Fayette County, PA Housing

The median house value in Fayette, PA County is $122,200; this is significantly lower than the US median home value of $338,100. In the past year, the US housing market has appreciated 8.27%, while in Fayette, PA County it has appreciated by 9.49%. This indicates a strong housing market in the area and may signal potential for growth in coming years. The moderately low median price point combined with solid appreciation makes Fayette, PA an attractive prospect for those looking to buy a home in the area.

The median home cost in Fayette County is $122,200. Home appreciation the last 10 years has been 70.7%. Home Appreciation in Fayette County is up 11.0%.

Average Age of Homes

- The median age of Fayette County real estate is 60 years old

The Rental Market in Fayette County

- Renters make up 24.3% of the Fayette County population
- 1.3% 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, Pennsylvania	United States
	61,962.0	139,647,020.0
	64	42
	$122,200	$338,100
	11.0%	16.6%
	45.1%	57.0%
	70.7%	101.1%
	$12.91	$10.98
	$1,412	$2,690
	64.3%	57.4%
	12.7%	11.2%
	23.0%	31.4%
Vacant Housing
	1.3%	1.9%
	0.3%	0.4%
	1.1%	0.7%
	0.5%	0.4%
	1.8%	3.6%
	7.6%	4.1%
Value of Owner-Occupied Housing
	4.8%	2.6%
	6.7%	2.4%
	10.8%	2.8%
	11.5%	3.9%
	11.8%	4.5%
	17.9%	11.3%
	14.4%	13.0%
	13.4%	20.1%
	4.8%	13.6%
	2.0%	8.3%
	1.3%	9.7%
	0.3%	3.9%
	0.1%	2.2%
	0.1%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	5.3%	13.6%
	5.3%	13.6%
	7.9%	13.6%
	8.7%	13.2%
	12.8%	14.8%
	7.9%	13.6%
	12.8%	10.0%
	8.9%	4.7%
	32.7%	12.2%

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