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Lafayette, OH Real Estate


According to census data in the year 2000 there were 123 housing units in Lafayette. This represents a 26.3% decline from 167 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 123 were located in what is classified as a rural area.

Homeownership rate in Lafayette is about 92.9%. Lafayette's vacancy rate, including seasonal lodging, is about 8.1%. Average household size is 2.54 people.

The majority of houses, apartments or condos in Lafayette were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom3.30%
Two Bedrooms26%
Three Bedrooms47.20%
Four Bedrooms22%
Five Bedrooms or more1.60%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.56
Median year structure was built1939
Median Value of occupied units$70,500
Median Price asked for vacant units$80,000

Rented Homes, Apartments and Condos

Average Household Size2.25
Median year structure was built1953
Median Monthly Rent asked for vacant units$275

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage11.10%
Home Equity Loan4%
Simple Mortgage51.50%
Debt Free33.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.2%