The median home value in Fayette, IN is $131,500. This is higher than the county median home value of $92,400. The national median home value is $219,700. The average price of homes sold in Fayette, IN is $131,500. Approximately 84.92% of Fayette homes are owned, compared to 8.95% rented, while 6.13% are vacant. Fayette real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Fayette real estate agent to arrange a tour today!
Fayette, Indiana has a population of 2,629. Fayette is more family-centric than the surrounding county with 29.21% of the households containing married families with children. The county average for households married with children is 27.67%.
The median household income in Fayette, Indiana is $62,813. The median household income for the surrounding county is $42,030 compared to the national median of $57,652. The median age of people living in Fayette is 46.4 years.
The average high temperature in July is 87.5 degrees, with an average low temperature in January of 19.4 degrees. The average rainfall is approximately 44 inches per year, with 14.9 inches of snow per year.