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Sarah Mitchell

CNESRESABR

Compass Real Estate · Lafayette, IN

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Lafayette, IN(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Lafayette, IN Housing Market & Real Estate

Seller's market+6.6% YoY

Housing market overview · Updated monthly ·

$247,750median sale price

How is the Lafayette, IN housing market right now?

The median home sale price in Lafayette, IN is $247,750, up 6.6% year-over-year. Homes sell in an average of 18 days with 85 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Lafayette a buyer's or seller's market?

Seller's market1.1 months of supply18 avg. days on market

Lafayette, IN is currently a seller's market, based on 1.1 months of supply and homes selling in about 18 days. How we determine this →

Homes sold

76

Last 12 weeks

Days on market

18

Fast-moving

Active listings

85

1.1 months supply

Sale-to-list

99.1%

Below asking

What does the Lafayette housing market data show?

Current housing market statistics for Lafayette, IN
MetricValue
Median sale price$247,750
Median list price$252,000
Year-over-year price change+6.6%
Average days on market18 days
Active inventory85 listings
Months of supply1.1 months
Sale-to-list price ratio99.1%
Median price per sq ft$169/sq ft
Homes sold (latest month)76
New listings (latest month)91
Listings with a price cut45.9%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Lafayette by property type?

How the Lafayette, IN market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Lafayette, IN
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$247,500$169/sq ft7118 days
Condo / Co-op$229,500$177/sq ft284 days
Townhouse$314,000$174/sq ft112 days

Source: Redfin · Updated monthly

The Lafayette housing market is currently classified as a seller's market with a median sale price of $247,750. Prices have risen 6.6% compared to last year, with homes spending an average of 18 days on market, indicating 1.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.1x provides context for how home values compare to local earning capacity.

Homes for sale in Lafayette

There are currently 85 homes listed for sale in Lafayette, Indiana. The median listing price is $252K. Featured listings range from $169,900 to $990,000.

2 bedroom house for sale at 2909 Darby St Lafayette - $169,900
$169,900

2909 Darby St

Lafayette, IN

2 bd1 ba960 sqft$177/ft²
House4,225 sqft lot
View photos & details
3 bedroom house for sale at 216 Eastland Dr Lafayette - $245,000
$245,000

216 Eastland Dr

Lafayette, IN

3 bd2 ba1,376 sqft$178/ft²
House11,761 sqft lot
View photos & details
3 bedroom house for sale at 4100 Homerton St Lafayette - $265,000
$265,000

4100 Homerton St

Lafayette, IN

3 bd2 ba1,357 sqft$195/ft²
House5,227 sqft lot
View photos & details
3 bedroom house for sale at 322 Duke Ln Lafayette - $269,900
$269,900

322 Duke Ln

Lafayette, IN

3 bd3 ba1,352 sqft$200/ft²
House7,405 sqft lot
View photos & details
4 bedroom house for sale at 5 Samuel Ct Lafayette - $275,000
$275,000

5 Samuel Ct

Lafayette, IN

4 bd2 ba1,732 sqft$159/ft²
House28,750 sqft lot
View photos & details
3 bedroom house for sale at 1102 Hornbeam Cir E Lafayette - $300,000
$300,000

1102 Hornbeam Cir E

Lafayette, IN

3 bd2 ba1,351 sqft$222/ft²
House8,625 sqft lot
View photos & details
3 bedroom house for sale at 7650 Summit Ln Lafayette - $324,900
$324,900

7650 Summit Ln

Lafayette, IN

3 bd2 ba1,780 sqft$183/ft²
House25,700 sqft lot
View photos & details
3 bedroom house for sale at 5408 Goldersgreen Dr Lafayette - $359,900
$359,900

5408 Goldersgreen Dr

Lafayette, IN

3 bd2 ba1,872 sqft$192/ft²
House11,326 sqft lot
View photos & details
4 bedroom house for sale at 3603 Donna Dr Lafayette - $389,900
$389,900

3603 Donna Dr

Lafayette, IN

4 bd3 ba2,119 sqft$184/ft²
House20,473 sqft lot
View photos & details
3 bedroom house for sale at 409 Vermont Dr Lafayette - $400,000
$400,000

409 Vermont Dr

Lafayette, IN

3 bd3 ba2,069 sqft$193/ft²
House31,093 sqft lot
View photos & details
3 bedroom house for sale at 4713 S 1075 E Lafayette - $470,000
$470,000

4713 S 1075 E

Lafayette, IN

3 bd2 ba2,199 sqft$214/ft²
House6.53 acres
View photos & details
5 bedroom house for sale at 864 Commodores Cir Lafayette - $990,000
$990,000

864 Commodores Cir

Lafayette, IN

5 bd4 ba4,701 sqft$211/ft²
House29,185 sqft lot
View photos & details

Looking to buy in Lafayette?

Get connected with a local real estate expert — free, no obligation.

Active listings

85

Homes on market

Median list price

$252K

Avg. days on market

18

Days until sale

New this week

91

Newly listed

Price drops:45.9%of listings
Sale-to-list:99.1%

Who lives in Lafayette?

Population

70,650

Median income

$52,946/yr

Median age

33.7 years

Owner-occupied

47.6%

College grads

28.1%

Avg commute

16.1 min

Source: U.S. Census Bureau ACS

What are homes worth in Lafayette?

Zillow home value

$271,084

Zillow rent index

$1,234/mo

Price-to-rent ratio

18.3x

Price-to-income

5.1x

Source: Zillow Research

What is it like to live in Lafayette?

Lafayette is a community of approximately 71K residents with a median age of 33.7 years.The median household income is $52,946, which represents a working-class community with solid middle-income opportunities. 28.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 47.6%, showing a blend of owner and renter-occupied properties. The average commute time is 16.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lafayette offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Lafayette?

26 schools tracked · 14,959 students

The largest public schools serving Lafayette, IN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Jefferson High School

Grades 9-12 · 2,034 students

Public

McCutcheon High School

Grades 9-12 · 1,786 students

Public

Lafayette Sunnyside Intermediate

Grades 5-6 · 1,029 students

Public

Lafayette Tecumseh Jr High School

Grades 7-8 · 1,021 students

Public

Wea Ridge Middle School

Grades 6-8 · 699 students

Public

Wea Ridge Elementary School

Grades K-5 · 613 students

Public

Woodland Elementary School

Grades K-5 · 597 students

Public

Mayflower Mill Elementary School

Grades K-5 · 568 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Lafayette, IN?

Want a head-to-head view? Compare Lafayette side-by-side with any other U.S. city using our market-comparison tool.

Is Lafayette a good real estate investment market?

For investors evaluating Lafayette, the price-to-rent ratio of 18.3x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 6.6% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Lafayette's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Lafayette's median home price.

Frequently asked questions

What is the average home price in Lafayette?

The median home sale price in Lafayette is $247,750, up 6.6% from last year.

How long do homes stay on market in Lafayette?

Homes typically spend 18 days on market before going under contract.

What is the median income in Lafayette?

The median household income is $52,946 per year.

Is Lafayette a buyer's or seller's market?

With 1.1 months of supply, Lafayette is currently a seller's market.

How many homes are for sale in Lafayette?

There are currently 85 homes listed for sale in Lafayette, IN.

What is the Zillow home value estimate for Lafayette?

The Zillow Home Value Index (ZHVI) for Lafayette is $271,084, representing the typical home value in the area.

What is the median condo price in Lafayette?

The median condo/co-op sale price in Lafayette, IN is $229,500, compared to $247,500 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Lafayette?

The median single-family home price in Lafayette, IN is $247,500 (about $169 per square foot).

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