Lafayette, IN metro area Housing Market
Cool 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: January 2026
Median Sale Price
$257K
↓ 6.6% YoY
Days on Market
48 days
↑ 54.8% YoY
Active Inventory
330
↑ 11.1% YoY
Homes Sold
114
↓ 1.7% YoY
Cool Market
Buyer activity is slowing, creating more negotiating room.
Lafayette, IN metro area Market Summary
The Lafayette, IN metro area housing market is cooling down. As of January 2026, the median home sale price is $257K, down 6.6% year-over-year. Homes are spending a median of 48 days on the market, 54.8% longer than a year ago.
There are 330 homes for sale — 11.1% more than last year. With 2.9 months of supply, this is a seller's market. 153 new listings were added during this period, down 6.7% year-over-year.
Homes are selling for 96.5% of their list price on average, suggesting room for negotiation. 7.9% of homes sell above their asking price. 23.6% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
76
Contributing Factors
How This Market Compares
vs. National Median
vs. Indiana Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 39% below the national median, which could indicate stronger cash flow potential.
Lafayette, IN metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Sale-to-List Ratio
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$310K
Price per Sq Ft
$165
Sale-to-List Ratio
96.5%
Months of Supply
2.9
Sold Above List
7.9%
Price Drops
23.6%
New Listings
153
↓ 6.7% YoY
Pending Sales
166
Off Market in 2 Weeks
33.7%
Other Markets in Indiana
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$300K · 53d on market
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$280K · 57d on market
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$245K · 45d on market
Evansville, IN metro area
$215K · 32d on market
South Bend, IN metro area
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Terre Haute, IN metro area
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Elkhart, IN metro area
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Bloomington, IN metro area
$318K · 98d 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.