Lead, SD Homes for Sale under $500,000

/35
$429,000
- 3 Beds
- 2.5 Baths
- 2,068 Sq Ft
118 S Galena St, Lead, SD 57754

Stunning designer-inspired restored 1896 home with breathtaking views and absolute privacy. This home has no street in front of it, keeping it serene and secluded, making it a perfect retreat from the hustle and bustle of everyday life. Updated insulation ensures comfort year-round, while the restored front porch invites you to relax and enjoy the peaceful surroundings. The expansive Trex decking

Michael Warwick

Great Peaks Realty

(605) 674-6060

118 S Galena St, Lead, SD 57754
/31
$499,000
- 2 Beds
- 1 Bath
- 840 Sq Ft
11039 Jersey Springs Ln, Lead, SD 57754

Escape to this secluded retreat in the heart of the Black Hills of South Dakota, where tranquility and nature await. Surrounded by Forest Service land on two sides, this newer 2 bedroom, 1 bath home offers the perfect blend of comfort and self-sufficiency. Experience off-the-grid living with solar service powering the home, complemented by a cozy gas fireplace, gas range, and refrigerator.

Sandy Donahue

RE/MAX In The Hills

(605) 597-7104

11039 Jersey Springs Ln, Lead, SD 57754
/35
$429,000
- 3 Beds
- 2.5 Baths
- 2,068 Sq Ft
118 S Other Unit 123 1/2 Stone St & 1, Lead, SD 57754

Stunning designer-inspired restored 1921 home with breathtaking views and absolute privacy. This home has no street in front of it, keeping it serene and secluded, making it a perfect retreat from the hustle and bustle of everyday life. Updated insulation ensures comfort year-round, while the restored front porch invites you to relax and enjoy the peaceful surroundings. The expansive Trex-decking

Michael Warwick

GREAT PEAKS REALTY MUNRO & GRAN

(605) 307-3828

118 S Other Unit 123 1/2 Stone St & 1, Lead, SD 57754
/25
$475,000
- Land
- 3.66 Acres
- $129,781 per Acre
Lot 20R Deer Mountain Resort, Lead, SD 57754

Experience Elevated Living in the Black Hills Contact Cher Rhoades with Oak & Key Realty at 605.639.1158 for a private tour of this exclusive homesite in Deer Mountain Village; a gated community where luxury meets adventure. Nestled in the heart of the Black Hills, this premier property offers 360 panoramic views from the highest elevation community east of the Rockies. Enjoy year-round

CHER RHOADES OAK & KEY REALTY, LLC

Lot 20R Deer Mountain Resort, Lead, SD 57754
/25
$425,000
- Land
- 1.46 Acres
- $291,096 per Acre
Lot 65 Deer Mountain Resort, Lead, SD 57754

Experience Elevated Living in the Black Hills Contact Cher Rhoades with Oak & Key Realty at 605.639.1158 for a private tour of this exclusive homesite in Deer Mountain Village; a gated community where luxury meets adventure. Nestled in the heart of the Black Hills, this premier property offers 360 panoramic views from the highest elevation community east of the Rockies. Enjoy year-round

CHER RHOADES OAK & KEY REALTY, LLC

Lot 65 Deer Mountain Resort, Lead, SD 57754
/25
$425,000
- Land
- 1.33 Acres
- $319,549 per Acre
Lot 61 Deer Mountain Resort, Lead, SD 57754

Experience Elevated Living in the Black Hills Contact Cher Rhoades with Oak & Key Realty at 605.639.1158 for a private tour of this exclusive homesite in Deer Mountain Village; a gated community where luxury meets adventure. Nestled in the heart of the Black Hills, this premier property offers 360 panoramic views from the highest elevation community east of the Rockies. Enjoy year-round

CHER RHOADES OAK & KEY REALTY, LLC

Lot 61 Deer Mountain Resort, Lead, SD 57754
/44
$469,000
- 3 Beds
- 1 Bath
- 870 Sq Ft
21168 Last Chance Trail, Lead, SD 57754

Escape to your very own log cabin retreat at Terry Peak in Lead, SD! This charming 870 sq ft cabin sits on a beautiful 1⁄2 acre lot and has been meticulously maintained year after year, including a brand-new metal roof in 2024. With 3 bedrooms, 1 bath, and a cozy layout featuring rustic beams, this home is both quaint and inviting. Enjoy relaxing on the covered porch, or take advantage of

ADAM JOHNSON Pioneer Properties SD

21168 Last Chance Trail, Lead, SD 57754
/40
$435,500
- 2 Beds
- 1 Bath
- 1,008 Sq Ft
11241 Bobcat Ct, Lead, SD 57754

Bobcat Retreat – Classic A-Frame Cabin Getaway Near Deer Mountain! Welcome to Bobcat Retreat, a charming and well-maintained A-frame cabin ideally located near Deer Mountain in the scenic Black Hills. This cozy retreat offers direct access to ATV/snowmobile trails, the Mickelson Trail, and is just minutes from outdoor attractions like Spearfish Canyon (5 minutes), Deadwood (15 minutes, with taxi

