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Lake Andes, SD Real Estate


According to census data in the year 2000 there were 367 housing units in Lake Andes. This represents a 5.2% decline from 387 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 367 were located in what is classified as a rural area.

Homeownership rate in Lake Andes is about 66.9%. Lake Andes's vacancy rate, including seasonal lodging, is about 13.6%. Average household size is 2.45 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom13.10%
Two Bedrooms28.30%
Three Bedrooms39.50%
Four Bedrooms14.40%
Five Bedrooms or more3.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.38
Median year structure was built1954
Median Value of occupied units$22,900
Median Price asked for vacant units$9,999

Rented Homes, Apartments and Condos

Average Household Size2.6
Median year structure was built1973
Median Monthly Rent asked for vacant units$190

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage30.50%
Debt Free69.50%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs13.2%