Spearfish, SD

Metro area in South Dakota · Updated Jan 2026

12-Month Forecast ↑ +1.7%

Median Home Value

$437,255

→ 0.0%

Year-over-year

Median Rent

$1,398/mo

Year-over-year

Rental Yield

3.8%

Average yield

5-Year Appreciation

+39.1%

Active Listings

206

For-sale inventory

Price-to-Rent Ratio

26.1

Favors renting

Price Forecast

1 Month

↑ +0.4%

3 Months

↑ +0.7%

12 Months

↑ +1.7%

5-Year Price Trend

Calculate your mortgage for Spearfish, SD

See monthly payments for a $437,255 home →

Should you rent or buy in Spearfish, SD?

Price-to-rent ratio: 26.1x — Renting may be smarter. Run a full breakeven analysis with Spearfish, SD numbers pre-filled →

Frequently Asked Questions