Jason Tysdal Century 21 Spearfish Realty

11241 Bobcat Ct, Lead, SD 57754
/31
$495,000
- 2 Beds
- 1 Bath
- 888 Sq Ft
10819 Hagmann Ln, Lead, SD 57754

Contact Greg Klein 605-920-1342 with Century 21 Associated Realty for showings and more information. Cabin in the heart of Spearfish Canyon. A secluded retreat nestled in a magical part of the Black Hills. Uniquely situated and surrounded by forest service on 3 sides, your privacy is assured. This 2 bedroom, 1 bath cabin in Spearfish Canyon is just steps from Spearfish Creek and some of the

Greg Klein Century 21 Associated Realty

10819 Hagmann Ln, Lead, SD 57754
/48
$499,000
- 5 Beds
- 3.5 Baths
- 4,500 Sq Ft
110 W Addie St, Lead, SD 57754

You've seen this home, you've driven past and admired its grandeur and thought "That would be an incredible house to own". Well, now is your chance! Brought to you by Aaron Schrader and Black Pine Real Estate, this home is a historic icon of Lead. Once owned by the former owner of the Addie mine, this home was built when homes had style, detail and charm. This beautiful home has 5 large bedrooms

Aaron Schrader Black Pine Real Estate

110 W Addie St, Lead, SD 57754
/6
$449,000
- Land
- 12.85 Acres
- $34,942 per Acre
Lot 4 Other Unit Lot 4 Tracy Lane-Ter, Lead, SD 57785

Introducing a rare opportunity to own the highest elevation homesites in the entire Black Hills region. These exceptional lots offer panoramic- multi-state views unlike anything else on the market. Located just west of Lead, this central location provides quick access to Spearfish Canyon, skiing, golf, snowmobiling, ATV trails, mountain biking, and more! Whether you're building a year-round

Heath Gran GREAT PEAKS REALTY MUNRO & GRAN

Lot 4 Other Unit Lot 4 Tracy Lane-Ter, Lead, SD 57785
/24
$450,000
- 3 Beds
- 2 Baths
- 1,260 Sq Ft
21971 Other Unit Potato Springs Lane, Lead, SD 57754

Discover the beauty and potential of this stunning 10 + acre parcel nestled in the heart of the Black Hills. Surrounded by tall pines and serene landscapes, this property offers peace, privacy, and endless possibilities. Excellent location for both winter and the summer recreation. A spacious shop is already in place - perfect for storage, hobbies, or future improvements. The double wide home on

Dixie Olson PROPERTIES UNLIMITED REALTY, LLC

21971 Other Unit Potato Springs Lane, Lead, SD 57754
/24
$450,000
- 3 Beds
- 2 Baths
- 1,260 Sq Ft
21971 Potato Springs Ln, Lead, SD 57754

Discover the beauty and potential of this stunning 10 + acre parcel nestled in the heart of the Black Hills. Surrounded by tall pines and serene landscapes, this property offers peace, privacy, and endless possibilities. Excellent location for both winter and the summer recreation. A spacious shop is already in place - perfect for storage, hobbies, or future improvements. The double wide home on

Dixie Olson Properties Unlimited Realty

21971 Potato Springs Ln, Lead, SD 57754
/30
$499,900
- 2 Beds
- 1 Bath
- 1,440 Sq Ft
20752 Pyrite Dr, Lead, SD 57754

Enjoy the majesty of the Black Hills in a private setting conveniently located between Deadwood and Spearfish. Fully experience all 4seasons, and in particular winter with well-maintained road access to Maitland Road along with the home's orientation to capture the low winter sun in abundance. Utilize the outbuildings for your office/2nd bedroom, craft or hobby room. Take note of the private well

Tony Marshall CINC REALTY LLC

20752 Pyrite Dr, Lead, SD 57754
/37
$419,612
- 3 Beds
- 3 Baths
- 1,976 Sq Ft
311 May St, Lead, SD 57754

Fabulous Home in Lead! Many Many New Updates. Great Neighborhood! Close to Lead-Deadwood Middle and High School. Very comfortable Lead living. Great Views! Garage. Off street parking, Gorgeous lawn, Spacious deck, Hot Tub. Great Home!

Michael Percevich Real Properties of Lead - Deadwood

311 May St, Lead, SD 57754
/9
$495,000
- Land
- 2.21 Acres
- $223,982 per Acre
Lot 10 Blk 5 Not Applicable Unit South Ridge Estates, Lead, SD 57754

Listed by Jenni Sneesby - Engel & Volkers Black Hills - 605-645-1181. Stunning 2.217-Acre View Lot in Powder House Pass – South Ridge Estates Welcome to South Ridge Estates Lot 10 Blk 5, a breathtaking 2.217-acre lot nestled in the scenic beauty of Powder House Pass, South Dakota. This exceptional property offers panoramic views and the perfect canvas to build your dream home or investment

