Zip 61449 (La Fayette, IL) Housing

The housing market in 61449 La Fayette, IL is quite comparable to the national housing market. The median value of a house in 61449 is $68,500, significantly lower than the US median of $338,100. However, compared to other places with a much lower median value, this market has done relatively well. In the last year, there has been an 8.27% appreciation in the US housing market and a 7.76% appreciation in La Fayette, making it one of the more desirable markets for those looking to buy or invest in real estate.

The median home cost in La Fayette (zip 61449) is $68,500. Home appreciation the last 10 years has been 28.7%. Home Appreciation in La Fayette (zip 61449) is up 8.9%.

Average Age of Homes

- The median age of La Fayette (zip 61449) real estate is 51 years old

The Rental Market in La Fayette (zip 61449)

- Renters make up 12.0% of the La Fayette (zip 61449) population
- 0.0% of houses and apartments in La Fayette (zip 61449), 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	La Fayette, Illinois	United States
	175.0	139,647,020.0
	60	42
	$68,500	$338,100
	8.9%	16.6%
	29.0%	57.0%
	28.7%	101.1%
	$19.40	$10.98
	$400	$2,690
	70.9%	57.4%
	27.4%	11.2%
	1.7%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	17.1%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	10.3%	4.1%
Value of Owner-Occupied Housing
	9.7%	2.6%
	37.1%	2.4%
	40.3%	2.8%
	5.6%	3.9%
	2.4%	4.5%
	2.4%	11.3%
	0.0%	13.0%
	2.4%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.1%	13.6%
	1.1%	13.6%
	4.6%	13.6%
	3.4%	13.2%
	16.6%	14.8%
	4.6%	13.6%
	10.3%	10.0%
	8.6%	4.7%
	28.0%	12.2%

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