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Springfield PlantationSpringfield Plantation · Photo: Lordoliver at en.wikipedia · Public domain
Housing in Fayette

9 homes sold in Fayette in the last year, at a typical $54K

Almost every sale is a house. Below: a shortcut to every site where Fayette homes are listed.

Homes sold
9
October 2025 to September 2026
Typical sale price
$54K
median, weighted by sales
Price per square foot
$43
Mississippi $147
Paid vs. asking
102.1%
23% sold over asking
Rent or buy?

Owning the typical Fayette home costs about $318 a month

Mortgage
Property tax
Insurance
Rent

Price: Fayette’s typical sale, last 12 months. Property tax at Fayette’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Fayette is affordable on local pay is on Cost of living.

Before you buy in Fayette

Five things worth knowing

0.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $54K home, about $440 a year.

Taxes vs. neighbors
B−

Schools

The schools grade for Fayette, from test results, graduation and how much students grow.

Schools in Fayette
16 min

Typical commute

The average one-way trip to work for people who live in Fayette.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Selling, or renting out?

Post your home to Fayette, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Fayette. People who follow the town see it, and so do people comparing Fayette with their own town. No commission, no listing fee.

Questions about buying a home in Fayette

What do homes sell for in Fayette, MS?

9 homes sold in the year to September 2026 at a typical $54K, $43 a square foot.

How much are property taxes in Fayette?

About 0.8% of a home’s value a year. On a $54K home that’s near $440.

Where can I see homes for sale in Fayette?

Zillow, Redfin, Realtor.com and Homes.com all carry Fayette’s MLS listings; the search links above open each one filtered to Fayette.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).