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Housing in Fayette

A typical Fayette home is worth roughly $223,000

Home prices around Fayette have risen about 64% over the past 5 years.

Typical home value
$223K
▲ 5.7% in a year · WI $340K
Estimate
2-bedroom rent
$1,120
a month, utilities in · HUD
Median tax bill
$3,096
WI $3,792

What kind of housing town is Fayette?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

What it takes to buy in Fayette

Try your own numbers below.

You could afford about
$279,000
Typical Fayette home $223K

That covers a typical Fayette home, with $56K to spare.

The typical home, each month
$1,430
Loan $1,110Tax $260Insurance $70

A two-bedroom rents for about $1,120 a month here, $310 less than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Wisconsin typical property tax (1.42% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

91% of Fayette households own their home

Half of Fayette’s homes were built before 1960.

Owners and renters
Own 91%Rent 9%

Wisconsin: 68% own.

1960
typical home built · WI 1975
$3,096
median property tax bill · WI $3,792
5%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Price trend

Home prices up 64% in 5 years

The federal house price index for the ZIP codes around Fayette rose 64% over the past 5 years, faster than across Wisconsin (57%). Last year prices rose 5.7%.

Fayette areaWisconsin
0%+50%+100%+150%+200%200020052010201520202025
+5.7%
past year
+64%
past 5 years
+98%
past 10 years

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Fayette, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Renting

A two-bedroom rents for about $1,120

Renters already here pay a median of $631, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$810
1 bedroom$950
2 bedrooms$1,120
3 bedrooms$1,520
4 bedrooms$1,680
9%
of households rent · WI 32%
7
renter households
$631
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Lafayette County, WI): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Fayette vs. its neighbors

Fayette is the least expensive of 3 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Fayette$223K*+5.7%†$1,120—$88,125
Waldwick—+4.3%†$1,090—$90,250
Lamont—+1.1%†$1,030—$98,125
Blanchard—+12.2%†$1,3301$97,500
Argyle$295K+10.2%$1,090—$83,750
Willow Springs$352K*+2.7%†$1,0303$90,978

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Fayette buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Fayette still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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