Home prices
Fayette's median home price is $69,100. Compared to nearby areas this is about $12,160 (14%) lower.It is roughly $148,400 (68%) lower in comparison to the rest of the country, and compared to the city of Jackson is approximately $21,600 (23%) lower.
Rents
The median rent in Fayette is $379 a month. In comparison to the surrounding areas this is about $234 (38%) lower.Compared to the entire nation it is roughly $683 (64%) lower, and compared to the city of Jackson is about $468 (55%) lower.
Nearby places
Alcorn State University
Alcorn State University is roughly 13 miles north from Fayette. Its real estate prices are significantly more expensive. Alcorn State University's median home price is $161,900, which is $92,800 (57%) higher than Fayette. The rent there is substantially more expensive. In Alcorn State University the median rent is $591 per month, which comes out to $212 (35%) higher than Fayette.
Roxie
Roxie is roughly 15 miles south of Fayette. The real estate prices there are somewhat more expensive. The value of the median home in Roxie is $74,000, which works out to $4,900 (6%) higher than Fayette. Its rents are a bit more expensive. Roxie's median rent is $481 a month, which is $102 (21%) higher than Fayette.
St. Joseph
St. Joseph is roughly 18 miles northwest of Fayette. The real estate prices there are substantially less expensive. The median home in St. Joseph is valued at $37,800, which comes out to $31,300 (82%) lower than Fayette. Rent there is substantially more expensive. St. Joseph's median rent is $564 per month, which comes out to $185 (32%) higher than Fayette.
Morgantown
Morgantown is about 18 miles southwest from Fayette. The real estate prices there are a bit more expensive. The price of the median home in Morgantown is $78,400, which works out to $9,300 (11%) higher than Fayette. Its rents are substantially more expensive. In Morgantown the median rent is $941 per month, which comes out to $562 (59%) higher than Fayette.
Waterproof
Waterproof is roughly 18 miles northwest from Fayette. Real estate prices there are a bit less expensive. The median home in Waterproof costs $54,200, which comes out to $14,900 (27%) lower than Fayette. Rent there is somewhat more expensive. Waterproof's median rent is $489 a month, which is $110 (22%) higher than Fayette.
