Home prices
The median home in Fayette costs $69,800. This is about $17,360 (19%) lower compared to other places in this area.It is about $147,700 (67%) lower compared to the rest of the country, and it is approximately $20,600 (41%) higher compared to the city of Detroit.
Rents
In Fayette the median monthly rent is $624. It is approximately $91 (12%) lower in comparison to its surrounding areas.It is approximately $438 (41%) lower compared to the nation as a whole, and is about $200 (24%) lower in comparison to the city of Detroit.
Nearby places
Waldron
Waldron is approximately 5 miles northwest of Fayette. Housing prices there are substantially less expensive. The median home cost in Waldron is $42,100, which comes out to $27,700 (65%) lower than Fayette. Rents there are somewhat more expensive. In Waldron the median monthly rent is $690, which is $66 (9%) higher than Fayette.
Morenci
Morenci is roughly 5 miles northeast from Fayette. Its real estate prices are a bit more expensive. The median home in Morenci is valued at $74,100, which works out to $4,300 (5%) higher than Fayette. Rents there are a little more expensive. In Morenci the median monthly rent is $759, which comes out to $135 (17%) higher than Fayette.
West Unity
West Unity is roughly 7 miles southwest from Fayette. Housing prices there are somewhat more expensive. The median home in West Unity costs $93,000, which is $23,200 (24%) higher than Fayette. Rent there is fairly similar. In West Unity the median monthly rent is $631, which is $7 (1%) higher than Fayette.
Pioneer
Pioneer is about 9 miles west from Fayette. The housing prices there are a little more expensive. The median home in Pioneer is valued at $93,800, which is $24,000 (25%) higher than Fayette. Rents there are a little more expensive. Pioneer's median monthly rent is $797, which is $173 (21%) higher than Fayette.
Pettisville
Pettisville is approximately 10 miles southeast of Fayette. Housing prices there are a lot more expensive. The price of the median home in Pettisville is $132,800, which comes out to $63,000 (47%) higher than Fayette. Rent there is somewhat more expensive. In Pettisville the median rent is $700 per month, which works out to $76 (10%) higher than Fayette.
