Fayette, MO—65248
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fayette, MO
As of Oct '25, the median home price in Fayette, MO is $218,000, with a year-over-year change of 7.9%. This indicates that home prices in Fayette, MO are increasing. According to Zillow, the 1-year price projection is 3.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $218,000 | 7.9% |
| Single Family | $218,000 | 8.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $146,000 | 5.8% |
3 Bed | $230,000 | 7.0% |
4 Bed | $293,000 | 10.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fayette, MO
As of July '25, Rentcast reports the average rent in Fayette, MO is $1,040, with a year-over-year rent change of 15.0%. Per bedroom, the median rent as of July '25 in Fayette, MO is 1-bedrooms: $698, 2-bedrooms: $1,040, 3-bedrooms: $1,190. The most common rental property sizes in Fayette, MO are 2-bedroom and 3-bedroom, accounting for 46.3% and 32.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,040 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $595 | $698 |
| 2 Bed Rent | $1,000 | $1,040 |
| 3 Bed Rent | $1,100 | $1,190 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Fayette, MO
As of Oct '25, Realtor.com reports that the median days on market for a home in Fayette, MO is 65. This is a increase of 40.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $264,000 | -2.0% |
Listing Count | 12 | 19.0% |
| Listings as % of Homes | 0.2% | 19.0% |
Days on Market | 65 | 40.0% |
Demographics — Fayette, MO
As of the latest ACS Survey released in 2023, Fayette, MO has a population of 4,390, which has remained stable by 0.3% over the past 5 years. Fayette, MO is a moderately popular place for families, as children make up 21.2% of the population. The area has a moderately educated workforce, with 30.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,390 | 0.3% |
% Under 18 | 21.2% | 8.7% |
% Seniors | 16.8% | -6.7% |
% WFH | 11.4% | 65.2% |
% w/ College Degree | 30.7% | 12.5% |
As of the latest ACS Survey released in 2023, Fayette, MO is a predominantly white area, with 82.8% of the population identifying as white. The white population has shrunk by 6.7% in the last 5 years. The second most common race or ethnicity in Fayette, MO is black, making up 8.8% of the population. Foreign-born residents account for 1.8% of the population in Fayette, MO, and this percentage has increased by 63.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 82.8% | -6.7% |
% Black | 8.8% | 2.3% |
% Hispanic | 3.7% | 428.6% |
% Asian | 0.6% | ∞% |
% Foreign Born | 1.8% | 63.6% |
Mortgage and Risk — Fayette, MO
According to HUD data as of 2023, there were 73 mortgage originations in Fayette, MO, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 86.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Fayette, MO. Investor activity is high, as 32.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 73 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 32.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Fayette, MO
Fayette, MO lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 63 |
Total Units Section 8 | 13 |
% Rentals under Section 8 | 3.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $125 | $595 | $720 |
| 2 Bedroom | -$60 | $1,000 | $940 |
| 3 Bedroom | $30 | $1,100 | $1,130 |
| 4 Bedroom | N/A | N/A | $1,350 |
Affordability — Fayette, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $218,000 |
| Median Household Income | $53,800 |