Deadwood Historic District · Photo: The original uploader was Gorilla Jones at English Wikipedia. · CC BY-SA 3.029 homes sold in Deadwood in the last year, at a typical $484K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Deadwood homes are listed.
Every place Deadwood homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Deadwood.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 86% of Deadwood’s sales, at a typical $509K
29 homes sold in the year to May 2026.
typical sale · 25 sold in 12 months
- Per square foot
- $210SD $182
- Days to sell
- 131
- Sold over asking
- 8%
- Listings with a price cut
- 14%
Multi-family (2–4 units): 2 sold, typical $207K
Townhouses: 2 sold, typical $394K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 3.4 times the 2017 price
29 sales in the last year, against 45 in 2021 and a low of 24 in 2024. The typical sale went from $143K in 2017 to $484K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $500K buys in Deadwood
Check a listing against what Deadwood homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Deadwood are back to pre-pandemic levels, with about as many homes for sale
We read every month of Deadwood’s home sales since 2015 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 29 sales.
If you’re buying in Deadwood
- Shop in May. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (3% over asking).
- Offer under asking. Buyers paid 96% of the list price on average; 7% paid over.
- You’ll usually have time. Only 14% of homes go under contract within two weeks; the typical one takes 117 days.
Spring brings both the most homes and the most bidding wars
April has the most new listings (about 5 a month), and the most competition: 19% close over asking. May offers nearly as much choice with fewer homes bid up (3%). March has the least competition (0%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and calmer than South Dakota
| Deadwood now | 2017–19 | 2021 peak | SD now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 7% | 4% | 16% | 16% |
| Gone within two weeksShare of homes under contract within 14 days | 14% | 0% | 2% | 29% |
| Listings with a price cutShare of homes for sale that cut their price | 17% | — | — | 20% |
| Price paid vs. askingAverage sale price ÷ list price | 96% | 93.3% | 96.5% | 97.5% |
| Days to sellMedian days from listing to contract | 117 | 163 | 104 | 59 |
15 homes for sale on a typical day
That’s 1.5 times the 2023 low (10) and about the 2017–19 level.
1 in 6 listings has cut its price
17% in the last year, against — in 2017–19 and 20% across South Dakota.
Source: Redfin Data Center, city market tracker, January 2015 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Deadwood home costs about $2,954 a month
Price: Deadwood’s typical sale, last 12 months. Property tax at Deadwood’s 1.1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Deadwood is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in April
The month with the most choice. December has the fewest, about 1.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $484K home, about $5,150 a year.
Taxes vs. neighborsSchools
The schools grade for Deadwood, from test results, graduation and how much students grow.
Schools in DeadwoodTypical commute
The average one-way trip to work for people who live in Deadwood.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Lead sells for less a square foot
The busier markets within 25 miles of Deadwood, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Spearfish | 159 | $477K | $214 | 6% | 92 |
| Sturgis | 101 | $340K | $202 | 14% | 83 |
| Lead | 70 | $257K | $164 | 9% | 81 |
| Summerset | 56 | $432K | $204 | 12% | 88 |
| Deadwood | 29 | $484K | $205 | 7% | 117 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Deadwood, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Deadwood. People who follow the town see it, and so do people comparing Deadwood with their own town. No commission, no listing fee.
Questions about buying a home in Deadwood
What do homes sell for in Deadwood, SD?
29 homes sold in the year to May 2026 at a typical $484K, $205 a square foot.
Is Deadwood a buyer’s or seller’s market?
A balanced market: 18 homes were for sale in May 2026 and 4 sold, about 4.5 months of supply. Buyers paid 96% of asking on average, and 17% of listings cut their price.
When is the best time to buy in Deadwood?
April brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Deadwood?
About 1.1% of a home’s value a year. On a $484K home that’s near $5,150.
Where can I see homes for sale in Deadwood?
Zillow, Redfin, Realtor.com and Homes.com all carry Deadwood’s MLS listings; the search links above open each one filtered to Deadwood.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).