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Olivet, SD Real Estate


According to census data in the year 2000 there were 42 housing units in Olivet. This represents a 20.8% decline from 53 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 42 were located in what is classified as a rural area.

Homeownership rate in Olivet is about 84.2%. Olivet's vacancy rate, including seasonal lodging, is about 9.5%. Average household size is 1.55 people.

The majority of houses, apartments or condos in Olivet were built after 1952.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom4.80%
Two Bedrooms47.60%
Three Bedrooms33.30%
Four Bedrooms14.30%
Five Bedrooms or more0%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size1.53
Median year structure was built1950
Median Value of occupied units$25,000

Rented Homes, Apartments and Condos

Average Household Size1.67
Median year structure was built1965

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage21.40%
Debt Free78.60%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs9.9%