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Fairfax, SD Real Estate


According to census data in the year 2000 there were 73 housing units in Fairfax. This represents a 21.5% decline from 93 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 73 were located in what is classified as a rural area.

Homeownership rate in Fairfax is about 74.6%. Fairfax's vacancy rate, including seasonal lodging, is about 19.2%. Average household size is 2.14 people.

The majority of houses, apartments or condos in Fairfax were built after 1961.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom9.60%
Two Bedrooms34.20%
Three Bedrooms30.10%
Four Bedrooms20.50%
Five Bedrooms or more5.50%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.55
Median year structure was built1950
Median Value of occupied units$15,000
Median Price asked for vacant units$27,500

Rented Homes, Apartments and Condos

Average Household Size0.93
Median year structure was built1973

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.90%
Home Equity Loan0%
Simple Mortgage29.40%
Debt Free67.60%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs17%