Fayette City, PA is a great place to buy a home due to its comparatively low housing median value of $101,600. Compared to the US House Median Value of $338,100, Fayette City is much more affordable for potential homeowners. Furthermore, the US 1 year House Appreciation rate of 8.27% has been matched in Fayette City with a 7.43% rate of house appreciation over one year. This means that buying property in Fayette City is a smart investment that will appreciate in value over time.
The median home cost in Fayette City is $101,600. Home appreciation the last 10 years has been 71.5%. Home Appreciation in Fayette City is up 11.0%.
Average Age of Homes
- The median age of Fayette City real estate is 78 years old
The Rental Market in Fayette City
- Renters make up 14.5% of the Fayette City population
- 0.0% of houses and apartments in Fayette City, 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.