The housing market in Lafayette, FL County is flourishing. The median value of houses is $204,200, which is significantly lower than the US median of $338,100. Moreover, the one-year house appreciation rate in Lafayette is 18.41%, much higher than the national average of 8.27%. This indicates that the housing market in Lafayette is very attractive to prospective buyers and highly favorable for current homeowners.
The median home cost in Lafayette County is $204,200. Home appreciation the last 10 years has been 146.1%. Home Appreciation in Lafayette County is up 26.2%.
Average Age of Homes
- The median age of Lafayette County real estate is 29 years old
The Rental Market in Lafayette County
- Renters make up 16.6% of the Lafayette County population
- 0.4% 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.