Lafayette, PA has seen a significant increase in housing value over the past year. The median house value in Lafayette is $122,500, which is significantly lower than the US median house value of $338,100. However, Lafayette has experienced a higher rate of appreciation than the national average at 10.35%, compared to 8.27%. This is indicative of a strong and growing housing market in the area, making Lafayette an attractive option for potential homeowners.
The median home cost in Lafayette is $122,500. Home appreciation the last 10 years has been 51.5%. Home Appreciation in Lafayette is up 14.3%.
Average Age of Homes
- The median age of Lafayette real estate is 47 years old
The Rental Market in Lafayette
- Renters make up 4.3% 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.