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Wallace, SD Real Estate


According to census data in the year 2000 there were 46 housing units in Wallace. This represents a 11.5% decline from 52 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 46 were located in what is classified as a rural area.

Homeownership rate in Wallace is about 75%. Wallace's vacancy rate, including seasonal lodging, is about 13%. Average household size is 1.65 people.

The majority of houses, apartments or condos in Wallace were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom17.40%
Two Bedrooms30.40%
Three Bedrooms47.80%
Four Bedrooms4.30%
Five Bedrooms or more0%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size1.77
Median year structure was built1939
Median Value of occupied units$20,000
Median Price asked for vacant units$22,500

Rented Homes, Apartments and Condos

Average Household Size1.3
Median year structure was built1939
Median Monthly Rent asked for vacant units$575

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage25%
Debt Free75%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs12.5%