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Featured local agent — Fayette, OH
Sarah Mitchell
Compass Real Estate · Fayette, OH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Fayette, OH Housing Market & Real Estate
Housing market overview · Updated monthly ·
$172,500median sale price
How is the Fayette, OH housing market right now?
The median home sale price in Fayette, OH is $172,500, up 12.8% year-over-year. Homes sell in an average of 42 days with 5 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Fayette a buyer's or seller's market?
Fayette, OH is currently a balanced market, based on 5.0 months of supply and homes selling in about 42 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
42
Average pace
Active listings
5
5.0 months supply
Sale-to-list
101.5%
Above asking
What does the Fayette housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $172,500 |
| Median list price | $137,000 |
| Year-over-year price change | +12.8% |
| Average days on market | 42 days |
| Active inventory | 5 listings |
| Months of supply | 5.0 months |
| Sale-to-list price ratio | 101.5% |
| Median price per sq ft | $102/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Fayette by property type?
How the Fayette, OH market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $172,500 | $102/sq ft | 1 | 42 days |
Source: Redfin · Updated monthly
The Fayette housing market is currently classified as a balanced market with a median sale price of $172,500. Prices have risen 12.8% compared to last year, with homes spending an average of 42 days on market, indicating 5.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.5x provides context for how home values compare to local earning capacity.
Homes for sale in Fayette
There are currently 5 homes listed for sale in Fayette, Ohio. The median listing price is $137K.
Active listings
5
Homes on market
Median list price
$137K
Avg. days on market
42
Days until sale
New this week
1
Newly listed
Who lives in Fayette?
Population
1,074
Median income
$47,500/yr
Median age
43.5 years
Owner-occupied
51.8%
College grads
10.3%
Avg commute
22.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Fayette?
Zillow home value
$167,810
Price-to-income
3.5x
Source: Zillow Research
What is it like to live in Fayette?
Fayette is a community of approximately 1K residents with a median age of 43.5 years.The median household income is $47,500, which represents a working-class community with solid middle-income opportunities. 10.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 51.8%, showing a blend of owner and renter-occupied properties. The average commute time is 22.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Fayette offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Fayette?
2 schools tracked · 368 students
The largest public schools serving Fayette, OH by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Fayette Elementary School
Grades PK-6 · 229 students
Fayette Jr/Sr High School
Grades 7-12 · 139 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Fayette, OH?
Want a head-to-head view? Compare Fayette side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Fayette?
The median home sale price in Fayette is $172,500, up 12.8% from last year.
How long do homes stay on market in Fayette?
Homes typically spend 42 days on market before going under contract.
What is the median income in Fayette?
The median household income is $47,500 per year.
Is Fayette a buyer's or seller's market?
With 5.0 months of supply, Fayette is currently a balanced market.
What is the Zillow home value estimate for Fayette?
The Zillow Home Value Index (ZHVI) for Fayette is $167,810, representing the typical home value in the area.
How much does a single-family home cost in Fayette?
The median single-family home price in Fayette, OH is $172,500 (about $102 per square foot).
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