Why Live in Fayette
Fayette, a rural neighborhood in Ohio, is known for its close-knit community of over 2,500 residents, where everyone looks out for each other. Located 44 miles from Toledo, Fayette is surrounded by cornfields and offers a peaceful lifestyle with attractions like Harrison Lake State Park, which provides year-round outdoor activities such as swimming, fishing, hiking, and camping. The park also features a dog swim area and winter activities like sledding and ice fishing. The Fayette Opera House, a cultural hub since 1889, hosts various performances and events, while the annual Royal Bull Thistle Arts Festival at Normal Grove Community Park is a highlight, featuring fireworks and drawing large crowds. Dining options include Louie’s Pizza Shop, Freddy’s Place Bar and Grille, and One More Bar and Grill, known for their American fare and popular taco nights. Residents can shop for essentials at Fayette Supermarket or travel to nearby Archbold or Wauseon for more options. Housing in Fayette includes older ranch-style and American Foursquare homes, some over a century old, with prices ranging from affordable fixer-uppers to larger properties on several acres. The neighborhood's schools are highly rated, with Fayette Elementary, Junior High, and Senior High Schools offering small class sizes and personalized attention.
Frequently Asked Questions
Is Fayette a good place to live?
Fayette is a good place to live. Fayette is considered very car-dependent and somewhat bikeable. Fayette is a rural neighborhood. Fayette has 3 parks for recreational activities. It has a median age of 42. The average household income is $63,027 which is below the national average. College graduates make up 11.4% of residents. A majority of residents in Fayette are home owners, with 29% of residents renting and 71% of residents owning their home. A
local real estate agent serving Fayette can help you decide if this neighborhood is the right one for you. Learn more on our
Fayette neighborhood guide.
How much do you need to make to afford a house in Fayette?
The median home price in Fayette is $394,331. If you put a 20% down payment of $78,900 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,040 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $87K a year to afford the median home price in Fayette. The average household income in Fayette is $63K.
What are the best public schools in Fayette?
The best public schools that serve Fayette are:
What are the most popular zip codes in Fayette, Fayette, OH?
Are home prices dropping in Fayette?
Yes, home prices in Fayette are down 64% in the last 12 months.
Home Trends in Fayette, OH
On average, homes in Fayette, OH sell after 95 days on the market compared to the national average of 70 days. The median sale price for homes in Fayette, OH over the last 12 months is $361,000, down 32% from the median home sale price over the previous 12 months.
Median Sale Price
$361,000
Median Single Family Sale Price
$361,000
Median Townhouse Sale Price
$224,994
Average Price Per Sq Ft
$200
Number of Homes for Sale
3
Last 12 months Home Sales
12
Median List Price
$394,331
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-32%
