive homes
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