The housing market in 52142 Fayette, IA is currently thriving. The median value of a house in this area is $144,400 which is much lower than the national median value of $338,100. To make matters even more impressive, the 1 year house appreciation rate in this area is 11.61%, significantly higher than the US average of 8.27%. This indicates that houses in Fayette are increasing in value at an impressive rate and buyers should consider investing in the area now for maximum return on their investment.
The median home cost in Fayette (zip 52142) is $144,400. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Fayette (zip 52142) is up 15.1%.
Average Age of Homes
- The median age of Fayette (zip 52142) real estate is 71 years old
The Rental Market in Fayette (zip 52142)
- Renters make up 24.1% of the Fayette (zip 52142) population
- 2.4% of houses and apartments in Fayette (zip 52142), 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.