Belle Fourche, SD housing market
The typical Belle Fourche home is worth about $340,000, up 2.1% in a year, 6% above the South Dakota typical home.
Home values, sales, trends and how Belle Fourche compares with the towns next door — updated as new data is published.
Belle Fourche at a glance
Typical home value, 2016–2026
Show as a table
| January | Belle Fourche | South Dakota |
|---|---|---|
| 2017 | $231,000 | $186,000 |
| 2018 | $235,000 | $195,000 |
| 2019 | $248,000 | $203,000 |
| 2020 | $256,000 | $215,000 |
| 2021 | $281,000 | $235,000 |
| 2022 | $334,000 | $272,000 |
| 2023 | $379,000 | $297,000 |
| 2024 | $333,000 | $301,000 |
| 2025 | $339,000 | $312,000 |
| 2026 | $342,000 | $319,000 |
| August 2026 | $340,000 | $322,000 |
21 new homes permitted in 2025
Builders were permitted 21 new homes in Belle Fourche in 2025: 17 single-family houses and 4 in buildings with two or more homes, worth about $6.1 million to build. That's 3.6 per 1,000 residents, slower than across South Dakota (6.6). Over the past 10 years, Belle Fourche has permitted 157 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Belle Fourche gained 23 residents while 136 new homes were permitted: about 0.2 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. Across South Dakota: 1.6 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 16 | 14 | 2 | $4.5 million |
| 2025 | 21 | 17 | 4 | $6.1 million |
| 2024 | 17 | 17 | 0 | $5.4 million |
| 2023 | 9 | 9 | 0 | $2.6 million |
| 2022 | 12 | 12 | 0 | $4.3 million |
| 2021 | 32 | 29 | 3 | $8.7 million |
| 2020 | 16 | 16 | 0 | $4.4 million |
| 2019 | 8 | 8 | 0 | $2.5 million |
| 2018 | 9 | 9 | 0 | $2.3 million |
| 2017 | 20 | 14 | 6 | $3.3 million |
| 2016 | 13 | 10 | 3 | $1.9 million |
| 2015 | 18 | 7 | 11 | $1.3 million |
| 2014 | 11 | 9 | 2 | $1.5 million |
| 2013 | 17 | 17 | 0 | $11.4 million |
| 2012 | 17 | 17 | 0 | $2.3 million |
| 2011 | 9 | 9 | 0 | $692,000 |
| 2010 | 14 | 12 | 2 | $1.8 million |
| 2009 | 30 | 12 | 18 | $3.1 million |
| 2008 | 24 | 22 | 2 | $2.8 million |
| 2007 | 39 | 39 | 0 | $3.7 million |
| 2006 | 46 | 35 | 11 | $5.9 million |
| 2005 | 40 | 37 | 3 | $4.2 million |
| 2004 | 33 | 26 | 7 | $3 million |
| 2003 | 20 | 15 | 5 | $1.6 million |
| 2002 | 9 | 9 | 0 | $630,000 |
| 2001 | 16 | 16 | 0 | $1.3 million |
| 2000 | 12 | 8 | 4 | $665,000 |
How Belle Fourche ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
5.2 years of income
The typical Belle Fourche home costs about 5.2 years of the town's median household income, more than across South Dakota (4.3 years).
How Belle Fourche ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,090
HUD's Fair Market Rent for a two-bedroom in Belle Fourche is $1,090 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Belle Fourche pay a median of $983, so moving in tends to cost more than staying put. A two-bedroom takes about 20% of the town's median household income.
Studio $800 · 4 bedrooms $1,730
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (57717; Carter County, MT), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.