Housing in Lafayette-West Lafayette Metro Area, Indiana

The median home cost in Lafayette-West Lafayette Metro Area is $122,566. Home appreciation the last 10 years has been 26.4%. Home Appreciation in Lafayette-West Lafayette Metro Area is up 8.8%. Browse Lafayette-West Lafayette Metro Area Real Estate

Average Age of Homes

- The median age of Lafayette-West Lafayette Metro Area real estate is 37 years old

The Rental Market in Lafayette-West Lafayette Metro Area

- Renters make up 39.1% of the Lafayette-West Lafayette Metro Area population
- 1.9% of houses and apartments in Lafayette-West Lafayette Metro Area, are available to rent

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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.

HOUSING	Lafayette-West Lafayette, Indiana	United States
Median Home Age	40	40
Median Home Cost	$122,566	$231,200
Home Appr. Last 12 months	8.8%	6.7%
Home Appr. Last 5 yrs.	28.2%	35.6%
Home Appr. Last 10 yrs.	26.4%	27.4%
Property Tax Rate	$7.30	$11.78
Property Taxes Paid	$895	$2,724
Homes Owned	52.4%	56.0%
Housing Vacant	9.3%	12.2%
Homes Rented	38.4%	31.8%
AVERAGE RENT FOR HOME OR APARTMENT
Average Rent	$1,138	$1,470
Studio Apartment	$616	$821
1 Bedroom Home or Apartment	$702	$930
2 Bedroom Home or Apartment	$831	$1,148
3 Bedroom Home or Apartment	$1,119	$1,537
4 Bedroom Home or Apartment	$1,420	$1,791
VACANT HOUSING
Vacant For Rent	1.9%	2.1%
Vacant Rented	0.9%	0.5%
Vacant For Sale	0.8%	1.0%
Vacant Sold	0.4%	0.5%
Vacant Vacation	1.2%	4.0%
Vacant Other	4.0%	4.2%
VALUE OF OWNER-OCCUPIED HOUSING
Less Than $20,000	2.9%	3.5%
$20,000 to $39,999	2.0%	3.1%
$40,000 to $59,999	4.4%	3.9%
$60,000 to $79,999	9.8%	5.4%
$80,000 to $99,999	11.3%	6.3%
$100,000 to $149,999	25.4%	14.7%
$150,000 to $199,999	17.6%	14.6%
$200,000 to $299,999	15.9%	18.7%
$300,000 to $399,999	5.8%	11.0%
$400,000 to $499,999	2.7%	6.2%
$500,000 to $749,999	1.5%	7.0%
$750,000 to $999,999	0.4%	2.7%
$1,000,000 to $1,499,999	0.1%	1.5%
$1,500,000 to $1,999,999	0.1%	0.5%
$2,000,000 and over	0.1%	0.7%