Elk Point, SD Real Estate

According to census data in the year 2000 there were 746 housing units in Elk Point. This represents a 25% growth from 597 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 746 were located in what is classified as a rural area.

Homeownership rate in Elk Point is about 75.8%. Elk Point's vacancy rate, including seasonal lodging, is about 9%. Average household size is 2.43 people.

The majority of houses, apartments or condos in Elk Point were built after 1966.


Housing Size

Housing Units by Size
Studio Type3.90%
One Bedroom10.50%
Two Bedrooms31.20%
Three Bedrooms32.70%
Four Bedrooms18%
Five Bedrooms or more3.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.63
Median year structure was built1962
Median Value of occupied units$81,300
Median Price asked for vacant units$112,500

Rented Homes, Apartments and Condos

Average Household Size1.79
Median year structure was built1970
Median Monthly Rent asked for vacant units$1,103

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.90%
Second Mortgage5.50%
Home Equity Loan5.30%
Simple Mortgage53.80%
Debt Free34.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.1%