Home

Fayette, OH Real Estate


According to census data in the year 2000 there were 570 housing units in Fayette. This represents a 9% growth from 523 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 570 were located in what is classified as a rural area.

Homeownership rate in Fayette is about 61.2%. Fayette's vacancy rate, including seasonal lodging, is about 5.1%. Average household size is 2.45 people.

The majority of houses, apartments or condos in Fayette were built after 1947.

Statistics

Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom10.40%
Two Bedrooms30.70%
Three Bedrooms39.60%
Four Bedrooms14.40%
Five Bedrooms or more4.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1939
Median Value of occupied units$67,300

Rented Homes, Apartments and Condos

Average Household Size2.52
Median year structure was built1971
Median Monthly Rent asked for vacant units$325

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.70%
Home Equity Loan11.50%
Simple Mortgage45.90%
Debt Free36%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.3%