Spearfish Market Report
$704,658
AVERAGE PRICE OF 87 HOMES$1,634,692
AVERAGE PRICE OF 13 MULTI-MILLION DOLLAR HOMES$822,653
AVERAGE PRICE OF 29 NEWLY BUILT HOMES$2,220,000
AVERAGE PRICE OF 2 HOMES WITH A POOL$783,666
AVERAGE PRICE OF 6 REDUCED PRICE HOMESAverage Home
| Average Price | $704,658 |
| Avg Bedrooms | 3.89 beds |
| Avg Bathrooms | 2.6 baths |
Average Price by Bedrooms
| 2 bedrooms | $325,333 |
| 3 bedrooms | $515,291 |
| 4 bedrooms | $789,660 |
| 5 bedrooms | $863,742 |
Spearfish Home Price Trends
| 4/2023 | 3/2023 | 2/2023 | 1/2023 | 12/2022 | |
|---|---|---|---|---|---|
| Total Listings | 69 | 62 | 59 | 60 | 67 |
| Average Price | $701,315 | $657,271 | $717,392 | $684,435 | $711,442 |
| Avg Price Change | +6.70% | -9.15% | +4.82% | -3.95% | +4.67% |
| Median Price | $558,600 | $535,801 | $560,465 | $532,055 | $542,521 |
| Med Price Change | +4.26% | -4.60% | +5.34% | -1.97% | +1.58% |
| Avg Bedrooms | 3.73 beds | 3.61 beds | 3.59 beds | 3.52 beds | 3.6 beds |
| Avg Bathrooms | 2.47 baths | 2.41 baths | 2.41 baths | 2.36 baths | 2.41 baths |
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 87 | $704,658 | 106 days |
| Multi-Million Dollar Homes | 13 | $1,634,692 | 180 days |
| Newly Built Homes | 29 | $822,653 | 184 days |
| Homes with a Pool | 2 | $2,220,000 | 245 days |
| Reduced Price Homes | 6 | $783,666 | 71 days |
