Lafayette, VA is a great place to live, with the median value of housing at $209,700. This is significantly lower than the US house median value of $338,100 and presents an excellent opportunity for those looking to purchase property. In addition, the appreciation rate of housing in Lafayette has been higher than the national average over the past year, with 11.69% compared to 8.27%. This makes Lafayette an attractive option for anyone looking to make a real estate investment.
The median home cost in Lafayette is $209,700. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Lafayette is up 17.1%.
Average Age of Homes
- The median age of Lafayette real estate is 53 years old
The Rental Market in Lafayette
- Renters make up 28.2% 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.