Home prices
The median home price in Fayette is $143,800. Compared to nearby areas this is approximately $36,140 (20%) lower.It is about $73,700 (33%) lower in comparison to the United States as a whole, and compared to the city of Provo is approximately $127,500 (46%) lower.
Rents
The median monthly rent in Fayette is $675. Compared to nearby areas this is approximately $102 (13%) lower.Compared to the nation as a whole it is approximately $387 (36%) lower, and in comparison to the city of Provo it is roughly $202 (23%) lower.
Nearby places
Gunnison
Gunnison is approximately 5 miles south from Fayette. Its housing prices are a bit more expensive. The median home price in Gunnison is $172,600, which comes out to $28,800 (16%) higher than Fayette. The rent there is pretty similar. In Gunnison the median rent is $647 a month, which is $28 (4%) lower than Fayette.
Centerfield
Centerfield is approximately 6 miles south of Fayette. Real estate prices there are a bit more expensive. The median home in Centerfield is valued at $205,100, which is $61,300 (29%) higher than Fayette. Its rents are similar. The median monthly rent in Centerfield is $671, which is very similar to Fayette.
Mayfield
Mayfield is about 9 miles southeast of Fayette. The housing prices there are somewhat more expensive. The value of the median home in Mayfield is $169,400, which comes out to $25,600 (15%) higher than Fayette. Rent there is a lot more expensive. The median monthly rent in Mayfield is $1,022, which works out to $347 (33%) higher than Fayette.
Manti
Manti is approximately 10 miles east from Fayette. Its housing prices are a bit more expensive. The median home cost in Manti is $168,400, which is $24,600 (14%) higher than Fayette. Rent there is a little more expensive. Manti's median rent is $754 per month, which is $79 (10%) higher than Fayette.
Scipio
Scipio is about 11 miles west from Fayette. Housing prices there are a bit more expensive. Scipio's median home cost is $184,200, which is $40,400 (21%) higher than Fayette. Its rents are somewhat more expensive. The median rent in Scipio is $789 per month, which is $114 (14%) higher than Fayette.
