The housing market in Fayette, TX County is quite strong, with the median value of homes being $396,800. This is significantly higher than the US house median value of $338,100. In the past year, this appreciation has been 7.07%, which is slightly lower than the US 1 year house appreciation of 8.27%. This indicates that while Fayette County's housing market still remains strong, it is growing at a slower rate than national averages. Despite this slight dip in growth rates, it is clear that Fayette County's housing market remains healthy and resilient.
The median home cost in Fayette County is $396,800. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Fayette County is up 19.7%.
Average Age of Homes
- The median age of Fayette County real estate is 36 years old
The Rental Market in Fayette County
- Renters make up 16.4% of the Fayette County population
- 1.1% 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.