La Fayette, AL

Buyer's market+240.5% YoY

Housing market overview · Updated weekly

$315,000median sale price

Homes sold

1

Last 12 weeks

Days on market

51

Average pace

Active listings

4

4.0 months supply

Sale-to-list

87.5%

Below asking

The La Fayette housing market is currently classified as a buyer's market with a median sale price of $315,000. Prices have risen 240.5% compared to last year, with homes spending an average of 51 days on market, indicating 4.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in La Fayette

There are currently 4 homes listed for sale in La Fayette, Alabama.

Active listings

4

Homes on market

Avg. days on market

51

Days until sale

Price drops:50.0%of listings
Sale-to-list:87.5%

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Frequently asked questions

What is the average home price in La Fayette?

The median home sale price in La Fayette is $315,000, up 240.5% from last year.

How long do homes stay on market in La Fayette?

Homes typically spend 51 days on market before going under contract.

Is La Fayette a buyer's or seller's market?

With 4.0 months of supply, La Fayette is currently a buyer's market.

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