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Brookings, SD Real Estate


According to census data in the year 2000 there were 7,371 housing units in Brookings. This represents a 22.6% growth from 6,012 in 1990.

Of those housing units, 7,287 were located in either urbanized areas or urban clusters, and 84 were located in what is classified as a rural area.

Homeownership rate in Brookings is about 46.2%. Brookings's vacancy rate, including seasonal lodging, is about 5.5%. Average household size is 2.26 people.

The majority of houses, apartments or condos in Brookings were built after 1974.

Statistics

Housing Size

Housing Units by Size
Studio Type3.30%
One Bedroom16%
Two Bedrooms32%
Three Bedrooms26.90%
Four Bedrooms16.80%
Five Bedrooms or more4.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.63
Median year structure was built1967
Median Value of occupied units$93,900
Median Price asked for vacant units$143,800

Rented Homes, Apartments and Condos

Average Household Size1.95
Median year structure was built1978
Median Monthly Rent asked for vacant units$358

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage10.70%
Home Equity Loan7.70%
Simple Mortgage47.10%
Debt Free34.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.4%