Sioux Falls, SD Real Estate
According to census data in the year 2000 there were 51,724 housing units in Sioux Falls.
This represents a 24.4% growth from 41,568 in 1990.
Of those housing units, 51,397 were located in either urbanized areas or urban clusters, and 327 were located in what is classified as a rural area.
Homeownership rate in Sioux Falls is about 61%.
Sioux Falls's vacancy rate, including seasonal lodging, is about 3.8%.
Average household size is 2.4 people.
The majority of houses, apartments or condos in Sioux Falls were built after 1974.
|Housing Units by Size|
|Five Bedrooms or more||3.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.67|
|Median year structure was built||1973|
|Median Value of occupied units||$101,700|
|Median Price asked for vacant units||$76,000|
Rented Homes, Apartments and Condos
|Average Household Size||1.97|
|Median year structure was built||1975|
|Median Monthly Rent asked for vacant units||$469|
Owners Finance Status
|Second Mortgage & Equity Loan||0.60%|
|Home Equity Loan||10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.7%|