Is Lafayette, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Lafayette has remained a Seller's Market.
Housing Prices in Lafayette, OR
How much do homes in Lafayette, OR cost?
Median Sold Price
$460,780
$278/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lafayette was $460,780 in April 2024, up 0.2% from last year, and the median price per square foot was $278.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $307K | $340K | +10.7% |
3 Bedrooms | $442.4K | $449K | +1.5% |
4 Bedrooms | $530K | $475K | -10.4% |
5+ Bedrooms | $578.9K | $582.4K | +0.6% |
Summary: Lafayette housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 10.4%, and 5+ bedroom homes increased by 0.6%.
Median Sold Price Compared To Nearby Cities
Dayton-Amity | $453.5K | $469.9K | +3.6% |
Lafayette | $460K | $460.7K | 0.2% |
Housing Supply in Lafayette, OR
How many homes are available in Lafayette, OR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 40 | +11.1% |
Summary: The Lafayette real estate market had 40 homes for sale in April 2024, a 11.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 19 | 22 | +15.8% |
4 Bedrooms | 14 | 14 | 0.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Lafayette housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 15.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 8 | +14.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Lafayette in April 2024, up by 14.3% month-over-month. Of the 8 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Lafayette, OR
How long does it take to sell a home in Lafayette, OR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
80 Days | 51 Days | -36.5% |
Summary: Homes in Lafayette had an average of 51 days on market in Apr 2024, down by 36.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Lafayette; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.