Is Lafayette County, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lafayette County is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Lafayette County was a Buyer's Market.

Key Takeaway

Lafayette County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Lafayette County, WI

How much do homes in Lafayette County, WI cost?

Median Sold Price

$200,000

$111/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$127,450(-38.9%)

Key Takeaway

Homes in Lafayette County have sold for 38.9% less than they did a month ago.

Summary: The median home sold price in Lafayette County was $200,000 in May 2024, down 38.9% from last month, and the median price per square foot was $111.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $172.5K$110K
-36.2%
3 $327.4K$200K
-38.9%
4 $610K$240K
-60.7%
5+ --
N/A

Summary: Lafayette County housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 36.2%, 3 bedroom homes decreased by 38.9%, 4 bedroom homes decreased by 60.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Green County
+9.4%
Iowa County
+7.2%
Grant County
+5.0%
Lafayette County
-38.9%

Housing Supply in Lafayette County, WI

How many homes are available in Lafayette County, WI?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3140+29.0%

Summary: The Lafayette County real estate market had 40 homes for sale in May 2024, a 29.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 911
+22.2%
3 1419
+35.7%
4 57
+40.0%
5+ 33
0.0%

Summary: The Lafayette County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 35.7%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
49+125.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lafayette County, expect to pay close to the asking price. 44.4% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in Lafayette County in May 2024, up by 125.0% month-over-month. Of the 9 sold homes, 22% were sold under asking, 44% were sold at asking, and 33% were sold over asking.

Days on Market for Lafayette County, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

Newest Listings in Lafayette County, WI

Nearby Markets to Lafayette County, WI

What housing markets are near Lafayette County, WI?