Belle Fourche, SD—57717
Real Estate Data & Market Trends
Key Metrics at a Glance
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 | $330,000 | -4.3% |
| Single Family | $331,000 | -4.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $321,000 | -1.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Belle Fourche, SD
As of Oct '25, Realtor.com reports that the median days on market for a home in Belle Fourche, SD is 72. This is a increase of 59.0% 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 9.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $339,000 | -12.0% |
Listing Count | 44 | 57.0% |
| Listings as % of Homes | 0.6% | 57.0% |
Days on Market | 72 | 59.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Belle Fourche, SD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $330,000 |
| Median Household Income | $71,300 |