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US 20 wb in Lafayette, NY (2), July 2023Photo: Mr. Matté (if there is an issue with this image, contact me using this image's Commons talk page, my Commons user talk page, or my English Wikipedia user talk page; I'll know about it a lot faster) · CC BY-SA 4.0
Housing in LaFayette

31 homes sold in LaFayette in the last year, at a typical $337K

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.

Homes sold
31
April 2025 to March 2026
Typical sale price
$337K
median, weighted by sales
Price per square foot
$192
New York $434
Paid vs. asking
104.9%
65% sold over asking
What sold · last 12 months

Houses are 97% of LaFayette’s sales, at a typical $339K

31 homes sold in the year to March 2026.

Houses$339K

typical sale · 30 sold in 12 months

Per square foot
$198NY $321
Days to sell
36
Sold over asking
63%
Listings with a price cut
28%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $247K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than a decade ago, at 2.2 times the 2016 price

31 sales in the last year, against 50 in 2018 and a low of 28 in 2023. The typical sale went from $156K in 2016 to $337K.

Homes soldTypical sale price
012253750$175K$250K$325K$400K2012: 30 sold, typical $141K’122013: 41 sold, typical $198K2014: 41 sold, typical $162K’142015: 44 sold, typical $146K2016: 49 sold, typical $156K’162017: 41 sold, typical $171K2018: 50 sold, typical $173K’182019: 34 sold, typical $189K2020: 47 sold, typical $203K’202021: 50 sold, typical $249K2022: 45 sold, typical $243K’222023: 28 sold, typical $298K2024: 34 sold, typical $278K’242025: 30 sold, typical $335KLast 12 months: 31 sold, typical $337KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $350K buys in LaFayette

Houseat $198 a sq ft
The same money in New Yorkat $321 a sq ft

Is this asking price fair?

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.

What the sales history says · 14 years of sales

Bidding wars in LaFayette are more common than before the pandemic, but 62% fewer homes come up for sale

We read every month of LaFayette’s home sales since 2012 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 March 2026, 31 sales.

If you’re buying in LaFayette

  • Shop in July. It brings about 7 new listings a month, close to the busiest month, with fewer bidding wars (45% over asking).
  • Some room to negotiate. 28% of listings cut their price, about as many as before the pandemic.
  • Expect to bid over asking. Buyers paid 104.9% of the list price on average; 65% paid over.
  • Move fast on good ones. 63% of homes are under contract within two weeks.
Best time to buy

Summer brings both the most homes and the most bidding wars

July has the most new listings (about 7 a month), but June is the most competitive: 54% of June sales close over asking. March has the least competition (30%) but only about 3 new listings.

New listings a monthShare sold over asking
02.557.51020%40%60%Sweet spotJan: 2 new listings a month, 45% sold over asking, 57 days to sellJFeb: 2 new listings a month, 39% sold over asking, 63 days to sellFMar: 3 new listings a month, 30% sold over asking, 154 days to sellMApr: 5 new listings a month, 38% sold over asking, 124 days to sellAMay: 4 new listings a month, 50% sold over asking, 70 days to sellMJun: 5 new listings a month, 54% sold over asking, 57 days to sellJJul: 7 new listings a month, 45% sold over asking, 45 days to sellJAug: 6 new listings a month, 35% sold over asking, 48 days to sellASep: 4 new listings a month, 44% sold over asking, 38 days to sellSOct: 4 new listings a month, 42% sold over asking, 60 days to sellONov: 2 new listings a month, 53% sold over asking, 74 days to sellNDec: 2 new listings a month, 40% sold over asking, 55 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Hotter than in 2021, and hotter than New York

LaFayette now2017–192021 peakNY now
Sold over askingShare of sales that closed above the list price65%30%52%41%
Gone within two weeksShare of homes under contract within 14 days63%32%67%26%
Listings with a price cutShare of homes for sale that cut their price28%29%22%20%
Price paid vs. askingAverage sale price ÷ list price104.9%97%101.9%101%
Days to sellMedian days from listing to contract36732840
Supply

4 homes for sale on a typical day

That’s 62% fewer than in 2017–19 and well under 2014’s 36.

2012: 26 for sale’122013: 29 for sale2014: 36 for sale2015: 27 for sale’152016: 19 for sale2017: 13 for sale2018: 10 for sale’182019: 10 for sale2020: 9 for sale2021: 8 for sale’212022: 7 for sale2023: 4 for sale2024: 5 for sale’242025: 4 for saleLast 12 months: 4 for saleNow
Room to negotiate

1 in 4 listings has cut its price

28% in the last year, against 29% in 2017–19 and 20% across New York.

2015: 20%’152016: 21%2017: 30%2018: 24%’182019: 34%2020: 20%2021: 22%’212022: 23%2023: 40%2024: 36%’242025: 28%Last 12 months: 28%Now

Source: Redfin Data Center, city market tracker, January 2012 to March 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical LaFayette home costs about $2,352 a month

Mortgage
Property tax
Insurance
Rent

Price: LaFayette’s typical sale, last 12 months. Property tax at LaFayette’s 2.1% (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.

Before you buy in LaFayette

Six things worth knowing

7

New listings in July

The month with the most choice. December has the fewest, about 2.

Best time to buy
2.1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $337K home, about $7,130 a year.

Taxes vs. neighbors
C+

Schools

The schools grade for LaFayette, from test results, graduation and how much students grow.

Schools in LaFayette
22 min

Typical commute

The average one-way trip to work for people who live in LaFayette.

Work & commute
Flood

Check 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 hazards
Records

Look 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.

Nearby markets · last 12 months

Nedrow, Onondaga, Syracuse and DeWitt 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.

SoldTypical sale$/sq ftOver askingDays to sell
Syracuse1,022$187K$12053%31
DeWitt248$311K$17859%26
Onondaga196$324K$18658%25
Pompey74$499K$18838%49
Fayetteville56$369K$20557%32
LaFayette31$337K$19265%36
Nedrow25$172K$14352%28

Redfin Data Center, April 2025 to March 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

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, NY?

31 homes sold in the year to March 2026 at a typical $337K, $192 a square foot.

When is the best time to buy in LaFayette?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in LaFayette?

About 2.1% of a home’s value a year. On a $337K home that’s near $7,130.

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).