The housing market in Lafayette, OR is an excellent investment opportunity. The median value of a home is currently $425,700, significantly higher than the national median value of $338,100. Furthermore, the appreciation rate for homes in Lafayette has been 7.02% over the past year, just below the national average of 8.27%. With these impressive figures, Lafayette's housing market is sure to continue to be strong and rewarding for investors seeking attractive returns on their investments.
The median home cost in Lafayette is $425,700. Home appreciation the last 10 years has been 142.7%. Home Appreciation in Lafayette is up 13.1%.
Average Age of Homes
- The median age of Lafayette real estate is 18 years old
The Rental Market in Lafayette
- Renters make up 14.5% of the Lafayette population
- 0.0% of houses and apartments in Lafayette, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.