Belle Fourche, SD 57717 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Belle Fourche, SD—57717

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$349,000

1.7% YoY Growth

Household Income

$71,300

60.1% YoY Growth

Days on Market

46

34.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

$900

5.9% YoY Growth

1-Bed Rent

$900

1.9% YoY Growth

2-Bed Rent

$995

9.1% YoY Growth

3-Bed Rent

N/A

Home Price Trends — Belle Fourche, SD

Belle Fourche, SD lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$349,000	1.7%
Single Family	$350,000	1.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Belle Fourche, SD

As of July '25, Rentcast reports the average rent in Belle Fourche, SD is $948, with a year-over-year rent change of 5.9%. Per bedroom, the median rent as of July '25 in Belle Fourche, SD is 1-bedrooms: $900, 2-bedrooms: $995. The most common rental property sizes in Belle Fourche, SD are 2-bedroom and 3-bedroom, accounting for 66.0% and 14.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$900	$948
Studio Rent	N/A	N/A
1 Bed Rent	$900	$900
2 Bed Rent	$995	$995
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

5.5%

1 Bedroom

13.0%

2 Bedrooms

66.0%

3 Bedrooms

14.8%

4 Bedrooms

0.7%

Property Listings — Belle Fourche, SD

As of May '25, Realtor.com reports that the median days on market for a home in Belle Fourche, SD is 83. This is a increase of 45.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 11.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$338,000	-15.0%
Listing Count	48	-14.0%
Listings as % of Homes	0.6%	-14.0%
Days on Market	46	-34.0%

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Demographics — Belle Fourche, SD

As of the latest ACS Survey released in 2023, Belle Fourche, SD has a population of 8,710, which has increased by 8.9% over the past 5 years. Belle Fourche, SD is a popular place for families, as children make up 25.3% of the population. The area has a poorly educated workforce, with 19.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	8,710	8.9%
% Under 18	25.3%	-0.4%
% Seniors	18.7%	1.1%
% WFH	8.5%	57.4%
% w/ College Degree	19.0%	-18.5%

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As of the latest ACS Survey released in 2023, Belle Fourche, SD is a predominantly white area, with 88.8% of the population identifying as white. The white population has shrunk by 3.2% in the last 5 years. The second most common race or ethnicity in Belle Fourche, SD is hispanic, making up 5.0% of the population. Foreign-born residents account for 0.7% of the population in Belle Fourche, SD, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	88.8%	-3.2%
% Black	0.0%	-100.0%
% Hispanic	5.0%	31.6%
% Asian	0.2%	∞%
% Foreign Born	0.7%	0.0%

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Mortgage and Risk — Belle Fourche, SD

According to HUD data as of 2023, there were 152 mortgage originations in Belle Fourche, SD, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Belle Fourche, SD. Investor activity is low, as 4.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	152
% Conventional Loans	77.0%
% Government Loans	23.0%
% Investor Loans	4.0%
% Second Loans	2.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Belle Fourche, SD

Belle Fourche, SD lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	177
Total Units Section 8	177
% Rentals under Section 8	N/A
% Occupied Section 8	81.9%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$140	$900	$760
2 Bedroom	$5	$995	$1,000
3 Bedroom	N/A	N/A	$1,310
4 Bedroom	N/A	N/A	$1,580

Belle Fourche, SD—57717

Key Metrics at a Glance

Home Price Trends — Belle Fourche, SD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Belle Fourche, SD

% of Rental Stock

Property Listings — Belle Fourche, SD

Demographics — Belle Fourche, SD

Race and Ethnicity

Mortgage and Risk — Belle Fourche, SD

Mortgages

Rentals and Section 8 — Belle Fourche, SD

Section 8 Market Size

Section 8 Opportunity

Affordability — Belle Fourche, SD

Home Price to Income Ratio

Belle Fourche, SD — ZIP Code Boundary Map

Nearby ZIP Codes

Saint Onge, SD

Aladdin, WY

Spearfish

Beulah, WY

Spearfish, SD

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.4
Median Home Price	$349,000
Median Household Income	$71,300

Belle Fourche, SD—57717

Key Metrics at a Glance

Home Price Trends — Belle Fourche, SD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Belle Fourche, SD

% of Rental Stock

Property Listings — Belle Fourche, SD

Demographics — Belle Fourche, SD

Race and Ethnicity

Mortgage and Risk — Belle Fourche, SD

Mortgages

Rentals and Section 8 — Belle Fourche, SD

Section 8 Market Size

Section 8 Opportunity

Affordability — Belle Fourche, SD

Home Price to Income Ratio

Belle Fourche, SD — ZIP Code Boundary Map

Nearby ZIP Codes

Saint Onge, SD

Aladdin, WY

Spearfish

Beulah, WY

Spearfish, SD

Frequently Asked Questions

What is the average home price in Belle Fourche, SD 57717?

How have home prices in Belle Fourche, SD 57717 changed over the past year?

What is the home price projection for Belle Fourche, SD 57717?

What are the demographics of Belle Fourche, SD 57717?

How long does it take homes to sell in Belle Fourche, SD 57717?

What is the average rent price in Belle Fourche, SD 57717?