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Pierre, SD Real Estate


According to census data in the year 2000 there were 5,979 housing units in Pierre. This represents a 10.9% growth from 5,390 in 1990.

Of those housing units, 5,458 were located in either urbanized areas or urban clusters, and 521 were located in what is classified as a rural area.

Homeownership rate in Pierre is about 63.5%. Pierre's vacancy rate, including seasonal lodging, is about 6.5%. Average household size is 2.36 people.

The majority of houses, apartments or condos in Pierre were built after 1972.

Statistics

Housing Size

Housing Units by Size
Studio Type3.70%
One Bedroom13.20%
Two Bedrooms27.60%
Three Bedrooms33.70%
Four Bedrooms17.40%
Five Bedrooms or more4.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.72
Median year structure was built1972
Median Value of occupied units$94,800
Median Price asked for vacant units$85,000

Rented Homes, Apartments and Condos

Average Household Size1.73
Median year structure was built1972
Median Monthly Rent asked for vacant units$332

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage10.30%
Home Equity Loan9.10%
Simple Mortgage50.70%
Debt Free29.50%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs15.7%