Are buyers active in Spearfish?

Buyer demand in Spearfish is **cautious** as of May 2026. The pending ratio is 0.24 — that's contracts under negotiation versus the homes available to buy. Homes take a median of 68 days to go under contract. Active inventory is +20.3% year over year, giving buyers more choice and slower-paced decisions. Sellers are responding: 15.2% of listings have cut price. Overall, the Primpted Sold Score for Spearfish is 24/100 (Difficult Selling Environment). — Live indicators (May 2026): Sold Score: 24/100 (Difficult Selling Environment) · Pending ratio: 0.24 · Inventory YoY: +20.3% · Median days on market: 68 · Sellers cutting price: 15.2% · Median listing price: $864,000 (-2.9% YoY)