Fayette County, TN Housing

The housing market in Fayette, TN County is thriving. The median value of homes in the county is $341,400, which is slightly higher than the median value of US homes at $338,100. In the past year alone, there has been a 19.24% appreciation in home values in Fayette county – more than double the 8.27% appreciation seen across the US. This demonstrates that this region is an attractive place for those looking to invest in property or buy a home to live in.

The median home cost in Fayette County is $341,400. Home appreciation the last 10 years has been 94.9%. Home Appreciation in Fayette County is up 20.2%.

Average Age of Homes

- The median age of Fayette County real estate is 24 years old

The Rental Market in Fayette County

- Renters make up 18.9% of the Fayette County population
- 0.5% of houses and apartments in Fayette County, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Fayette, Tennessee	United States
	17,384.0	139,647,020.0
	26	42
	$341,400	$338,100
	20.2%	16.6%
	63.5%	57.0%
	94.9%	101.1%
	$3.80	$10.98
	$889	$2,690
	73.6%	57.4%
	8.4%	11.2%
	18.1%	31.4%
Vacant Housing
	0.5%	1.9%
	0.5%	0.4%
	0.3%	0.7%
	0.4%	0.4%
	1.5%	3.6%
	5.2%	4.1%
Value of Owner-Occupied Housing
	2.0%	2.6%
	1.8%	2.4%
	3.4%	2.8%
	4.3%	3.9%
	5.3%	4.5%
	11.4%	11.3%
	14.6%	13.0%
	23.2%	20.1%
	13.8%	13.6%
	9.1%	8.3%
	8.0%	9.7%
	1.5%	3.9%
	1.0%	2.2%
	0.3%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	28.1%	13.6%
	28.1%	13.6%
	19.6%	13.6%
	10.9%	13.2%
	12.7%	14.8%
	19.6%	13.6%
	4.2%	10.0%
	2.5%	4.7%
	2.2%	12.2%

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