Fayette, IA Real Estate
According to census data in the year 2000 there were 438 housing units in Fayette.
This represents a 8% decline from 476 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 438 were located in what is classified as a rural area.
Homeownership rate in Fayette is about 60.8%.
Fayette's vacancy rate, including seasonal lodging, is about 8.7%.
Average household size is 2.36 people.
The majority of houses, apartments or condos in Fayette were built after 1944.
|Housing Units by Size|
|Five Bedrooms or more||3.70%|
Owned Homes, Apartments and Condos
|Average Household Size||2.75|
|Median year structure was built||1939|
|Median Value of occupied units||$55,000|
|Median Price asked for vacant units||$18,800|
Rented Homes, Apartments and Condos
|Average Household Size||1.74|
|Median year structure was built||1953|
|Median Monthly Rent asked for vacant units||$250|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||1.40%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.8%|