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 Type | 0.40% |
| One Bedroom | 10.40% |
| Two Bedrooms | 30.70% |
| Three Bedrooms | 39.60% |
| Four Bedrooms | 14.40% |
| Five Bedrooms or more | 4.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $67,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.52 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.70% |
| Home Equity Loan | 11.50% |
| Simple Mortgage | 45.90% |
| Debt Free | 36% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.3% |
