West Lafayette, IN Home Values & Market Trends

Real estate market trends reflect that there have been 1,037 transactions over the past year in West Lafayette. The median value for residential home transactions that occurred over the previous year is $338,576.33. The number of current listings in West Lafayette is 43, and the percentage of properties for sale in the city is 43.00%. West Lafayette, IN currently has 1 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 43 properties for sale.

West Lafayette, IN Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
47906

$ 351,432

$ 176/sqft

47907

$ --

$ --

Housing Market Summary for West Lafayette, IN

Apr 2023March 2024Change
Median Listing Price$399.9K$317.4K-20.63%
Median Sold Price$299.2K$317.4K6.08%
Homes For Sale5527-50.91%
Homes Sold306281-8.17%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in West Lafayette, IN

West Lafayette home values range from $26,575 to $54,154,984. The median estimated value of a home in West Lafayette is $338,576.33. The median list price of a home is 349,900, and the total count of properties in the city is 13,641.

Foreclosure
There are 2 zips within West Lafayette, IN; within these zips, the median estimated home value for homes in foreclosure ranges from $203,609 in 47906 to the lowest value of $203,609 in 47906. Foreclosure homes account for 0.00% of properties in West Lafayette, IN with 47906 containing 1 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in West Lafayette, IN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within West Lafayette, IN; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in West Lafayette, IN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in West Lafayette, IN. There are 2 zips within West Lafayette, IN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    47906 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of West Lafayette, IN. Auction homes and other auction properties account for 0.01% of all properties in West Lafayette, IN. There are 2 zips within West Lafayette, IN; of those zips, the median estimated home value for homes going to auction ranges from $203,609 in 47906 to the lowest value of $203,609 in 47906.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.32% of residential properties in West Lafayette, IN with 47906 containing 43 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within West Lafayette, IN; homes for sale in those zips, have a range of median values from $895,000 in 47906 to the lowest value of $174,548 in 47906.
    Sold Homes
    The median value for recently sold homes ranges from $1,101,789 in 47906 to the lowest price of $85,750 in 47906. There are 2 zips within West Lafayette, IN. 47906 has 280 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.05% of properties in West Lafayette, IN.

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      Guide for West Lafayette, IN

      Market Reports
      Indianapolis Property Values on the Rise: A One-Year Lookback Of Market Growth
      Market Reports
      Fort Wayne Real Estate Property Values Increase in 2023
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      See More Articles
      Indianapolis Property Values on the Rise: A One-Year Lookback Of Market Growth
      Market Reports|posted 28 February 2024

      The real estate market in Indianapolis, Indiana has shown growth in property values from March 2023 to January 2024, despite a minor dip in properties sold.

      Fort Wayne Real Estate Property Values Increase in 2023
      Market Reports|posted 14 February 2024

      The Fort Wayne, Indiana real estate market showed impressive growth trends in 2023, with property values and prices per square foot showing an upward trajectory, suggesting potential for continued growth.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      Market Reports|posted 17 April 2024

      Tulsa’s real estate market shows sharp seasonal fluctuations, a high turnover rate, and a balance between higher-end and more affordable properties compared to its neighboring cities.

      Recently Listed Homes West Lafayette, IN

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