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Springfield, SD Real Estate


According to census data in the year 2000 there were 387 housing units in Springfield. This represents a 1.3% growth from 382 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 387 were located in what is classified as a rural area.

Homeownership rate in Springfield is about 72.6%. Springfield's vacancy rate, including seasonal lodging, is about 9.6%. Average household size is 2.21 people.

The majority of houses, apartments or condos in Springfield were built after 1958.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom11.40%
Two Bedrooms36.40%
Three Bedrooms29.50%
Four Bedrooms21.20%
Five Bedrooms or more1.60%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.42
Median year structure was built1958
Median Value of occupied units$60,400
Median Price asked for vacant units$262,500

Rented Homes, Apartments and Condos

Average Household Size1.64
Median year structure was built1958
Median Monthly Rent asked for vacant units$175

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.30%
Home Equity Loan1.40%
Simple Mortgage36.70%
Debt Free59.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.1%