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Fayette, UT Real Estate


According to census data in the year 2000 there were 72 housing units in Fayette. This represents a 1.4% growth from 71 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 72 were located in what is classified as a rural area.

Homeownership rate in Fayette is about 87.1%. Fayette's vacancy rate, including seasonal lodging, is about 13.9%. Average household size is 3.31 people.

The majority of houses, apartments or condos in Fayette were built after 1959.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom0%
Two Bedrooms16.70%
Three Bedrooms44.40%
Four Bedrooms22.20%
Five Bedrooms or more16.70%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size3.31
Median year structure was built1974
Median Value of occupied units$97,900
Median Price asked for vacant units$85,000

Rented Homes, Apartments and Condos

Average Household Size3.25
Median year structure was built1939

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.70%
Home Equity Loan7.40%
Simple Mortgage63%
Debt Free25.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs22.5%