Lafayette, In

Population: 70,654
Average annual home appreciation rate: .96%
Total of homes for sale in this market: 217
Median home price: $106,230
Median Rent: $730
Home price range: 42.26% of homes are between $52,001 – $104,000
Median sales price: No current data available
Number of homes: 338
Median foreclosure sales price: $68,131
Foreclosure discount: No current data available
Most common home type: 58.19% of homes are Single family detached
Number of vacant homes: 7.85%
Number of renters: 52.15%
Number of owner occupied: 47.85%
Number people living below poverty level: 19.61%
Unemployment rate: 3.80%
Is this area perfect for real estate deals going on right now? Although there aren’t high levels of historical appreciation, the last quarter shows a positive gain, and with low costs of homes this area could be promising to the savvy buyer/holder.

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