Summit, SD Real Estate
According to census data in the year 2000 there were 145 housing units in Summit.
This represents a 5.1% growth from 138 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 145 were located in what is classified as a rural area.
Homeownership rate in Summit is about 57.3%.
Summit's vacancy rate, including seasonal lodging, is about 19.3%.
Average household size is 2.51 people.
The majority of houses, apartments or condos in Summit were built after 1949.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 15.20% |
| Two Bedrooms | 26.90% |
| Three Bedrooms | 33.10% |
| Four Bedrooms | 19.30% |
| Five Bedrooms or more | 5.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.34 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $30,300 |
| Median Price asked for vacant units | $9,999 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.74 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $150 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.60% |
| Home Equity Loan | 0% |
| Simple Mortgage | 50.90% |
| Debt Free | 45.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16% |
