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Short Sale Listings in Spearfish, SD

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Foreclosure Homes in Spearfish, SD

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Spearfish, SD area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Spearfish, SD and much more. Save thousands at closing with home foreclosure listings in Spearfish, SD — up to 75% off market value!


Top Reasons To Live In Spearfish, SD In 2021

Spearfish is located in Lawrence, South Dakota, with an estimated municipal population of 11,756 residents. All of the best foreclosed homes for sale in Spearfish are located in the following zip code areas on Foreclosure.com: 57783 57799. The estimated population per square kilometer (.62 miles) in Spearfish is 275.


Cost Of Living In Spearfish, SD

So, about how much do homes cost in Spearfish? The most recent median value of resident-owned homes in Spearfish is 210,598. An estimated 52.8 percent of households in Spearfish own their homes, with an average family size of 2.75. The median household income in Spearfish is 46,193, with21.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Spearfish, the median commute time of resident workers (in minutes) is 16.2. And last, but certainly not least, are you looking for homes to rent in Spearfish? If so, the average rent price paid by renters in Spearfish is 763, according to recent statistics.


Diversity And Demographics In Spearfish, South Dakota

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Spearfish, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Spearfish is 36.1, split between 46.6 percent male versus 53.4 female. The percentage of residents who report being married in Spearfish is 41.4, with an average family size of 2.75.

The percentage of residents who report their race in Spearfish is as follows:

White 93.3%
Black / African American 0.8%
Asian 1.2%
American Indian / Alaskan Native 2.2%
Native Hawaiian / Other Pacifc Islander 0.1%
Multi-racial 2.5%
Other 0%

Looking for family-friendly neighborhoods in and/or near Spearfish? Or maybe you are searching for 55+ active adult communities in and/or near Spearfish?

The percentage of residents who report their age in Spearfish is as follows:

Under 10 9%
Aged 10-19 14.3%
20s 19.7%
30s 11.7%
40s 7.9%
50s 10%
60s 12.1%
70s 7.6%
80+ 7.7%

Best Schools In Spearfish, South Dakota

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Spearfish with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Spearfish.


Pros And Cons Of Living In Spearfish, South Dakota

How do you know that living in -- or moving to -- Spearfish is right where you need to be? Perhaps you grew up in Spearfish or already live nearby; therefore, the decision to buy a home in Spearfish is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Spearfish for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Spearfish:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Spearfish.


Reasons To Move To Spearfish, South Dakota, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Spearfish can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Spearfish, meanwhile, can field multiple offers from more qualified buyers.

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