La Fayette, IL—61449
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — La Fayette, IL
As of Oct '25, the median home price in La Fayette, IL is $98,000, with a year-over-year change of -7.5%. This indicates that home prices in La Fayette, IL are decreasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $98,000 | -7.5% |
| Single Family | $98,000 | -4.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — La Fayette, IL
La Fayette, IL 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 — La Fayette, IL
La Fayette, IL lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $145,000 | N/A |
Listing Count | 1 | N/A |
| Listings as % of Homes | 0.4% | N/A |
Days on Market | 122 | N/A |
Demographics — La Fayette, IL
As of the latest ACS Survey released in 2023, La Fayette, IL has a population of 303, which has decreased by -10.1% over the past 5 years. La Fayette, IL is a less popular place for families, as children make up 8.6% of the population. The area has a poorly educated workforce, with 8.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 303 | -10.1% |
% Under 18 | 8.6% | -54.0% |
% Seniors | 31.0% | 18.8% |
% WFH | 0.0% | N/A |
% w/ College Degree | 8.7% | -26.9% |
La Fayette, IL lacks sufficient race and ethnicity data for analysis.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 89.4% | -9.0% |
% Black | 0.7% | ∞% |
% Hispanic | 2.3% | 27.8% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | N/A |
Mortgage and Risk — La Fayette, IL
La Fayette, IL lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — La Fayette, IL
La Fayette, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $690 |
| 2 Bedroom | N/A | N/A | $870 |
| 3 Bedroom | N/A | N/A | $1,140 |
| 4 Bedroom | N/A | N/A | $1,250 |
Affordability — La Fayette, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $98,000 |
| Median Household Income | $50,100 |