University Farm, West Lafayette, IN
University Farm — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for University Farm, West Lafayette, Indiana. Explore the cited sources and local facts below while agent underwriting continues.
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University Farm Neighborhood Overview
University Farm is a residential neighborhood in West Lafayette, Indiana, characterized by its proximity to Purdue University and its namesake agricultural research facilities. The area offers a quiet, suburban atmosphere with a mix of housing styles, appealing to students, faculty, and long-term residents alike. Its location provides a balance of academic energy and residential calm.
Lifestyle & Amenities
Residents enjoy a lifestyle centered around academic and outdoor pursuits, with the Purdue University campus and its cultural events just minutes away. The neighborhood is near the university's agricultural research farms, offering unique green spaces. Daily conveniences, including shopping and dining options, are accessible via a short drive to nearby commercial corridors.
Real Estate Market
The University Farm real estate market features a median home value of $258,800, with a price per square foot around $184.75. Homes typically sell after an average of 64 days on the market, and the homeownership rate is 44%, reflecting a significant rental presence. The median monthly rent is $1,068, catering to a large student and transient population.
Schools & Education
While specific school names are not provided, the neighborhood is served by the highly regarded West Lafayette Community School Corporation, known for its strong academic performance. The defining educational feature is direct access to Purdue University, a world-class research institution. This creates an environment deeply influenced by higher education and innovation.
Transportation & Connectivity
University Farm is well-connected via major roads like State Street and US-52, providing easy access to downtown West Lafayette, Lafayette, and Interstate 65. Public transportation is readily available through the Greater Lafayette Public Transportation Corporation (CityBus), with multiple routes serving the university and surrounding areas. The walkable and bike-friendly campus is a major asset for many residents.
Why Choose University Farm
University Farm is ideal for those seeking a quiet neighborhood with direct ties to the academic and research pulse of Purdue University. The mix of affordable rental options and modestly priced homes for sale accommodates both students and young professionals. It offers a unique blend of suburban living, educational opportunity, and convenient access to a vibrant college town.
University Farm 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 University Farm, West Lafayette
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for University Farm, West Lafayette, IN. Explore the available cited neighborhood data on this page.
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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