City:

Fayette, MO

Fayette is a city in the state of missouri with a population of roughly 4,459. It is in Howard, Missouri Its Zip codes include 65248 .

Trends in Home Prices in Fayette, MO

Fayette is a small town located in the Ozarks of Missouri. The population is just over 2,000 people and there are only a handful of businesses in the town. The economy is based largely on agriculture and tourism.

Real estate in Fayette is dominated by single-family homes. There are a few multi-unit buildings, but they are relatively rare. The average price for a single-family home in Fayette is around $130,000. The median price for a home in Fayette was $135,000 as of September 2017.

The market for real estate in Fayette has been slow to recover from the recession. In fact, as of September 2017 the market had only recovered to its pre-recession level by about 10%. This means that there are still plenty of opportunities to buy or sell a home in Fayette if you're looking for an affordable option.

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