The housing market in Lafayette, CA is strong with a median value of $1,767,400. Although this is more than five times the US House median value of $338,100, the growth rate in house appreciation only reaches 5.52%, which is lower than the US 1 year house appreciation rate of 8.27%. Despite having higher median value than the national average, Lafayette still remains a desirable place to live due to its strong real estate market.
The median home cost in Lafayette is $1,767,400. Home appreciation the last 10 years has been 141.5%. Home Appreciation in Lafayette is up 10.9%.
Average Age of Homes
- The median age of Lafayette real estate is 54 years old
The Rental Market in Lafayette
- Renters make up 24.1% of the Lafayette population
- 1.7% 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.