The housing median value in 37083 Lafayette, TN is $221,500, which is much lower than the US House Median Value of $338,100. Despite this disparity, the 1 year House Appreciation in 37083 Lafayette, TN has been impressive at 15.74%, far more than double the 8.27% appreciation rate seen across the United States. This strong appreciation rate indicates that now may be a good time to invest in real estate in and around Lafayette.
The median home cost in Lafayette (zip 37083) is $221,500. Home appreciation the last 10 years has been 142.5%. Home Appreciation in Lafayette (zip 37083) is up 25.0%.
Average Age of Homes
- The median age of Lafayette (zip 37083) real estate is 26 years old
The Rental Market in Lafayette (zip 37083)
- Renters make up 28.1% of the Lafayette (zip 37083) population
- 0.0% of houses and apartments in Lafayette (zip 37083), 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.