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Summit, SD Real Estate


According to census data in the year 2000 there were 145 housing units in Summit. This represents a 5.1% growth from 138 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 145 were located in what is classified as a rural area.

Homeownership rate in Summit is about 57.3%. Summit's vacancy rate, including seasonal lodging, is about 19.3%. Average household size is 2.51 people.

The majority of houses, apartments or condos in Summit were built after 1949.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom15.20%
Two Bedrooms26.90%
Three Bedrooms33.10%
Four Bedrooms19.30%
Five Bedrooms or more5.50%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.34
Median year structure was built1939
Median Value of occupied units$30,300
Median Price asked for vacant units$9,999

Rented Homes, Apartments and Condos

Average Household Size2.74
Median year structure was built1974
Median Monthly Rent asked for vacant units$150

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.60%
Home Equity Loan0%
Simple Mortgage50.90%
Debt Free45.50%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs16%