Local Market0 views · 1 answer
How competitive is the Spearfish housing market?
P
Primpted Housing Analyst
Updated monthly · Data through July 2026 · v266
- Sold Score
- 23/100
- YoY Difficult Selling Environment
- Pending ratio
- 0.18
- YoY contracts vs active
- Inventory YoY
- +0.1%
- YoY active listings
- Median DOM
- 81
- YoY days on market
- Price cuts
- 25.9%
- YoY of active listings
Spearfish is soft for sellers as of July 2026, with a Sold Score of 23/100 (Difficult Selling Environment).
**Pending ratio** is 0.18 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is +11.0% — more choices for buyers than a year ago.
**Median days on market** is 81. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 25.9% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (July 2026): Sold Score: 23/100 (Difficult Selling Environment) · Pending ratio: 0.18 · Inventory YoY: +11.0% · Median days on market: 81 · Sellers cutting price: 25.9% · Median listing price: $841,000 (+1.9% YoY)
Spearfish snapshot
As of the latest 2026 data- Median listing
- $841K
- YoY +0.0%
- Active inventory
- 263
- YoY +0.1%
- Median DOM
- 81
- YoY +0.2%
- Pending ratio
- 0.18
- YoY -0.1%
- Price-reduced
- 18.1%
- YoY -0.0%