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Valley Springs, SD Real Estate


According to census data in the year 2000 there were 303 housing units in Valley Springs. This represents a 7.4% growth from 282 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 303 were located in what is classified as a rural area.

Homeownership rate in Valley Springs is about 71.5%. Valley Springs's vacancy rate, including seasonal lodging, is about 1.7%. Average household size is 2.61 people.

The majority of houses, apartments or condos in Valley Springs were built after 1964.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom4%
Two Bedrooms46.50%
Three Bedrooms37.30%
Four Bedrooms10.20%
Five Bedrooms or more2%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size3.13
Median year structure was built1962
Median Value of occupied units$75,500
Median Price asked for vacant units$85,000

Rented Homes, Apartments and Condos

Average Household Size1.33
Median year structure was built1966
Median Monthly Rent asked for vacant units$425

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage9.30%
Home Equity Loan11.90%
Simple Mortgage59.10%
Debt Free19.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs20%