Lafayette, TN

Buyer's market-25.3% YoY

Housing market overview · Updated weekly

$192,450median sale price

Homes sold

2

Last 12 weeks

Days on market

95

Average pace

Active listings

32

16.0 months supply

Sale-to-list

99.3%

Below asking

The Lafayette housing market is currently classified as a buyer's market with a median sale price of $192,450. Prices have fallen 25.3% compared to last year, with homes spending an average of 95 days on market, indicating 16.0 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 Lafayette

There are currently 32 homes listed for sale in Lafayette, Tennessee. The median listing price is $280K.

Active listings

32

Homes on market

Median list price

$280K

Avg. days on market

95

Days until sale

New this week

8

Newly listed

Price drops:31.3%of listings
Sale-to-list:99.3%

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Frequently asked questions

What is the average home price in Lafayette?

The median home sale price in Lafayette is $192,450, down 25.3% from last year.

How long do homes stay on market in Lafayette?

Homes typically spend 95 days on market before going under contract.

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

With 16.0 months of supply, Lafayette is currently a buyer's market.

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