Is LaFayette, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since July 2021
At the same time last year, LaFayette was a Seller's Market.
Key Takeaway
LaFayette is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
How much do homes in LaFayette, NY cost?
Median Sold Price
$235,500
$131/sqft
Based on all homes sold in the last 12 months.
Difference Since July 2021
Key Takeaway
Homes in LaFayette have sold for 8.5% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Jul 2021 | Jul 2022 | % |
|---|---|---|---|
| 1 Bedroom | - | $200K | N/A |
| 2 Bedrooms | $130.2K | $133.5K | +2.5% |
| 3 Bedrooms | $192.5K | $240.5K | +24.9% |
| 4 Bedrooms | $230K | $220.5K | -4.1%  |
| 5+ Bedrooms | $291.7K | $870K | +198.2% |
Median Sold Price Compared To Nearby Cities
| % | |
|---|---|
| Onondaga | +18.5% |
| Jamesville | +9.8% |
| LaFayette | +8.5% |
| Pompey | +4.0% |
| La Fayette | -6.6% |
How many homes are available in LaFayette, NY?
Number of Homes For Sale
| Jun 2022 | Jul 2022 | % |
|---|---|---|
| 18 | 21 | +16.7% |
Homes For Sale By Bedroom Count
| # BEDS | Jun 2022 | Jul 2022 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Number of Homes Sold
| Jun 2022 | Jul 2022 | % |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in LaFayette, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Average Sale Time
| Jul 2021 | Jul 2022 | % |
|---|---|---|
| 15 Days | 6 Days | -57.8% |
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in LaFayette are selling fast, if you're buying plan to act quickly.
