West Lafayette, IN Housing

The housing market in West Lafayette, IN is strong and prosperous. The median value of homes in the area currently stands at $306,000, which is significantly lower than the US house median value of $338,100. Despite some of the lower prices compared to the national average, West Lafayette has seen an impressive 10.75% house appreciation rate over the past year - higher than the 8.27% national average increase for the same time period. This indicates that West Lafayette is a great place to invest in real estate.

The median home cost in West Lafayette is $306,000. Home appreciation the last 10 years has been 84.4%. Home Appreciation in West Lafayette is up 14.6%.

Average Age of Homes

- The median age of West Lafayette real estate is 36 years old

The Rental Market in West Lafayette

- Renters make up 63.1% of the West Lafayette population
- 4.5% of houses and apartments in West 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	West Lafayette, Indiana	United States
	15,141.0	139,647,020.0
	31	42
	$306,000	$338,100
	14.6%	16.6%
	58.9%	57.0%
	84.4%	101.1%
	$7.03	$10.98
	$2,454	$2,690
	27.4%	57.4%
	10.3%	11.2%
	62.3%	31.4%
Vacant Housing
	4.5%	1.9%
	3.0%	0.4%
	0.3%	0.7%
	0.0%	0.4%
	1.0%	3.6%
	1.5%	4.1%
Value of Owner-Occupied Housing
	0.3%	2.6%
	0.3%	2.4%
	0.1%	2.8%
	0.2%	3.9%
	2.2%	4.5%
	14.5%	11.3%
	15.6%	13.0%
	33.8%	20.1%
	17.2%	13.6%
	11.2%	8.3%
	4.3%	9.7%
	0.0%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	17.8%	13.6%
	17.8%	13.6%
	17.6%	13.6%
	14.2%	13.2%
	10.6%	14.8%
	17.6%	13.6%
	5.6%	10.0%
	2.0%	4.7%
	7.4%	12.2%

Reviews for West Lafayette

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Earl · West Lafayette, IN

Community attitudes matter.

Over 9 years ago

I am originally from Greencastle, Indiana, a nice friendly rural town and home to DePauw University. Presently, I live in West Lafayette, Indiana, due to my having been More

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Jen · West Lafayette, IN

West Lafayette, IN

Over 10 years ago

It's a nice small town. It's too bad it's not closer to Indy. I think I would like it here More

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Adriana · West Lafayette, IN

West Lafayette

Over 13 years ago

They have good schools, parks and always have events to More

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