Martin, SD Real Estate
According to census data in the year 2000 there were 483 housing units in Martin.
This represents a 11.2% decline from 544 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 483 were located in what is classified as a rural area.
Homeownership rate in Martin is about 59.2%.
Martin's vacancy rate, including seasonal lodging, is about 11.8%.
Average household size is 2.48 people.
The majority of houses, apartments or condos in Martin were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.70% |
| One Bedroom | 16.10% |
| Two Bedrooms | 37.90% |
| Three Bedrooms | 26.30% |
| Four Bedrooms | 12.60% |
| Five Bedrooms or more | 4.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.64 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $37,100 |
| Median Price asked for vacant units | $12,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.24 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $320 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.10% |
| Home Equity Loan | 0.50% |
| Simple Mortgage | 39.50% |
| Debt Free | 58.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.1% |
