Fayette is a charming town located in Alabama’s Black Belt region. Known for its small-town charm, historic homes, and community pride, Fayette offers homebuyers a unique opportunity to own a piece of history in a welcoming community. If you’re looking for your next home in Fayette, here’s an overview of the real estate market and some of the area’s premier properties currently for sale.
An Overview of Fayette’s Real Estate Market
The real estate market in Fayette is defined by its historic homes and buildings interspersed with some new construction. Home styles range from Victorian and Craftsman bungalows to ranch houses and newer brick homes. Lot sizes are generous, giving many properties a more rural feel despite being close to Main Street.
Real estate prices in Fayette are very reasonable compared to state and national averages. According to Zillow, the median home value in Fayette is around $86,000 as of October 2022. This makes the area very attractive for first-time homebuyers and families looking for an affordable cost of living within commuting distance of Tuscaloosa and other major cities.
The current real estate inventory is low, with fewer than 50 homes for sale at any given time. However, new listings come on the market regularly, especially during the spring and summer. Homes priced under $150,000 tend to sell quickly, while higher-end homes remain on the market longer.
Features Buyers Love in Fayette Homes
Fayette homebuyers are attracted to properties with historic charm, spacious yards, and proximity to community amenities like schools and downtown. Some key features popular in local real estate include:
- Vintage architecture – From Queen Anne Victorians to cozy bungalows, Fayette’s historic homes offer timeless designs and charming details like built-ins, hardwood floors, and unique fireplaces.
- Wrap-around porches – Large covered porches are ideal for relaxing outdoors and add Southern charm.
- Mature trees – Towering oaks and magnolias provide shade and privacy.
- Outbuildings – Barns, stables, and carriage houses allow additional storage or workspace on larger lots.
- Updated kitchens and baths – While preserving historic features, many sellers update kitchens and bathrooms for modern convenience.
- Community pool access – Homes inside the city limits enjoy access to the municipal pool for summertime fun.
Alluring Properties Currently, the Market
This sampling of Fayette homes for sale demonstrates the excellent selection and reasonable prices in the current real estate market.
Charming Craftsman with Downtown Convenience
This 1916 Craftsman bungalow has beautiful hardwood floors, built-in cabinets, and a cozy front porch with a swing perfect for watching small-town life. The living and dining rooms have soft grey walls and a remoulded kitchen with stainless steel appliances. Two nice-sized bedrooms and one updated bathroom complete the home. Located just two blocks from the historic downtown square, it’s listed for $139,900.
Stunning Victorian with Gourmet Kitchen
Built-in 1897, this Victorian showpiece has a welcoming front porch and gorgeous architectural details throughout its three stories. The main level has a living room with a fireplace, a formal dining room, an eat-in kitchen with high-end stainless appliances and granite counters, and a lavish primary suite. Two more bedrooms are upstairs, and a separate apartment is on the third floor. Priced at $219,900, it’s a rare find for Victorian lovers!
Charming Ranch Home with Barn & Pasture
Situated on 2.5 acres, this brick ranch-style home boasts plenty of room to roam inside and out. Inside, there’s a split bedroom floorplan with a cozy living room and family room, each with a fireplace. The updated kitchen has stainless appliances and opens to the dining room and back deck. Outdoors, amenities include a wrap-around porch, detached 2-car garage, small barn, and fenced pasture – perfect for horses or other livestock. Priced at just $179,900, it’s ideal for rural living just minutes from town.
Ready to Find Your Fayette Dream Home?
If you’re looking for a quaint historic home, farmhouse retreat, or cozy starter bungalow, Fayette has much to offer homebuyers. The real estate market features affordable prices, great community amenities, and Southern small-town living at its best. Contact a local real estate agent specialising in the Fayette area to view current listings of homes for sale in Fayette or get pre-qualified for home financing. They can provide up-to-date market insights and schedule showings of properties that match your wish list. Start your real estate search today!