Local Market0 views · 1 answer
How competitive is the Spearfish housing market?
P
Primpted Housing Analyst
Updated monthly · Data through May 2026 · v264
- Sold Score
- 24/100
- YoY Difficult Selling Environment
- Pending ratio
- 0.24
- YoY contracts vs active
- Inventory YoY
- +0.2%
- YoY active listings
- Median DOM
- 68
- YoY days on market
- Price cuts
- 15.2%
- YoY of active listings
Spearfish is soft for sellers as of May 2026, with a Sold Score of 24/100 (Difficult Selling Environment).
**Pending ratio** is 0.24 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is +20.3% — more choices for buyers than a year ago.
**Median days on market** is 68. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 15.2% of active listings — above 25% signals sellers are widely overshooting list price.
— 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)
Spearfish snapshot
As of the latest 2026 data- Median listing
- $864K
- YoY -0.0%
- Active inventory
- 237
- YoY +0.2%
- Median DOM
- 68
- YoY +0.2%
- Pending ratio
- 0.24
- YoY -0.0%
- Price-reduced
- 10.6%
- YoY -0.0%