Is Lafayette, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Lafayette was a Neutral Market.
Housing Prices in Lafayette, WI
How much do homes in Lafayette, WI cost?
Median Sold Price
$650,000
$451/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Lafayette was $650,000 in May 2024, up 51.2% from last month, and the median price per square foot was $451.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $418.8K | - | N/A |
3 Bedrooms | $349.9K | $650K | +85.8% |
4 Bedrooms | $500K | - | N/A |
5+ Bedrooms | $430K | - | N/A |
Summary: Lafayette 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 did not change, 3 bedroom homes increased by 85.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Lafayette | $430K | $650K | +51.2% |
Eagle Point | $535K | $580.2K | +8.5% |
Sigel | $660K | $240K | -63.6% |
Housing Supply in Lafayette, WI
How many homes are available in Lafayette, WI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
42 | 55 | +31.0% |
Summary: The Lafayette real estate market had 55 homes for sale in May 2024, a 31.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 7 | 11 | +57.1% |
3 Bedrooms | 16 | 18 | +12.5% |
4 Bedrooms | 13 | 21 | +61.5% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Lafayette 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 57.1%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 61.5%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 5 | -28.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Lafayette in May 2024, down by 28.6% month-over-month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% were sold over asking.
Days on Market for Lafayette, WI
How long does it take to sell a home in Lafayette, WI?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Lafayette; 20% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.