Why Live in Potter Hollow
Potter Hollow in Lafayette is a neighborhood known for its well-constructed homes, featuring ranch-style houses with decorative brick or stonework, chimneys, and bay windows, as well as multi-story Colonials and raised ranches. These homes often include high-end finishes like crown molding and hardwood floors, and are set back from the street with large front yards shaded by mature trees. McCaw Park, located just southwest of the neighborhood, offers 26 acres of outdoor amenities, including a popular pickleball destination with plans to expand the courts, a walking trail, playground with climbing features, and the McPaw dog park. The neighborhood is approximately 3.7 miles east of downtown Lafayette, with Union Street providing easy access to the city center and West Lafayette, home to Purdue University. Jefferson High, a highly-rated school offering over 60 dual credit courses, serves the area. Potter Hollow is also close to South Street, a major commercial hub with a variety of dining options, including fast food, sit-down chains, and local favorites like Mountain Jack's steakhouse and Fresh Thyme Market. The neighborhood enjoys a low crime risk compared to the national average, making it a practical choice for families.
Frequently Asked Questions
Is Potter Hollow a good place to live?
Potter Hollow is a good place to live. Potter Hollow is considered very car-dependent and somewhat bikeable with minimal transit options. Potter Hollow has 2 parks for recreational activities. It has a median age of 44. The average household income is $81,918 which is below the national average. College graduates make up 33% of residents. A majority of residents in Potter Hollow are home owners, with 31.4% of residents renting and 68.6% of residents owning their home. A
local real estate agent serving Potter Hollow can help you decide if this neighborhood is the right one for you. Learn more on our
Potter Hollow neighborhood guide.
How much do you need to make to afford a house in Potter Hollow?
The median home price in Potter Hollow is $299,950. If you put a 20% down payment of $60,000 and had a 30-year fixed mortgage with an interest rate of 6.17%, your estimated principal and interest payment would be $1,460 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $63K a year to afford the median home price in Potter Hollow. The average household income in Potter Hollow is $82K.
What are the best public schools in Potter Hollow?
The best public schools that serve Potter Hollow are:
What are the best private schools in Potter Hollow?
The best private schools that serve Potter Hollow are:
What are the most popular zip codes in Potter Hollow, Lafayette, IN?
What are the most popular neighborhoods near Potter Hollow, Lafayette, IN?
Are home prices dropping in Potter Hollow?
Yes, home prices in Potter Hollow are down 6% in the last 12 months.
Home Trends in Potter Hollow, IN
On average, homes in Potter Hollow, Lafayette sell after 17 days on the market compared to the national average of 53 days. The median sale price for homes in Potter Hollow, Lafayette over the last 12 months is $263,000, down 8% from the median home sale price over the previous 12 months.
Median Sale Price
$263,000
Median Single Family Sale Price
$281,500
Average Price Per Sq Ft
$141
Number of Homes for Sale
1
Last 12 months Home Sales
5
Median List Price
$299,950
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-8%