Valley Springs, SD Real Estate
According to census data in the year 2000 there were 303 housing units in Valley Springs.
This represents a 7.4% growth from 282 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 303 were located in what is classified as a rural area.
Homeownership rate in Valley Springs is about 71.5%.
Valley Springs's vacancy rate, including seasonal lodging, is about 1.7%.
Average household size is 2.61 people.
The majority of houses, apartments or condos in Valley Springs were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 4% |
| Two Bedrooms | 46.50% |
| Three Bedrooms | 37.30% |
| Four Bedrooms | 10.20% |
| Five Bedrooms or more | 2% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.13 |
| Median year structure was built | 1962 |
| Median Value of occupied units | $75,500 |
| Median Price asked for vacant units | $85,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.33 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.30% |
| Home Equity Loan | 11.90% |
| Simple Mortgage | 59.10% |
| Debt Free | 19.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20% |
