Centennial, Lafayette, IN
Centennial — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Centennial, Lafayette, Indiana. Explore the cited sources and local facts below while agent underwriting continues.
Last verified:
Centennial Neighborhood Overview
Centennial is a neighborhood located in Lafayette, Indiana, within the 47901 ZIP code. Positioned near the coordinates 40.4177, -86.8884, it offers residents convenient access to the broader Lafayette area. The community presents a distinct residential profile within the city's landscape.
Lifestyle & Amenities
Residents of Centennial enjoy proximity to the amenities and services of Lafayette. The neighborhood's location provides easy access to shopping, dining, and local parks. Its setting supports a practical, connected lifestyle for those living there.
Real Estate Market
The Centennial real estate market is characterized by a very high rental population, with a homeownership rate of just 8%. The median home value is $256,100, while the median monthly rent is $904, and properties spend an average of 118 days on the market. This data indicates a market primarily serving renters with a slower sales pace.
Schools & Education
Families in the Centennial neighborhood are served by the Lafayette School Corporation. The specific schools serving the area are determined by district zoning maps. Residents have access to the public education system within the city.
Transportation & Connectivity
The neighborhood benefits from Lafayette's road network, including nearby State Road 26. Public transportation is provided by the local bus service, CityBus. This connectivity facilitates commutes to downtown Lafayette, Purdue University, and major employers.
Why Choose Centennial
Centennial appeals to renters seeking an affordable entry point into the Lafayette housing market, with median rents below the national average. Its central location offers a balance of residential quiet and urban convenience. The neighborhood represents a practical choice for those prioritizing accessibility and value.
Centennial Market Data
| Metric | Value |
|---|---|
| Median Home Price | $256K |
| Median Gross Rent | $904/mo |
| Median Household Income | $41K |
| Homeownership Rate | 7.6% |
| Renter-Occupied | 92.4% |
| Rental Vacancy Rate | 4.8% |
| Market Type | Balanced |
| Market Tier | Mid-Market |
| Primary ZIP Code | 47901 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 200,703 |
| VA Loan Originations | 9,853 |
| VA Loan Share | 0.1% |
| Average VA Loan Amount | $255K |
| Conventional Loan Originations | 166,323 |
| FHA Loan Originations | 24,527 |
Top Real Estate Agents in Centennial, Lafayette
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Centennial, Lafayette, IN. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Indiana Real Estate Commission (IREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15