Fayette, MO Real Estate
According to census data in the year 2000 there were 1,131 housing units in Fayette.
This represents a 0.8% decline from 1,140 in 1990.
Of those housing units, 1,110 were located in either urbanized areas or urban clusters, and 21 were located in what is classified as a rural area.
Homeownership rate in Fayette is about 63.4%.
Fayette's vacancy rate, including seasonal lodging, is about 14.2%.
Average household size is 2.21 people.
The majority of houses, apartments or condos in Fayette were built after 1947.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.90% |
| One Bedroom | 13% |
| Two Bedrooms | 34.80% |
| Three Bedrooms | 33% |
| Four Bedrooms | 14.60% |
| Five Bedrooms or more | 2.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.26 |
| Median year structure was built | 1945 |
| Median Value of occupied units | $58,300 |
| Median Price asked for vacant units | $13,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.12 |
| Median year structure was built | 1947 |
| Median Monthly Rent asked for vacant units | $213 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.80% |
| Home Equity Loan | 6% |
| Simple Mortgage | 44.50% |
| Debt Free | 44.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.4% |
