Zip 65248 (Fayette, MO) Housing

The housing market in Fayette, MO (zip code 65248) is an excellent choice for those who are looking to invest in real estate. The median value of a home in this area is $159,800 which is much lower than the US house median value of $338,100. Furthermore, over the last year, the appreciation rate has been 10.77%, which is higher than the national rate of 8.27%. This makes investing in Fayette an attractive and worthwhile option for those interested in increasing their net worth through real estate.

The median home cost in Fayette (zip 65248) is $159,800. Home appreciation the last 10 years has been 67.1%. Home Appreciation in Fayette (zip 65248) is up 15.2%.

Average Age of Homes

- The median age of Fayette (zip 65248) real estate is 49 years old

The Rental Market in Fayette (zip 65248)

- Renters make up 21.4% of the Fayette (zip 65248) population
- 0.2% of houses and apartments in Fayette (zip 65248), 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	Fayette, Missouri	United States
	1,814.0	139,647,020.0
	59	42
	$159,800	$338,100
	15.2%	16.6%
	47.5%	57.0%
	67.1%	101.1%
	$8.49	$10.98
	$1,177	$2,690
	49.4%	57.4%
	31.1%	11.2%
	19.5%	31.4%
Vacant Housing
	0.2%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	1.6%	3.6%
	29.3%	4.1%
Value of Owner-Occupied Housing
	3.8%	2.6%
	5.0%	2.4%
	3.3%	2.8%
	10.0%	3.9%
	12.7%	4.5%
	18.5%	11.3%
	17.4%	13.0%
	15.8%	20.1%
	2.8%	13.6%
	4.4%	8.3%
	3.0%	9.7%
	3.1%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.8%	13.6%
	12.8%	13.6%
	5.8%	13.6%
	6.7%	13.2%
	10.5%	14.8%
	5.8%	13.6%
	13.5%	10.0%
	7.6%	4.7%
	26.5%	12.2%

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