Home prices
The price of the median home in Fayette is $94,700. This is about $13,120 (12%) lower in comparison to the surrounding areas.It is roughly $122,800 (56%) lower in comparison to the US as a whole, and in comparison to the city of Columbia it is roughly $97,100 (50%) lower.
Rents
The median monthly rent in Fayette is $758. This is roughly $93 (13%) higher compared to its surrounding areas.In comparison to the entire nation it is roughly $304 (28%) lower, and compared to the city of Columbia is about $129 (14%) lower.
Nearby places
Armstrong
Armstrong is approximately 8 miles north from Fayette. The real estate prices there are significantly less expensive. The median home value in Armstrong is $52,500, which is $42,200 (80%) lower than Fayette. Its rents are a little less expensive. The median rent in Armstrong is $613 a month, which is $145 (23%) lower than Fayette.
Glasgow
Glasgow is approximately 9 miles northwest of Fayette. The real estate prices there are fairly similar. The median home price in Glasgow is $96,100, which comes out to $1,400 (1%) higher than Fayette. Rents there are a lot less expensive. In Glasgow the median monthly rent is $543, which works out to $215 (39%) lower than Fayette.
New Franklin
New Franklin is about 9 miles south of Fayette. Its housing prices are similar. The median home cost in New Franklin is $92,500, which is $2,200 (2%) lower than Fayette. Rents there are a lot less expensive. New Franklin's median monthly rent is $458, which comes out to $300 (65%) lower than Fayette.
Harrisburg
Harrisburg is approximately 10 miles east of Fayette. Its real estate prices are somewhat more expensive. The median home value in Harrisburg is $133,000, which works out to $38,300 (28%) higher than Fayette. The rent there is similar. In Harrisburg the median monthly rent is $775, which is $17 (2%) higher than Fayette.
Rocheport
Rocheport is about 12 miles southeast of Fayette. Real estate prices there are a lot more expensive. The median home in Rocheport is valued at $165,000, which is $70,300 (42%) higher than Fayette. Rent there is somewhat more expensive. Rocheport's median monthly rent is $938, which is $180 (19%) higher than Fayette.
