Hot Springs, SD Real Estate
According to census data in the year 2000 there were 1,919 housing units in Hot Springs.
This represents a 2.5% growth from 1,872 in 1990.
Of those housing units, 1,851 were located in either urbanized areas or urban clusters, and 68 were located in what is classified as a rural area.
Homeownership rate in Hot Springs is about 61%.
Hot Springs's vacancy rate, including seasonal lodging, is about 11.5%.
Average household size is 2.18 people.
The majority of houses, apartments or condos in Hot Springs were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.90% |
| One Bedroom | 20.50% |
| Two Bedrooms | 36.60% |
| Three Bedrooms | 27.20% |
| Four Bedrooms | 10.20% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.36 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $58,700 |
| Median Price asked for vacant units | $9,999 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.91 |
| Median year structure was built | 1960 |
| Median Monthly Rent asked for vacant units | $314 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.60% |
| Home Equity Loan | 2.70% |
| Simple Mortgage | 49.40% |
| Debt Free | 43.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.1% |
