Zip 57783 (Spearfish, SD) Housing

In Spearfish, SD (57783), the median housing value is $359,400 which is slightly higher than the US median value of $338,100. Additionally, the 1 year house appreciation rate in Spearfish is 15.62%, which is much higher than the appreciation rate for the US as a whole (8.27%). These statistics show that home values are increasing rapidly in this area and may be an attractive option for those looking to buy or invest in property.

The median home cost in Spearfish (zip 57783) is $359,400. Home appreciation the last 10 years has been 100.3%. Home Appreciation in Spearfish (zip 57783) is up 18.1%.

Average Age of Homes

- The median age of Spearfish (zip 57783) real estate is 32 years old

The Rental Market in Spearfish (zip 57783)

- Renters make up 37.2% of the Spearfish (zip 57783) population
- 2.0% of houses and apartments in Spearfish (zip 57783), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Spearfish, South Dakota	United States
	7,948.0	139,647,020.0
	35	42
	$359,400	$338,100
	18.1%	16.6%
	65.2%	57.0%
	100.3%	101.1%
	$10.88	$10.98
	$2,768	$2,690
	53.7%	57.4%
	10.7%	11.2%
	35.6%	31.4%
Vacant Housing
	2.0%	1.9%
	0.0%	0.4%
	0.5%	0.7%
	0.0%	0.4%
	4.2%	3.6%
	4.1%	4.1%
Value of Owner-Occupied Housing
	4.9%	2.6%
	2.3%	2.4%
	1.7%	2.8%
	4.6%	3.9%
	2.1%	4.5%
	7.0%	11.3%
	10.7%	13.0%
	28.2%	20.1%
	18.5%	13.6%
	10.2%	8.3%
	6.8%	9.7%
	0.8%	3.9%
	2.1%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.5%	0.2%
	16.4%	13.6%
	16.4%	13.6%
	15.6%	13.6%
	15.4%	13.2%
	14.3%	14.8%
	15.6%	13.6%
	8.0%	10.0%
	1.7%	4.7%
	7.6%	12.2%