Lake Preston, SD Real Estate
According to census data in the year 2000 there were 354 housing units in Lake Preston.
This represents a 3% decline from 365 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 354 were located in what is classified as a rural area.
Homeownership rate in Lake Preston is about 67.7%.
Lake Preston's vacancy rate, including seasonal lodging, is about 10.7%.
Average household size is 2.2 people.
The majority of houses, apartments or condos in Lake Preston were built after 1953.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 14.40% |
| Two Bedrooms | 36.40% |
| Three Bedrooms | 28.50% |
| Four Bedrooms | 15.30% |
| Five Bedrooms or more | 5.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.41 |
| Median year structure was built | 1946 |
| Median Value of occupied units | $36,700 |
| Median Price asked for vacant units | $20,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.75 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $233 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.40% |
| Home Equity Loan | 3.20% |
| Simple Mortgage | 39.20% |
| Debt Free | 52.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.3% |
