Park Mary Historic District · Photo: Nyttend · Public domain774 homes sold in Lafayette in the last year, at a typical $228K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Lafayette homes are listed.
Every place Lafayette homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Lafayette.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
4% of Lafayette’s sales are condos, at $29K less than a house
708 houses and 32 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 708 sold in 12 months
- Per square foot
- $165IN $148
- Days to sell
- 25
- Sold over asking
- 26%
- Listings with a price cut
- 40%
typical sale · 32 sold in 12 months
- Per square foot
- $157IN $160
- Days to sell
- 29
- Sold over asking
- 19%
- Listings with a price cut
- 50%
Multi-family (2–4 units): 33 sold, typical $254K
Townhouses: 1 sold, typical $314K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at twice the 2016 price
774 sales in the last year, against 1,127 in 2021 and a low of 17 in 2013. The typical sale went from $112K in 2016 to $228K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $250K buys in Lafayette
Check a listing against what Lafayette homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Lafayette are back to pre-pandemic levels, but 55% fewer homes come up for sale
We read every month of Lafayette’s home sales since 2013 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 774 sales.
If you’re buying in Lafayette
- Shop in October. It brings about 85 new listings a month, close to the busiest month, with fewer bidding wars (23% over asking).
- Bid near asking. Buyers paid 98.5% of the list price on average; 25% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Spring brings both the most homes and the most bidding wars
May has the most new listings (about 102 a month), and the most competition: 38% close over asking. October offers nearly as much choice with fewer homes bid up (23%). January has the least competition (19%) but only about 57 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and hotter than Indiana
| Lafayette now | 2017–19 | 2021 peak | IN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 25% | 25% | 45% | 19% |
| Gone within two weeksShare of homes under contract within 14 days | 50% | 2% | 2% | 37% |
| Listings with a price cutShare of homes for sale that cut their price | 39% | — | — | 33% |
| Price paid vs. askingAverage sale price ÷ list price | 98.5% | 98% | 100.5% | 97.7% |
| Days to sellMedian days from listing to contract | 24 | 54 | 42 | 35 |
109 homes for sale on a typical day
That’s 2.3 times the 2013 low (47), 55% fewer than in 2017–19 and well under 2015’s 414.
1 in 3 listings has cut its price
39% in the last year, against — in 2017–19 and 33% across Indiana.
Since 2019, houses are up 72%, condos 24%
A house typically sold for $228K in the last year (708 sales), a condo for $200K (32).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Lafayette ranks 18th of 132 busy Indiana markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Lafayette is one of the state’s hottest markets.
Source: Redfin Data Center, city market tracker, January 2013 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Lafayette home costs about $1,312 a month
Price: Lafayette’s typical sale, last 12 months. Property tax at Lafayette’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Lafayette is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 38.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $228K home, about $1,470 a year.
Taxes vs. neighborsSchools
The schools grade for Lafayette, from test results, graduation and how much students grow.
Schools in LafayetteTypical commute
The average one-way trip to work for people who live in Lafayette.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Wabash Township, Mulberry and Otterbein sell for less a square foot
The busier markets within 25 miles of Lafayette, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Lafayette | 774 | $228K | $163 | 25% | 24 |
| West Lafayette | 219 | $376K | $180 | 12% | 25 |
| Wabash Township | 151 | $162K | $113 | 23% | 42 |
| Dayton | 39 | $301K | $183 | 23% | 56 |
| Battle Ground | 25 | $338K | $169 | 24% | 52 |
| Mulberry | 24 | $221K | $151 | 17% | 41 |
| Otterbein | 23 | $214K | $144 | 26% | 55 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Lafayette, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Lafayette. People who follow the town see it, and so do people comparing Lafayette with their own town. No commission, no listing fee.
Questions about buying a home in Lafayette
What do homes sell for in Lafayette, IN?
774 homes sold in the year to May 2026 at a typical $228K, $163 a square foot. Houses sold for about $228K, condos for about $200K.
Is Lafayette a buyer’s or seller’s market?
A seller’s market: 85 homes were for sale in May 2026 and 76 sold, about 1.1 months of supply. Buyers paid 98.5% of asking on average, and 39% of listings cut their price.
When is the best time to buy in Lafayette?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Lafayette?
About 0.7% of a home’s value a year. On a $228K home that’s near $1,470.
Where can I see homes for sale in Lafayette?
Zillow, Redfin, Realtor.com and Homes.com all carry Lafayette’s MLS listings; the search links above open each one filtered to Lafayette.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).