Zip 47901 (Lafayette, IN) Housing

Lafayette, IN (47901) is an attractive area for those looking to purchase a home, as the housing median value is $214,500. That's significantly lower than the US House Median Value of $338,100. Furthermore, the 1 year house appreciation rate in Lafayette is 10.75%, which is higher than the US 1 year house appreciation rate of 8.27%. This makes Lafayette an attractive choice for anyone seeking to invest in real estate.

The median home cost in Lafayette (zip 47901) is $214,500. Home appreciation the last 10 years has been 84.4%. Home Appreciation in Lafayette (zip 47901) is up 14.6%.

Average Age of Homes

- The median age of Lafayette (zip 47901) real estate is 78 years old

The Rental Market in Lafayette (zip 47901)

- Renters make up 64.8% of the Lafayette (zip 47901) population
- 4.6% of houses and apartments in Lafayette (zip 47901), 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	Lafayette, Indiana	United States
	2,739.0	139,647,020.0
	37	42
	$214,500	$338,100
	14.6%	16.6%
	58.9%	57.0%
	84.4%	101.1%
	$7.94	$10.98
	$1,465	$2,690
	8.4%	57.4%
	8.3%	11.2%
	83.3%	31.4%
Vacant Housing
	4.6%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	3.7%	4.1%
Value of Owner-Occupied Housing
	7.8%	2.6%
	0.0%	2.4%
	7.4%	2.8%
	0.0%	3.9%
	6.5%	4.5%
	17.8%	11.3%
	17.0%	13.0%
	22.6%	20.1%
	11.7%	13.6%
	9.1%	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%
	1.6%	13.6%
	1.6%	13.6%
	8.0%	13.6%
	3.0%	13.2%
	4.2%	14.8%
	8.0%	13.6%
	4.3%	10.0%
	3.4%	4.7%
	59.9%	12.2%

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