Jenni Sneesby Engel & Völkers

Lot 10 Blk 5 Not Applicable Unit South Ridge Estates, Lead, SD 57754
/9
$495,000
- Land
- 2.21 Acres
- $223,982 per Acre
Lot 10 Blk 5 Meadow Wood Way Unit South Ridge Estates, Lead, SD 57754

Listed by Jenni Sneesby - Engel & Volkers Black Hills - 605-645-1181. Stunning 2.217-Acre View Lot in Powder House Pass. Welcome to South Ridge Estates Lot 10 Blk 5, a breathtaking 2.217-acre lot nestled in the scenic beauty of Powder House Pass, South Dakota. This exceptional property offers panoramic views and the perfect canvas to build your dream home or investment property in one of the

Jenni Sneesby Engel & Völkers Black Hills Spearfish

Lot 10 Blk 5 Meadow Wood Way Unit South Ridge Estates, Lead, SD 57754
/34
$425,000
- Land
- 2.44 Acres
- $174,180 per Acre
Lot 137 Other Unit Paradise Acres IV, Lead, SD 57754

Paradise Acres IV is ready and has multiple lots available for your next home or getaway cabin. The views from this neighborhood are awesome! The lots range from 2-5 acres and have scattered trees, utilities nearby, and convenient access to the towns & activities of the Northern Black Hills. The water system in the new phase has been engineered and installed to the highest capacity standards for

Scot Munro GREAT PEAKS REALTY MUNRO & GRAN

Lot 137 Other Unit Paradise Acres IV, Lead, SD 57754
/34
$425,000
- Land
- 3.54 Acres
- $120,056 per Acre
Lot 134 Other Unit Paradise Acres IV, Lead, SD 57754

Paradise Acres IV is ready and has multiple lots available for your next home or getaway cabin. The views from this neighborhood are awesome! The lots range from 2-5 acres and have scattered trees, utilities nearby, and convenient access to the towns & activities of the Northern Black Hills. The water system in the new phase has been engineered and installed to the highest capacity standards for

Scot Munro GREAT PEAKS REALTY MUNRO & GRAN

Lot 134 Other Unit Paradise Acres IV, Lead, SD 57754
/32
$425,000
- Land
- 2.44 Acres
- $174,180 per Acre
Lot 137 Other, Lead, SD 57754

For information, contact listing agents Scot Munro 605-641-6482 or Heath Gran 605-209-2052 with Great Peaks Realty. Paradise Acres IV is ready and has multiple lots available for your next home or getaway cabin. The views from this neighborhood are awesome! The lots range from 2-5 acres and have scattered trees, utilities nearby, and convenient access to the towns & activities of the Northern

Scot Munro Great Peaks Realty

Lot 137 Other, Lead, SD 57754
/32
$425,000
- Land
- 3.54 Acres
- $120,056 per Acre
Lot 134 Other, Lead, SD 57754

For information, contact listing agents Scot Munro 605-641-6482 or Heath Gran 605-209-2052 with Great Peaks Realty. Paradise Acres IV is ready and has multiple lots available for your next home or getaway cabin. The views from this neighborhood are awesome! The lots range from 2-5 acres and have scattered trees, utilities nearby, and convenient access to the towns & activities of the Northern

Scot Munro Great Peaks Realty

Lot 134 Other, Lead, SD 57754
/8
$425,500
- Land
- 4.47 Acres
- $95,190 per Acre
Lot 12 Sugarloaf Ct, Lead, SD 57754

4.47 acres in the Powder house Pass community, This large walkout lot is accessible from both Sugarloaf Court and Rubys Way, Topography will allow you to pick from multiple building sites amongst the wooded privacy of towering spruce and birch trees. Out your back door you will have access to the Mickelson Trail, ATV trails and 250 miles of groomed snowmobile trails. This large lot is part of the

Greg Klein Century 21 Associated Realty

Lot 12 Sugarloaf Ct, Lead, SD 57754

South Dakota Lawrence County Lead

Home Trends in Lead, SD

On average, homes in Lead, SD sell after 65 days on the market compared to the national average of 52 days. The median sale price for homes in Lead, SD over the last 12 months is $235,000, up 4% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$235,000

Median Single Family Sale Price

$247,500

Median Townhouse Sale Price

$245,000

Median 2 Bedroom Sale Price

$156,000

Average Price Per Sq Ft

$222

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

5.70

Median List Price

$249,500

Median Change From 1st List Price

Median Home Sale Price YoY Change

How to Buy a Home How to Finance a Home How to Sell a Home

In Lead, you'll encounter a variety of homes and houses for sale priced under $500,000, providing affordable options for potential buyers. With 22 listings available, there's a wide selection to explore, from charming bungalows to contemporary townhouses. These properties offer an opportunity to enter the real estate market or diversify your investment portfolio without exceeding your budget. Discover the range of homes for sale under 500k in Lead, SD and find the perfect fit for your homeownership goals.

Lead Types of Homes for Sale

Lead Homes by Price

Lead Real Estate Listings

Lead New Construction Homes

More About Living in Lead

Homes in Nearby Cities

Homes in Nearby Counties

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage