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Featured local agent — Deadwood, SD
Sarah Mitchell
Compass Real Estate · Deadwood, SD
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Deadwood, SD Housing Market & Real Estate
Housing market overview · Updated monthly ·
$495,000median sale price
How is the Deadwood, SD housing market right now?
The median home sale price in Deadwood, SD is $495,000, up 30.4% year-over-year. Homes sell in an average of 76 days with 18 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Deadwood a buyer's or seller's market?
Deadwood, SD is currently a buyer's market, based on 4.5 months of supply and homes selling in about 76 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
76
Average pace
Active listings
18
4.5 months supply
Sale-to-list
93.4%
Below asking
What does the Deadwood housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $495,000 |
| Median list price | $415,950 |
| Year-over-year price change | +30.4% |
| Average days on market | 76 days |
| Active inventory | 18 listings |
| Months of supply | 4.5 months |
| Sale-to-list price ratio | 93.4% |
| Median price per sq ft | $230/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 6 |
| Listings with a price cut | 16.7% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Deadwood by property type?
How the Deadwood, SD market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $525,000 | $212/sq ft | 3 | 87 days |
| Townhouse | $412,000 | $319/sq ft | 1 | 64 days |
Source: Redfin · Updated monthly
The Deadwood housing market is currently classified as a buyer's market with a median sale price of $495,000. Prices have risen 30.4% compared to last year, with homes spending an average of 76 days on market, indicating 4.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 8.8x provides context for how home values compare to local earning capacity.
Homes for sale in Deadwood
There are currently 18 homes listed for sale in Deadwood, South Dakota. The median listing price is $416K.
Active listings
18
Homes on market
Median list price
$416K
Avg. days on market
76
Days until sale
New this week
6
Newly listed
Who lives in Deadwood?
Population
1,319
Median income
$52,679/yr
Median age
51 years
Owner-occupied
49.9%
College grads
22.9%
Avg commute
14.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Deadwood?
Zillow home value
$462,070
Price-to-income
8.8x
Source: Zillow Research
What is it like to live in Deadwood?
Deadwood is a community of approximately 1K residents with a median age of 51 years.The median household income is $52,679, which represents a working-class community with solid middle-income opportunities. 22.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 49.9%, showing a blend of owner and renter-occupied properties. The average commute time is 14.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Deadwood offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Deadwood?
1 schools tracked · 244 students
The largest public schools serving Deadwood, SD by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Lead-Deadwood Elementary - 03
Grades K-5 · 244 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Deadwood, SD?
Want a head-to-head view? Compare Deadwood side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Deadwood?
The median home sale price in Deadwood is $495,000, up 30.4% from last year.
How long do homes stay on market in Deadwood?
Homes typically spend 76 days on market before going under contract.
What is the median income in Deadwood?
The median household income is $52,679 per year.
Is Deadwood a buyer's or seller's market?
With 4.5 months of supply, Deadwood is currently a buyer's market.
What is the Zillow home value estimate for Deadwood?
The Zillow Home Value Index (ZHVI) for Deadwood is $462,070, representing the typical home value in the area.
How much does a single-family home cost in Deadwood?
The median single-family home price in Deadwood, SD is $525,000 (about $212 per square foot).
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