Welcome to our 47901 real estate data hub, tailored for investors in Lafayette, IN. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 47901 in Lafayette, IN. Discover Section 8 housing opportunities and challenges to maximize your investment potential in TIPPECANOE COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Lafayette, IN real estate investing. Uncover the wealth of information available, and position yourself for success in the Lafayette property market.
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Location Overview
- Zip Code: 47901
- City: Lafayette
- State: IN
- Metro Area: Lafayette-West Lafayette, IN
- County Name: TIPPECANOE COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $216,058
- Average Home Price (Single Family Homes): $207,893
- Average Monthly Rental Price (All Types): $972
- Price-to-Rent Ratio: 19
- Zillow Projected % appreciation from 4/2023-4/2024: 2.4%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $980
- Average 3 Bedroom Section 8 Rental Rates: $1,210
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 18.37
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 14.88
- Number of Units Offered in Section 8 in the County: 1394
- Number of Occupied Units in Section 8 in the County: 1312
- Percentage of Section 8 Units Occupied in the County: 94.09999847%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): Not Available
- Total % Appreciation since 2000 (Government Data): 69.11
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 3.54%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 4.86%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 35.34%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 50.44%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 99.67%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 99.62%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -1.01%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%