Lafayette, IN metro area Housing Market
Warm MarketComprehensive housing market data for the Lafayette, IN metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$288K
↓ 10.2% YoY
Days on Market
33 days
↑ 10.0% YoY
Active Inventory
370
↑ 25.9% YoY
Homes Sold
186
↑ 15.5% YoY
Warm Market
The market is active with moderate buyer demand.
Lafayette, IN metro area Market Summary
The Lafayette, IN metro area housing market is heating up. As of March 2026, the median home sale price is $288K, down 10.2% year-over-year. Homes are spending a median of 33 days on the market, 10.0% longer than a year ago.
There are 370 homes for sale — 25.9% more than last year. With 2.0 months of supply, this is a seller's market. 267 new listings were added during this period, up 12.7% year-over-year.
Homes are selling for 98.5% of their list price on average, suggesting room for negotiation. 21.5% of homes sell above their asking price. 28.6% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
62
Contributing Factors
How This Market Compares
vs. National Median
vs. Indiana Median
Investor Takeaway
A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 34% below the national median, which could indicate stronger cash flow potential.
Lafayette, IN metro area Market Trends
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Detailed Market Metrics
Median List Price
$325K
Price per Sq Ft
$177
Sale-to-List Ratio
98.5%
Months of Supply
2.0
Sold Above List
21.5%
Price Drops
28.6%
New Listings
267
↑ 12.7% YoY
Pending Sales
247
Off Market in 2 Weeks
55.5%
Other Markets in Indiana
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South Bend, IN metro area
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Bloomington, IN metro area
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Elkhart, IN metro area
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Terre Haute, IN metro area
$175K · 43d on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.