Happy Hollow, West Lafayette, IN
Happy Hollow — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Happy Hollow, West Lafayette, Indiana. Explore the cited sources and local facts below while agent underwriting continues.
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Happy Hollow Neighborhood Overview
Happy Hollow is a residential neighborhood in West Lafayette, Indiana, located within the 47906 ZIP code. It offers a quiet, suburban atmosphere with convenient access to the amenities of a vibrant college town. The area is characterized by its mature trees and a mix of single-family homes.
Lifestyle & Amenities
Residents enjoy a family-friendly environment with nearby parks and local shopping options. The neighborhood's proximity to Purdue University provides cultural and sporting events just a short drive away. Daily conveniences, including grocery stores and restaurants, are easily accessible.
Real Estate Market
The Happy Hollow real estate market is active, with homes typically selling quickly. The median home value is $258,800, while the median monthly rent is $1,068. The homeownership rate is 44%, and properties average just 6 days on the market.
Schools & Education
Happy Hollow is served by the West Lafayette Community School Corporation, which is highly regarded in the state. The neighborhood is close to top-rated public schools, and Purdue University's world-class campus is a major local institution. Educational opportunities from elementary through postgraduate levels are a defining feature of the area.
Transportation & Connectivity
The neighborhood is well-connected by major roads like State Road 26 and US-52, facilitating easy commutes. Public bus service through the Greater Lafayette Public Transportation Corporation (CityBus) provides routes throughout the city. Its location offers straightforward access to Interstate 65 for travel to Indianapolis and Chicago.
Why Choose Happy Hollow
Happy Hollow is an ideal choice for those seeking a stable, convenient community near a major university. The combination of a brisk real estate market, access to excellent schools, and a median household income of $46,732 appeals to families and professionals. It offers a balanced lifestyle with the intellectual and cultural benefits of West Lafayette.
Happy Hollow Market Data
| Metric | Value |
|---|---|
| Median Home Price | $259K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $47K |
| Homeownership Rate | 44.0% |
| Renter-Occupied | 56.0% |
| Rental Vacancy Rate | 6.2% |
| Market Type | Balanced |
| Market Tier | Mid-Market |
| Primary ZIP Code | 47906 |
| 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 Happy Hollow, West Lafayette
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Happy Hollow, West 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