Fayette County, IL Housing

Housing in Fayette County, IL is a great investment. The median value of homes is $107,100, which is considerably lower than the US median value of $338,100. This makes it possible for more people to purchase a home in this area. In addition, the rate of house appreciation over the past year was 14.99%, well above the US average of 8.27%. This demonstrates that houses in Fayette County are an attractive investment and that values continue to rise in the area.

The median home cost in Fayette County is $107,100. Home appreciation the last 10 years has been 45.8%. Home Appreciation in Fayette County is up 9.8%.

Average Age of Homes

- The median age of Fayette County real estate is 51 years old

The Rental Market in Fayette County

- Renters make up 16.8% of the Fayette County population
- 4.1% 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, Illinois	United States
	8,887.0	139,647,020.0
	56	42
	$107,100	$338,100
	9.8%	16.6%
	35.0%	57.0%
	45.8%	101.1%
	$16.69	$10.98
	$1,596	$2,690
	67.3%	57.4%
	14.4%	11.2%
	18.3%	31.4%
Vacant Housing
	4.1%	1.9%
	0.4%	0.4%
	2.6%	0.7%
	0.5%	0.4%
	1.1%	3.6%
	5.7%	4.1%
Value of Owner-Occupied Housing
	6.4%	2.6%
	6.9%	2.4%
	12.8%	2.8%
	14.8%	3.9%
	11.2%	4.5%
	15.5%	11.3%
	12.9%	13.0%
	11.5%	20.1%
	4.1%	13.6%
	1.9%	8.3%
	0.7%	9.7%
	1.1%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	8.5%	13.6%
	8.5%	13.6%
	10.9%	13.6%
	8.9%	13.2%
	12.1%	14.8%
	10.9%	13.6%
	12.0%	10.0%
	7.3%	4.7%
	25.7%	12.2%

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