NeighborWorks Dakota Home Resources Down Payment and Closing Costs Loan Program
Deferred second loan · Income limits
Down payment assistance · Lawrence County
Buying a home in Spearfish, SD
1 county program and 8 statewide.Spearfish has no program of its own, 1 across Lawrence County, and 8 statewide. Here is what each one offers, what the local market looks like, and who near you can walk you through it.
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What’s local to Spearfish
No program of Spearfish’s own yet
No program run for Spearfish alone is listed. A home in Spearfish can use Lawrence County’s programs below, plus the South Dakota statewide and federal ones.
The closest city that runs its own program is Rapid City, about 42 miles away. City programs usually require the home to be inside that city’s limits.
Anywhere in LawrenceAnywhere in Lawrence County
1 county program1 county program a Spearfish homebuyer can use
The Spearfish marketThe Spearfish housing market
Kinds of homes hereWhat’s for sale here, and what the programs accept
Kinds of homes in Spearfish
- 43.4% single-familysingle-family
- 9.6% townhousetownhouse
- 7.7% 2–4 units2–4 units
- 29.3% 5+ unitscondo & apartment buildings (5+ units)
- 9.9% mobile & othermobile home & other
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25024.
When Spearfish’s homes were built
pre-19401970s2020+
34.4%
of Spearfish homes were built before 1980. Pre-1978 homes come with a federal lead-paint disclosure.of homes were built before 1980. A home built before 1978 comes with a federal lead-paint disclosure, and some programs require an inspection.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25034.
$97,000
County area median income, 4 people (HUD)HUD area median income, Lawrence County, 4-person household (2026)
$65,688
Spearfish median household incomeMedian household income in Spearfish (Census, 2024)
12 of the 71 programs here set their income limit as a share of Lawrence County’s area median income, adjusted for household size. See the published limits for Lawrence County
Free help nearbyFree help near Spearfish
1 HUD-approved counseling agency within 15 miles1 HUD-approved housing counseling agency within 15 miles
Create a free account to see who’s near you and pick one.A HUD-approved counselor teaches homebuyer classes and can walk you through your options. Create a free account to see who’s near you and pick one.
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Across South Dakota and nationwide
70 statewide & federal programs8 statewide programs, plus federal options
Spearfish questions
Does Spearfish have its own down payment program?
No program run for Spearfish alone is listed. A home in Spearfish can use the 1 program that cover Lawrence County and the 8 statewide programs. Each program’s own site has the current terms.
Can I use assistance on a condo in Spearfish?
Each program sets which kinds of homes it accepts. Where the agency publishes them, the program’s page lists them; the agency confirms it for the home you choose.
What is the income limit in Lawrence County?
Each program sets its own. 12 of the programs here set theirs as a share of HUD’s area median income for Lawrence County, adjusted for household size. HUD publishes the median each year; the 2026 figure is shown above and on the published limits page.
Where can I take a homebuyer class near Spearfish?
HUD-approved housing counseling agencies teach homebuyer classes, and 1 agency is within 15 miles of Spearfish. Create a free account and take the 90-second match to see the ones near you.
ZIP codes
57783 · 57799
Sources
Sources: agency sites (July 2026), Census ACS 2024 5-year, HUD FY2026, HUD counseling list. Hey Prescott is not a lender.Programs: Hey Prescott catalog of 2,000+ programs, each verified with its agency (July 2026). Market: U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Income: HUD FY2026 income limits. Counselors: HUD list of approved housing counseling agencies. Hey Prescott is not a lender.