Fayette, MI Housing

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The housing market in Fayette, MI is doing quite well. The median house value for the area is $218,100, which is considerably lower than the US median of $338,100. Despite the lower cost of housing in Fayette, MI compared to national averages, it has still managed to appreciate at a rate of 9.09% over the last year. This is slightly above the US average of 8.27%. As such, Fayette, MI remains an attractive place to buy or sell real estate.

The median home cost in Fayette is $218,100. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Fayette is up 16.2%.

Average Age of Homes
- The median age of Fayette real estate is 46 years old
The Rental Market in Fayette
- Renters make up 15.4% of the Fayette population
- 0.0% of houses and apartments in Fayette, are available to rent

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

  HousingFayette, MichiganUnited States
  Vacant Housing
  Value of Owner-Occupied Housing
  Housing Units by Year Structure Built
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