Deadwood, South Dakota.
Typical home $451,544 (+0.7% in a year). Spearfish, SD metro.
to buy the typical home at today's mortgage rate — +$1,344 (+131%) since Jan 2020.
- 1 year
- Up $3,130 +1%
- $448,415$451,544 since Sep 2025
- 5 years
- Up $79,542 +21%
- $372,002$451,544 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Deadwood$2,370
- South Dakota$1,668
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 18 years.
Typical home values in Deadwood, SD rose 0.7% over the past year — slower than the nation's +1.2%.
Living in Deadwood, Lawrence County, South Dakota
Deadwood is a city of 1,156 people in Lawrence County. Unemployment in Lawrence County was 1.9% in August 2026, and the county had 0.9% more jobs in 2025 than the year before. The most people in Lawrence County work in restaurants and hotels, then schools and health care.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Deadwood is a small city in the Black Hills of Lawrence County, with a population well below that of most American towns. Homes here are valued well above what many small-town buyers might expect, and a smaller share of residents live below the poverty line than is common nationally. Winters are cold, with December the coldest month, and summers are pleasantly warm, with July the warmest.
Work. Most residents work in restaurants, hotels and entertainment, with many others in schools, hospitals and social care, in shops, or in professional and business services. Cadillac Jack's Gaming Resort, Monument Health Lead-Deadwood Hospital and Tin Lizzie Gaming Resort are among the largest workplaces in town. Unemployment across Lawrence County is low and a little lower than a year earlier, and the county has added jobs over the past year. Commutes are short, and few people work from home.
Things to do. In or beside town, the Gem Theatre and the Bella Union Saloon are both theatres, and the Adams Museum & House is a local museum. A short drive away, the D.C. Booth Historic National Fish Hatchery is a park worth a visit, and Mystic Miner Ski Resort is the nearby ski area for the colder months.
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- 682households
- 21%of adults have a degree
- 7%below the poverty line
- 14 mintypical commute
- 8%work from home
What people in Lawrence County work in
Employed residents by industry, from the Census survey. Lawrence County had 13,691 jobs in 2025, 0.9% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 38° and lows near 14°; warmest in July, with highs near 83° and lows near 56°.
Average daily high and low, 1991–2020, at the Deadwood weather station, a mile away (NOAA).
Largest workplaces in Deadwood
- Cadillac Jack's Gaming ResortCasinos118
- Monument Health Lead-deadwood HospitCritical access hospital100FTE
- Tin Lizzie Gaming ResortCasinos94
- Four PointsCasino hotels35
- Double TreeCasino hotels30
- Springhill SuitesHotels, resort, with casinos22
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 5 workplaces with 20 or more staff, 299 people in all. Hospitals come from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherVery high
- WildfireRelatively high
- HailRelatively high
- LightningRelatively high
- Inland floodingRelatively high
- Strong windRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Deadwood’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Lawrence County and the Spearfish, SD metro.
Deadwood home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Deadwood$451,544
- South Dakota$317,874
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 5 Deadwood listings — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Deadwood22.14%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Deadwood41
New listings per month
Sellers arriving at the market.
- Deadwood9
Zip codes with a Deadwood address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Deadwood — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Deadwood
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 57732 | Deadwood | 1,714 | — | $378,730 |
| 57759 | Nemo | 398 | — | $621,264 |