Fayette, AL · Market Data

Fayette, Alabama real estate market data.

Real estate market data for Fayette, AL (Fayette County) — Census median home value $122,100, county listing prices up about 11.0% over the past year.

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Fayette, AL is in Fayette County, Alabama — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 4,221, with a median household income of $38,009. Census data puts Fayette's median home value at $122,100.

At a glance

Fayette market snapshot

Population

4,221

Median Household Income

$38,009

Median Home Value (city)

$122,100

Median Gross Rent

$589/mo

Price Trend (YoY)

+11.0%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Fayette

What makes Fayette different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Fayette's median home value — across all owner-occupied homes, not just recent sales — at $122,100.

County Price Trend

Fayette County's FHFA house price index shows a 11% annual change in 2025.

Population & Income

Fayette has an estimated population of 4,221 and a median household income of $38,009, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Fayette's Census-reported median home value works out to about 3.2x the area's median household income, and median gross rent runs roughly 19% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Fayette FAQ

What are home values like in Fayette, AL?

The Census Bureau's American Community Survey puts Fayette's median home value at $122,100.

What is the population of Fayette, AL?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Fayette's population at approximately 4,221.

What's the median rent in Fayette, AL?

The Census ACS estimates median gross rent in Fayette at approximately $589 per month.

What is the median household income in Fayette, AL?

Census ACS data puts the median household income in Fayette at approximately $38,009.

Is the Fayette housing market growing?

Fayette County's FHFA house price index shows a 11% annual change in 2025.

Is Fayette, AL affordable relative to income?

Census ACS data puts Fayette's median home value at about 3.2 times the median household income, with median gross rent equal to roughly 19% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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