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.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.90% |
| One Bedroom | 10.50% |
| Two Bedrooms | 31.20% |
| Three Bedrooms | 32.70% |
| Four Bedrooms | 18% |
| Five Bedrooms or more | 3.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.63 |
| Median year structure was built | 1962 |
| Median Value of occupied units | $81,300 |
| Median Price asked for vacant units | $112,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.79 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $1,103 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.90% |
| Second Mortgage | 5.50% |
| Home Equity Loan | 5.30% |
| Simple Mortgage | 53.80% |
| Debt Free | 34.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.1% |
