Zip 47909 (Lafayette, IN) Housing

Lafayette, IN is a beautiful city with a charming small-town atmosphere. The housing market in this area is also quite desirable. The median value of homes in Lafayette is $228,300, which is significantly lower than the US median value of $338,100. Additionally, the appreciation rate for homes in Lafayette over the past year has been an impressive 10.75%, more than two percentage points higher than the US average of 8.27%. This makes now a great time to purchase real estate in Lafayette and take advantage of appreciating home values.

The median home cost in Lafayette (zip 47909) is $228,300. Home appreciation the last 10 years has been 84.4%. Home Appreciation in Lafayette (zip 47909) is up 14.6%.

Average Age of Homes

- The median age of Lafayette (zip 47909) real estate is 30 years old

The Rental Market in Lafayette (zip 47909)

- Renters make up 32.2% of the Lafayette (zip 47909) population
- 1.2% of houses and apartments in Lafayette (zip 47909), 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
	17,478.0	139,647,020.0
	32	42
	$228,300	$338,100
	14.6%	16.6%
	58.9%	57.0%
	84.4%	101.1%
	$7.07	$10.98
	$1,085	$2,690
	62.5%	57.4%
	4.8%	11.2%
	32.7%	31.4%
Vacant Housing
	1.2%	1.9%
	0.0%	0.4%
	1.9%	0.7%
	0.3%	0.4%
	0.2%	3.6%
	1.3%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	0.2%	2.4%
	2.0%	2.8%
	5.2%	3.9%
	10.5%	4.5%
	29.8%	11.3%
	19.6%	13.0%
	20.7%	20.1%
	8.4%	13.6%
	2.0%	8.3%
	0.5%	9.7%
	0.1%	3.9%
	0.1%	2.2%
	0.2%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.5%	0.2%
	18.3%	13.6%
	18.3%	13.6%
	19.7%	13.6%
	12.4%	13.2%
	8.9%	14.8%
	19.7%	13.6%
	9.4%	10.0%
	3.1%	4.7%
	3.2%	12.2%

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