Fayette County in Indiana has a median housing value of $131,400, which is significantly lower than the US House Median Value of $338,100. The good news for Fayette County residents is that the appreciation rate on homes has been greater over the past year than the national average - 13.40% compared to 8.27%. This means that despite having lower house prices to start with, Fayette County is seeing stronger growth in their housing market than other parts of the country.
The median home cost in Fayette County is $131,400. Home appreciation the last 10 years has been 74.2%. Home Appreciation in Fayette County is up 15.2%.
Average Age of Homes
- The median age of Fayette County real estate is 54 years old
The Rental Market in Fayette County
- Renters make up 26.0% of the Fayette County population
- 0.7% 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.