The housing market in LaFayette, KY is booming. The median value of a house in LaFayette is currently $115,200, while the US median value is $338,100. The one year appreciation rate for houses in LaFayette is 16.85%, nearly double the US one year appreciation rate of 8.27%. This shows that the housing market in LaFayette is highly favorable and accelerating quickly – a great opportunity for any potential homebuyers or investors interested in the area.
The median home cost in LaFayette is $115,200. Home appreciation the last 10 years has been 89.7%. Home Appreciation in LaFayette is up 22.7%.
Average Age of Homes
- The median age of LaFayette real estate is 52 years old
The Rental Market in LaFayette
- Renters make up 30.5% 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.