LaFayette, GA is a great place to invest in housing. The median value of homes in the city is $167,800 which is less than the US median value of $338,100. Furthermore, the house appreciation rate over the last year has been an impressive 14.09%, significantly higher than the US rate of 8.27%. This makes LaFayette an attractive market for those looking to buy a home or invest in residential real estate. With its comparatively low cost of living and strong housing market, LaFayette is a great place for people to purchase and own a home.
The median home cost in LaFayette is $167,800. Home appreciation the last 10 years has been 103.4%. Home Appreciation in LaFayette is up 20.8%.
Average Age of Homes
- The median age of LaFayette real estate is 46 years old
The Rental Market in LaFayette
- Renters make up 41.4% of the LaFayette population
- 1.1% 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.