Lake Norden, SD Real Estate

According to census data in the year 2000 there were 191 housing units in Lake Norden. This represents a 1.6% growth from 188 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 191 were located in what is classified as a rural area.

Homeownership rate in Lake Norden is about 72.8%. Lake Norden's vacancy rate, including seasonal lodging, is about 11.5%. Average household size is 2.3 people.

The majority of houses, apartments or condos in Lake Norden were built after 1951.


Housing Size

Housing Units by Size
Studio Type2.10%
One Bedroom19.40%
Two Bedrooms29.80%
Three Bedrooms31.40%
Four Bedrooms13.60%
Five Bedrooms or more3.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.55
Median year structure was built1946
Median Value of occupied units$33,800
Median Price asked for vacant units$31,300

Rented Homes, Apartments and Condos

Average Household Size1.61
Median year structure was built1966

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.70%
Home Equity Loan1%
Simple Mortgage31.70%
Debt Free58.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14.4%