Land Market Insights and Pricing in Lawrence County, South Dakota

Lawrence County, South Dakota, offers a diverse landscape for land buyers, featuring the rugged terrain of the Black Hills National Forest in the south and west, transitioning to rolling hills in the northeast. The county's crown jewel, Crooks Tower, stands at 7,137 feet, promising breathtaking views for elevated properties. Nature enthusiasts will appreciate the abundance of State Game Production Areas and the scenic Spearfish Canyon Nature Area. With a median home value of $322,680 and property taxes slightly below the national average at 0.86%, Lawrence presents an attractive market for investors. The county's economic backbone is the thriving tourism and hospitality sector, accounting for 22.5% of employment, while its low unemployment rate of 2.3% reflects a robust local economy. Major towns like Spearfish, Sturgis, and historic Deadwood are interconnected by Interstate 90 and US Highways 85 and 14A, ensuring excellent accessibility for land development opportunities.