The housing in Lafayette, AR County is very affordable compared to the US median. The median value of a house in Lafayette, AR County is $67,900, while the US median value is $338,100. Furthermore, the one year house appreciation in Lafayette, AR County is 15.59%, which is higher than the 8.27% appreciation across the United States. This indicates that houses in Lafayette are appreciating faster than those elsewhere in the country and that they are a sound investment for those looking to invest in property.
The median home cost in Lafayette County is $67,900. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Lafayette County is up 17.9%.
Average Age of Homes
- The median age of Lafayette County real estate is 42 years old
The Rental Market in Lafayette County
- Renters make up 17.9% of the Lafayette County population
- 2.3% of houses and apartments in Lafayette 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.