Spearfish, SD Real Estate
According to census data in the year 2000 there were 3,907 housing units in Spearfish.
This represents a 34.1% growth from 2,913 in 1990.
Of those housing units, 3,790 were located in either urbanized areas or urban clusters, and 117 were located in what is classified as a rural area.
Homeownership rate in Spearfish is about 50%.
Spearfish's vacancy rate, including seasonal lodging, is about 6.4%.
Average household size is 2.14 people.
The majority of houses, apartments or condos in Spearfish were built after 1977.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3% |
| One Bedroom | 18.60% |
| Two Bedrooms | 34.20% |
| Three Bedrooms | 30.70% |
| Four Bedrooms | 10.60% |
| Five Bedrooms or more | 3% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.52 |
| Median year structure was built | 1977 |
| Median Value of occupied units | $92,500 |
| Median Price asked for vacant units | $87,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.76 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $397 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 10% |
| Home Equity Loan | 6% |
| Simple Mortgage | 43.40% |
| Debt Free | 40.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.6% |
