Lafayette Indiana Real Estate
Lafayette, Indiana was recently named one of the 10 most desirable real estate markets in the United States, according to Realtor.com. Lafayette Indiana topped the list of Indiana's top performing real estate markets for the second month in a row, the third consecutive month it has topped the list.
West Lafayette is represented as the median home value with a median income of $420, which is the second highest median in Indiana and the third highest in Indiana. West Lafayette is also 10.4% larger, with a median property tax of $1,207, and is about twice as large in terms of the number of renters paying for utilities in West Purdue, Indiana, as it is in Indiana. Also measured by Indianapolis, the 826% rental rate in West Lafayette provides the frequency and distribution of home prices within the area and was useful for understanding affordable housing funds. It is also the fourth largest city in terms of the percentage of renters paying utility bills for their homes, and also the tenth largest by metric, with an average cost of utilities for homeowners in the region of 1.5% of their income.
West Lafayette has a median home value of $224,000, the highest of any other city in the West Lafayette metropolitan area. The region shows the total number of units occupied by owners and provides information on the percentage of owners - residential units in each city and the median value of units. West Purdue, Indiana: The share of renters (64.8%) is larger than any other place larger than West Lafayette, but it is also the fourth largest city in terms of rental prices, with an average utility bill for homeowners of 1.5% of their income, and also about twice as large as the tenth largest city in Indiana.
West Lafayette has the second highest median in the West Lafayette area and surrounding region, with a total of $56,000, and one of the highest mortgage rates of any other Indiana city, at 18%. West Purdue, Indiana: The share of renters (64.8%) is higher than in any other Purdue County district, but it is also the fourth largest in terms of rental prices, with an average utility bill of 1.5% of their income. West Louisville, Kentucky: West Lilly County: East Lafayette has the third highest average home price of $2,843,500, while the average mortgage rate of all other Lafayette County cities is a no mortgage (9%), all above the national average of 2.4%.
West Lafayette is about 16.4% smaller in terms of rental prices, compared to the US average of 1.062%, and it is also about 11.7% smaller in terms of median property taxes paid, compared to the US average of 2.471%. West Purdue, Indiana: West Lafayette has the third highest average home price, at $2,843,500, but is actually 14.6% larger than any other county in Lafayette County, with a rental rate of 3.1% and an average utility bill of 0.5% of their income, both above the national average.
To learn more about how these numbers affect you, call or contact The Romanski Group for more information on the real estate market in Lafayette County, Indiana.
Want the latest inside information on your area's market before settling into a house in Lafayette? With this information, you are ready to consult with a professional real estate agent like the Romanski Group to get the most accurate information about Lafayette County, Indiana's real estate market. If you are looking for a new home for yourself, your family or your surroundings, don't miss out on getting the information you need and connecting with the Romanskis Group at the best prices and bargains on the market in the Lafayette region. Remember that you bought the dream home before the buyer, because you have the right information for you and much more than just the price of the property.
Lafayette, the Keller Williams office in Indiana, also has a team looking for new agents trained by the efforts of former clients and recommendations, and working to lure home buyers into their market through their efforts and recommendations of previous clients. In addition, the quality of the real estate market in Lafayette and surrounding communities allows the team to best serve you. Experienced agents thrive in the Lafayette basement office, and we're confident they can do the same. Our Lafayette brokers know how to interpret your questions and answers and can help you meet them.
He is a Certified General Appraiser in the state of Indiana and is working on his MAI nomination. He is also a licensed real estate agent, is a certified member designate of the Indiana Association of Realtors (IAR) and Indiana Real Estate Broker Association (INRA), and is and was a Certified General Appraiser in Indiana. Take it into your own hands to find out why you have invested in real estate and what you want to achieve in your new career.