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632 Prospect Ave, Lead, SD, 57754

1beds
1baths
552sqft
$134,000
$243price/sqft
$1,037/moest. monthly cost
$41,480/yrincome needed

About This Home

Call Aaron Schrader Black Hills Listing Co. 605 220 8771 - Here's a cute 1 bed 1 bath home in Lead, South Dakota in the heart of the Black Hills. Close to great outdoor fun like skiing, mountain biking, ATV trails and more, plus all the fun of rolling the dice in Deadwood! Home has many updates throughout, including the bathroom, flooring, kitchen and more. Eat-in kitchen, separate living room, separate bedroom, lots of living area in a small footprint! Great views from the front porch and parking directly behind the home. This home has been used as both short and long term rental, option to purchase with furnishings. Walk to downtown Lead and get something to eat, or use it as a jumping off point for all the great things you love to do in the hills. Come take a look!

Getting Around

53
WalkingSomewhat Walkable
0
TransitVery Limited Transit
19
BikeSomewhat Bikeable

Schools

4/10
4/10

Construction

Condition

  • Year built: 1903

Materials

  • Roof: Composition
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Site Built

Interior

Appliances

  • Laundry features: Main Level

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Wood

Interior Area

  • Total structure area: 552
  • Total interior livable area: 552 sqft

Property

Details

  • Parcel number: 318100070001020

Features

  • Patio & porch: Open Deck

Lot

  • Lot size: 1,742 sqft

Parking

  • Parking features: No Garage

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Winter Weather
    Winter WeatherVery High
  • Hail
    HailRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Lightning
Winter Weather
Hail
Strong Wind
Cold Wave
Inland Flooding
Wildfire

FEMA Declared Disasters in Lawrence County and South Dakota

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $677$8,124
Home Insurance $67$804
Property Taxes $147$1,764
Electricity $146$1,755
Total$1,037$12,444

Income You'd Need if You Spent...

35% on housing$35,554/yr
40% on housing$31,110/yr
45% on housing$27,653/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.9%
12.9%
0%30.0%
Electricity Growth Rate10-year average: 2.1%
2.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.3%
-0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$243This listing

vs Other Active Listings

Avg $/sqft

ZIP 57754$267
Lawrence County$300

vs Homes Sold Last Month

Median $/sqft

ZIP 57754$310
Lawrence County$241

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-05Listed for sale$134,000
2026-03-21Contingent$134,000
2026-03-21Listing removed$1,400
2026-02-28Listed for rent$1,400
2026-01-26Price change$134,000
2025-12-18Listing removed$1,400
2025-11-12Price change$139,000
2025-10-07Listed for rent$1,400
2025-08-19Listed for sale$149,000
2025-08-18Listing removed$1,600
2025-07-20Listed for rent$1,600
2025-05-30Listing removed$1,500
2025-05-09Listed for rent$1,500
2025-03-15Listing removed$1,500
2025-01-29Listed for rent$1,500
2024-12-03Listing removed$1,500
2024-10-26Listed for rent$1,500
2024-10-09Listing removed$1,600
2024-09-27Listed for rent$1,600
2024-09-14Listing removed$1,600
2024-07-26Listed for rent$1,600
2024-05-23Listing removed--
2024-05-02Listed for rent$1,600
2024-01-22Listing removed--
2024-01-08Listed for rent$1,400
2022-09-29Sold$140,000
2020-09-11Sold$35,000

For Sale by Agent

AgentAaron Schrader
BrokerageBlack Hills Listing Company

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