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Lafayette, AL Housing

 
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As of 2010-2014, median price of a house in Lafayette is $75,600, which is much lower than the state average of $123,800 and is much lower than the national average of $175,700. The Lafayette median house value has grown by 46.51% since 2000. The growth rate for the price of a house in Lafayette is about the same as the state average rate of 45.48% and is about the same as the national average rate of 46.91%. The median year that a house in Lafayette was built is 1973, which is older than the median year for a house built in the state which is 1981 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 539 Owner Occupied Houses in Lafayette, AL, #398
Lafayette, AL
75,600 USD
Alabama
123,800 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #182
Lafayette, AL
46.51%
Alabama
45.48%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Lafayette, ALAlabamaU.S.
Total Housing Units1,321, see rank, 100%2,190,638132,741,033
Occupied Housing Units1,100, 83.27%, see rank84.09%87.55%
Owner Occupied539, 40.80%, see rank58.17%56.34%
Renter Occupied561, 42.47%, see rank25.93%31.21%
Vacant Housing Units221, 16.73%, see rank15.91%12.45%
For Rent10, 0.76%, see rank2.61%2.34%
For Sale Only25, 1.89%, see rank1.54%1.20%
Rented or Sold, Not Occupied10, 0.76%, see rank1.25%0.92%
For Seasonal, Recreational, or Occasional Use26, 1.97%, see rank3.76%3.97%
For Migrant Workers0, 0.00%, see rank0.03%0.03%
Other Vacant150, 11.36%, see rank6.71%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #385
Lafayette, ALAlabamaU.S.
197319811976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Lafayette, AL%AlabamaU.S.
Owner-Occupied Units539100%1,274,19674,787,460
With a Mortgage29554.73%, see rank58.96%65.58%
Without a Mortgage24445.27%, see rank41.04%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Lafayette, AL
852 USD
Alabama
1,159 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsLafayette, AL%AlabamaU.S.
$299 or Less00.00%, see rank0.23%0.20%
$300 to $49900.00%, see rank2.96%1.59%
$500 to $6997525.42%, see rank9.57%5.01%
$700 to $99912241.36%, see rank24.89%14.32%
$1,000 to $1,4994113.90%, see rank34.17%27.90%
$1,500 to $1,9993110.51%, see rank16.11%20.35%
$2,000 to $2,999268.81%, see rank9.13%19.52%
$3,000 or More00.00%, see rank2.95%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Lafayette, AL
29.00% of the Total Income
Alabama
21.70% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Lafayette, AL%AlabamaU.S.
10% or Less165.42%, see rank7.30%5.86%
10% to 20%5618.98%, see rank37.14%31.95%
20% to 30%8629.15%, see rank25.71%27.64%
30% to 40%5117.29%, see rank11.45%13.74%
40% or More8629.15%, see rank17.78%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Lafayette, AL
383 USD
Alabama
349 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsLafayette, AL%AlabamaU.S.
$199 or Less62.46%, see rank11.83%7.76%
$200 to $2994920.08%, see rank24.55%14.70%
$300 to $49911446.72%, see rank42.72%34.63%
$500 to $6995321.72%, see rank14.46%21.16%
$700 or More229.02%, see rank6.44%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Lafayette, AL
13.90% of the Total Income
Alabama
11.40% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Lafayette, AL%AlabamaU.S.
10% or Less5221.31%, see rank43.66%40.19%
10% to 20%11747.95%, see rank30.25%31.47%
20% to 30%5522.54%, see rank11.03%12.24%
30% to 40%52.05%, see rank5.23%5.64%
40% or More156.15%, see rank8.16%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Lafayette, ALAlabamaU.S.
Total Housing Units1,321, 100%2,190,638132,741,033
1-unit, Detached1,000, 75.70%, see rank68.53%61.65%
1-unit, Attached0, 0.00%, see rank1.66%5.82%
2 Units135, 10.22%, see rank2.09%3.75%
3 or 4 Units27, 2.04%, see rank2.93%4.43%
5 to 9 Units45, 3.41%, see rank4.20%4.78%
10 or More Units6, 0.45%, see rank6.84%13.08%
Mobile Home, Boat, RV, Van, etc.108, 8.18%, see rank13.74%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Lafayette, ALAlabamaU.S.
Total Housing Units1,321, 100%2,190,638132,741,033
1 Room30, 2.27%, see rank1.12%1.95%
2 Rooms5, 0.38%, see rank1.17%2.48%
3 Rooms76, 5.75%, see rank5.77%9.13%
4 Rooms199, 15.06%, see rank15.10%16.60%
5 Rooms344, 26.04%, see rank23.28%20.41%
6 Rooms314, 23.77%, see rank20.97%18.06%
7 Rooms187, 14.16%, see rank13.59%12.27%
8 Rooms51, 3.86%, see rank8.86%8.48%
9 Rooms or More115, 8.71%, see rank10.13%10.60%
Median Rooms5.50, see rank5.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Lafayette, ALAlabamaU.S.
Total Housing Units1,321, 100%2,190,638132,741,033
No Bedroom30, 2.27%, see rank1.21%2.17%
1 Bedroom83, 6.28%, see rank6.20%11.16%
2 Bedrooms360, 27.25%, see rank23.92%26.69%
3 Bedrooms634, 47.99%, see rank49.95%39.70%
4 Bedrooms183, 13.85%, see rank15.40%16.05%
5 or More Bedrooms31, 2.35%, see rank3.33%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Lafayette, ALAlabamaU.S.
Total Housing Units1,100, 100%1,842,174116,211,092
Utility Gas298, 27.09%, see rank29.16%48.85%
Bottled, Tank, or LP Gas112, 10.18%, see rank7.18%4.86%
Electricity684, 62.18%, see rank61.92%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank0.21%5.86%
Coal or Coke0, 0.00%, see rank0.01%0.12%
Wood6, 0.55%, see rank1.11%2.12%
Solar Energy0, 0.00%, see rank0.01%0.05%
Other Fuel0, 0.00%, see rank0.09%0.47%
No Fuel Used0, 0.00%, see rank0.31%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalLafayette, ALAlabamaU.S.
Occupied Units Paying Rent512, 100%505,13639,201,928
$199 or Less36, 7.03%, see rank2.18%1.50%
$200 to $29964, 12.50%, see rank5.01%3.18%
$300 to $499110, 21.48%, see rank14.15%7.37%
$500 to $699133, 25.98%, see rank26.64%16.01%
$700 to $999128, 25.00%, see rank32.35%29.17%
$1,000 to $1,49941, 8.01%, see rank15.87%26.88%
$1,500 to $1,9990, 0.00%, see rank2.54%9.79%
$2,000 or More0, 0.00%, see rank1.26%6.10%
Median$564, see rank$715$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Lafayette, ALAlabamaU.S.
Occupied Housing Units1,100, 100%1,842,174116,211,092
No Vehicles Available233, 21.18%, see rank6.48%9.12%
1 Vehicles Available415, 37.73%, see rank32.94%33.80%
2 Vehicles Available283, 25.73%, see rank37.28%37.48%
3 or More Vehicles Available169, 15.36%, see rank23.30%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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