Lafayette, IN Home Values & Market Trends
Real estate market trends reflect that there have been 2,333 transactions over the past year in Lafayette. The median value for residential home transactions that occurred over the previous year is $232,409.22. The number of current listings in Lafayette is 120, and the percentage of properties for sale in the city is 120.00%. Lafayette, IN currently has 14 properties in foreclosure, 2 bank owned properties, 12 properties headed for auction, and 120 properties for sale.
Lafayette, IN Real Estate Market Overview
Housing Market Summary for Lafayette, IN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $237.9K | $216.6K | -8.94% |
| Median Sold Price | $215K | $216.6K | 0.78% |
| Homes For Sale | 92 | 107 | 16.30% |
| Homes Sold | 754 | 776 | 2.92% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Lafayette, IN
Browse Homes in Lafayette, IN
Lafayette home values range from $20,550 to $23,493,327. The median estimated value of a home in Lafayette is $232,409.22. The median list price of a home is 272,000, and the total count of properties in the city is 32,297.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 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 4 zips within 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 OwnedThe median estimated home value of bank owned homes (REO properties) in Lafayette, IN ranges from the highest value of $169,252 in 47904 to the lowest value of $129,900 in 47909. Bank owned homes and properties account for 0.01% of properties in Lafayette, IN. There are 4 zips within Lafayette, IN; 47904 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions47905 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Lafayette, IN. Auction homes and other auction properties account for 0.04% of all properties in Lafayette, IN. There are 4 zips within Lafayette, IN; of those zips, the median estimated home value for homes going to auction ranges from $234,750 in 47905 to the lowest value of $133,326 in 47905.
Compare Nearby Cities
More Real Estate Resources for Lafayette, IN
Guide for Lafayette, IN
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.
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.
When house prices increase near good school, what options do home buyer have?
Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.