One of the reasons why the Lafayette real estate industry continues to be stable is due to its rich historical and traditional diversity and richness. During the mining boom, Lafayette became a central area of development. Thus, it is not surprising to discover Lafayette homes for sale that are made of bricks and are a part of the city's charm and beauty. The Historic district of Lafayette is found in West Lafayette and Old Town, which also houses the Lafayette Miners Museum. However, the appeal of this city does not only come from its rich history, but also from the availability of modern amenities and recreational facilities. The Lafayette Public Library, Bob L Burger Recreation Center, and the Indian Peaks Golf Course are just some of the main attractions of this Colorado city.

Lafayette was named after the husband of the city's founder, Mary Miller, who was responsible for the popularity of the mining industry of this area decades ago. In 1914, aside from homes and farms, the Lafayette real estate landscape included commercial establishments, such as four hotels and big banks. Up to now, Lafayette was able to maintain its image as one of the progressive cities in the state of Colorado.

Benefits of Investing in Lafayette Real Estate

If you are interested in investing in Lafayette real estate, you should know that the median price of old Lafayette homes for sale is at $389,000, while the median price for new homes is at $320,000. Other important information that possible investors need to know about this city is that the median income of Lafayette is $67,031 and the cost of living is slightly above the country's average. Although unemployment rate in the area is 4.7%, experts estimate that job growth in Lafayette can potentially increase to 30.5%. Lastly, families who are looking at making this city their home should be aware that there are numerous elementary, mid, and high schools all around the city.