Fayette, OH—43521
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fayette, OH
As of Oct '25, the median home price in Fayette, OH is $157,000, with a year-over-year change of 3.1%. This indicates that home prices in Fayette, OH are increasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $157,000 | 3.1% |
| Single Family | $157,000 | 2.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $120,000 | 0.8% |
3 Bed | $177,000 | 2.9% |
4 Bed | $178,000 | 1.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fayette, OH
Fayette, OH lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Fayette, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Fayette, OH is 43. This is a increase of 45.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $169,000 | 16.0% |
Listing Count | 5 | -41.0% |
| Listings as % of Homes | 0.5% | -41.0% |
Days on Market | 43 | 45.0% |
Demographics — Fayette, OH
As of the latest ACS Survey released in 2023, Fayette, OH has a population of 2,700, which has decreased by -1.4% over the past 5 years. Fayette, OH is a moderately popular place for families, as children make up 19.3% of the population. The area has a poorly educated workforce, with 13.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,700 | -1.4% |
% Under 18 | 19.3% | -24.6% |
% Seniors | 20.2% | 39.3% |
% WFH | 2.9% | -12.1% |
% w/ College Degree | 13.9% | 13.0% |
As of the latest ACS Survey released in 2023, Fayette, OH is a predominantly white area, with 93.7% of the population identifying as white. The white population has grown by 4.1% in the last 5 years. The second most common race or ethnicity in Fayette, OH is hispanic, making up 4.2% of the population. Foreign-born residents account for 1.4% of the population in Fayette, OH, and this percentage has decreased by 33.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.7% | 4.1% |
% Black | 0.4% | ∞% |
% Hispanic | 4.2% | -47.5% |
% Asian | 0.2% | -66.7% |
% Foreign Born | 1.4% | -33.3% |
Mortgage and Risk — Fayette, OH
According to HUD data as of 2023, there were 82 mortgage originations in Fayette, OH, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Fayette, OH. Investor activity is low, as 2.0% of loans were by investors. 26.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 82 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 2.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 26.0% |
Loan Activity
Rentals and Section 8 — Fayette, OH
Fayette, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $680 |
| 2 Bedroom | N/A | N/A | $890 |
| 3 Bedroom | N/A | N/A | $1,180 |
| 4 Bedroom | N/A | N/A | $1,250 |
Affordability — Fayette, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $157,000 |
| Median Household Income | $57,000 |