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    Spearfish, SD
    Agricultural

    Spearfish, SD Agricultural Land / Farmland for Sale

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    Lead, SD Belle Fourche, SD Whitewood, SD Deadwood, SD Sturgis, SD Beulah, WY Aladdin, WY Sundance, WY
    Rural Land Parcel
    Updated: May 8, 2025
    Rural Land Parcel

    Centennial Road, Spearfish, SD 57783

    $1,115,000
    38.45 AC lot
    38+/- acres just minutes from downtown Spearfish
    Located on Centennial Road with expansive views of the surrounding Black Hills and prairie
    Gently rolling terrain with open space across the parcel
    No covenants reported; freedom to build a custom home or develop a hobby farm
    Access includes South Rainbow Road from the north and Centennial Road from the east
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    Agricultural Land Parcel
    Updated: Apr 24
    Agricultural Land Parcel

    Lot 12C WOODLAND DR, Spearfish, SD 57783

    $364,900
    Agricultural land located in Lawrence County
    Rural space suited for farming uses or long‑term investment planning
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Spearfish, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Agricultural Land Parcel With Views
    Agricultural Land Parcel With Views

    TBD WAGON BOX DR, Whitewood, SD 57793

    $790,000
    40.00 AC lot

    General Agriculture zoned land in Spruce Mountain Ranches with views of Bear Butte and convenient I-90 access.

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    Farmland Parcel on Deer Mountain Road
    Farmland Parcel on Deer Mountain Road

    Lot 40 Deer Mountain Road, Lead, SD 57754

    $405,000

    For-sale agricultural land parcel in Lawrence County, accessible via Deer Mountain Rd after US-14A.

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    231.68 Acreage South of Deadwood
    231.68 Acreage South of Deadwood

    231.68 Acres Yellow Creek Road, Lead, SD 57754

    $3,463,676
    231.68 AC lot

    231.68 acres with development potential near Lead, SD.

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    Rolling Hills Hunting and Grazing Land
    Rolling Hills Hunting and Grazing Land

    149.82+/- acres, Whitewood, SD 57793

    $4,330,087
    149.83 AC lot

    Rolling hills and meadows with a well, wooded draws, and abundant wildlife for hunting, grazing, or development.

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    Spearfish, SD Agricultural Land / Farmland Market Trends and Statistics

    Explore 2 agricultural land / farmland for sale in Spearfish, SD on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,479,900.

    Sale prices for farmlands in Spearfish, SD start at $364,900, averaging $739,950, and reaching up to $1,115,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 18K
    Population Growth (5Y) +9.0%
    Median Household Income $64,970
    College Educated 47.6%

    High-Yield Neighborhoods for Investment

    Identify Spearfish submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    57783 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 1.58%
    Property Tax per SF $27.33 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lawrence County

    New Delisted

    Total CRE Inventory on Market (SF)

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