The housing market in Lafayette, MO County is booming. The median value for homes in the area is $202,700, which is significantly lower than the US median of $338,100. This makes it a desirable place to live for those looking for an affordable home. Additionally, homes in Lafayette have seen a 13.47% appreciation over the past year compared to the US overall rate of 8.27%, making it a great investment option for homebuyers and sellers alike. With its attractive housing market, Lafayette is an excellent choice for anyone looking for a place to call home.
The median home cost in Lafayette County is $202,700. Home appreciation the last 10 years has been 100.4%. Home Appreciation in Lafayette County is up 16.3%.
Average Age of Homes
- The median age of Lafayette County real estate is 44 years old
The Rental Market in Lafayette County
- Renters make up 20.7% of the Lafayette County population
- 2.0% 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.