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Marion, SD Real Estate


According to census data in the year 2000 there were 379 housing units in Marion. This represents a 2.2% growth from 371 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 379 were located in what is classified as a rural area.

Homeownership rate in Marion is about 76.9%. Marion's vacancy rate, including seasonal lodging, is about 7.4%. Average household size is 2.38 people.

The majority of houses, apartments or condos in Marion were built after 1948.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom6.90%
Two Bedrooms40.10%
Three Bedrooms34.80%
Four Bedrooms15.80%
Five Bedrooms or more2.40%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.5
Median year structure was built1940
Median Value of occupied units$42,000
Median Price asked for vacant units$20,800

Rented Homes, Apartments and Condos

Average Household Size1.98
Median year structure was built1973
Median Monthly Rent asked for vacant units$513

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.90%
Home Equity Loan1.60%
Simple Mortgage30.90%
Debt Free64.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13.6%