Spearfish, SD Real Estate

According to census data in the year 2000 there were 3,907 housing units in Spearfish. This represents a 34.1% growth from 2,913 in 1990.

Of those housing units, 3,790 were located in either urbanized areas or urban clusters, and 117 were located in what is classified as a rural area.

Homeownership rate in Spearfish is about 50%. Spearfish's vacancy rate, including seasonal lodging, is about 6.4%. Average household size is 2.14 people.

The majority of houses, apartments or condos in Spearfish were built after 1977.


Housing Size

Housing Units by Size
Studio Type3%
One Bedroom18.60%
Two Bedrooms34.20%
Three Bedrooms30.70%
Four Bedrooms10.60%
Five Bedrooms or more3%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.52
Median year structure was built1977
Median Value of occupied units$92,500
Median Price asked for vacant units$87,800

Rented Homes, Apartments and Condos

Average Household Size1.76
Median year structure was built1977
Median Monthly Rent asked for vacant units$397

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage10%
Home Equity Loan6%
Simple Mortgage43.40%
Debt Free40.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.6%