Fayette, MS Real Estate

According to census data in the year 2000 there were 855 housing units in Fayette. This represents a 24.8% growth from 685 in 1990.

Of those housing units, 837 were located in either urbanized areas or urban clusters, and 18 were located in what is classified as a rural area.

Homeownership rate in Fayette is about 54.9%. Fayette's vacancy rate, including seasonal lodging, is about 8.7%. Average household size is 2.78 people.

The majority of houses, apartments or condos in Fayette were built after 1973.


Housing Size

Housing Units by Size
Studio Type2.30%
One Bedroom14.60%
Two Bedrooms23.20%
Three Bedrooms48.70%
Four Bedrooms8.20%
Five Bedrooms or more3%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.97
Median year structure was built1971
Median Value of occupied units$45,900
Median Price asked for vacant units$35,800

Rented Homes, Apartments and Condos

Average Household Size2.56
Median year structure was built1975
Median Monthly Rent asked for vacant units$150

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0.60%
Home Equity Loan0%
Simple Mortgage43.20%
Debt Free56.20%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.9%