Why Live in Hedgewood
Hedgewood in Lafayette is a residential neighborhood featuring compact, mid-20th-century ranch-style homes with stone, brick, or vinyl exteriors. These homes, averaging around 1,482 square feet, are situated on smaller lots with rounded streets and cul-de-sacs, creating a cozy community feel. Hedgewood Park, located centrally, offers an acre of green space with a playground and open field for soccer. Nearby, Rest Haven Memorial Park provides a serene environment with a duck pond. Munger Park, a larger green space with a paved trail and fishing pond, is also close by. For shopping and dining, Market Square is less than a mile west, hosting around 30 shops and eateries, including the popular Arni's Restaurant and The Downtowner. The area is served by Jefferson High, a highly rated school. Hedgewood is about 2.4 miles northeast of downtown Lafayette, with Union Street providing a direct route to the city center and Purdue University. Public transportation is accessible from Greenbush Street, with the 1A bus heading downtown. The neighborhood's crime rate is lower than the national average, contributing to its appeal for families and individuals seeking a peaceful living environment.
Home Trends in Hedgewood, IN
On average, homes in Hedgewood, Lafayette sell after 195 days on the market compared to the national average of 70 days. The median sale price for homes in Hedgewood, Lafayette over the last 12 months is $650,000, up 97% from the median home sale price over the previous 12 months.
Median Sale Price
$650,000
Median Single Family Sale Price
$650,000
Average Price Per Sq Ft
$265
Number of Homes for Sale
0
Last 12 months Home Sales
5
Median List Price
$675,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
97%