Lafayette has more homes for sale than a year ago, and most of the city is going under contract more slowly. In October 2026 the median home went under contract in 35, 30 and 26 days across Lafayette's three main areas, and the median sale price from August to October 2026 was $192,000, $301,000 and $309,000 (Indiana REALTORS Housing Hub). Homes sold for 88.5%, 93.0% and 96.4% of their original list price over the three weeks to the week of Oct. 26, 2026. What that means for a seller depends on their price range and their home's condition.
What we analyzed: Indiana REALTORS Housing Hub figures for ZIP Codes 47901, 47904, 47905 and 47909, which cover Lafayette, and Tippecanoe County, August to October 2026, October 2026 and the three weeks ending with the week of Oct. 26, 2026, as published.
Lafayette home prices and days on market
Aug to Oct 2026
- Median sale price
- $192,000 / $301,000 / $309,000
- 47904 / 47905 / 47909, Aug to Oct 2026
- Median days on market
- 35 / 30 / 26 days
- 47904 / 47905 / 47909, October 2026
- Months of inventory
- 2.1 / 3.2 / 2.7
- 47904 / 47905 / 47909, October 2026
- Listings with a price cut
- 60.2% / 61.7% / 55.1%
- 47904 / 47905 / 47909, three weeks to the week of Oct. 26, 2026
Source: Indiana REALTORS Housing Hub, ZIP Code figures as published. Median sale prices are the Housing Hub's three-month figures. A fourth Lafayette ZIP Code, 47901, had 6 sales from August to October 2026 and is left out of the tiles.
Is there more for sale in Lafayette than a year ago?
Yes, in all three main areas. The Housing Hub reports Lafayette in four ZIP Codes, and we compare the three with enough sales to read: 47904, which has the lowest prices, and 47905 and 47909. In October 2026 they averaged 35, 126 and 116 homes for sale, up 7%, 27% and 10% from a year earlier as published. Tippecanoe County averaged 487, up 20%.
That works out to 2.1, 3.2 and 2.7 months of inventory, against 3.1 months for the county. New listings were 15, 48 and 53 in October 2026, down 29% and 26% as published in the first two areas and up 6% in the third. The county had 183 new listings, down 13%.
What do homes sell for in Lafayette?
The median sale price from August to October 2026 was $192,000 across 49 sales in 47904, $301,000 across 106 sales in 47905 and $309,000 across 143 sales in 47909. The Tippecanoe County median for the same three months was $315,000 across 454 sales.
As published by the Housing Hub, the three areas were up 1%, 9% and 11% from a year earlier, and the county was up 5%. Over the 12 months to October 2026 the median was $196,500 on 196 sales, $297,750 on 472 sales and $286,500 on 523 sales, against $309,000 on 1,885 sales for the county.
How quickly are Lafayette homes going under contract?
More slowly than a year ago, except in one area. In October 2026 the median home went under contract in 35 days in 47904, up 17% from a year earlier as published, and in 30 days in 47905, up 58%. In 47909 it took 26 days, down 26% as published. Tippecanoe County was at 38 days, up 46%.
Contracts are down. New pending contracts in October 2026 were 10 in 47904, down 33% as published, 36 in 47905, down 48%, and 42 in 47909, down 7%. The county had 137, down 23%.
How often do Lafayette sellers cut their price?
More than half the time. In the three weeks to the week of Oct. 26, 2026, 60.2% of listings in 47904, 61.7% in 47905 and 55.1% in 47909 had a price decrease, against 58.2% across Tippecanoe County.
Homes sold for 88.5%, 93.0% and 96.4% of their original list price over those three weeks, and the county figure was 94.2%. By our thresholds, at or above 98 percent is a seller's market, 96 to under 98 percent is balanced and under 96 percent is a buyer's market. That is a buyer's market call for the first two areas and a balanced call for 47909. A single price range can read differently. Over August to October 2026 homes sold for 94.4%, 96.3% and 96.9% of asking price, the asking price at the time of sale.
Where we stand on Lafayette price forecasts
Our view at Mark Dietel Realty: We report what happened and what it means for your price range. We do not predict prices. Anyone who tells you exactly where prices will be next spring is guessing.
Your options for selling a Lafayette home
There is more than one way to sell a Lafayette home. We will lay them side by side with your numbers so you can choose.
List on the market
Usually the highest price, if you have time to prepare and show the home.
- A local agent walks through your home
- Recent sales at your price, side by side
- A pricing and preparation plan for your first weeks on the market
Guaranteed sale
For sellers who need to know the home will sell before they make their next move. Conditions apply.
- We agree on the price up front
- Plan your move around a known outcome
Cash offer
Speed and certainty. Sell as-is, on your timeline.
- No repairs or showings
- See how a cash price compares with listing
A cash offer trades price for speed and certainty. If your home is in good shape and you have time, a cash offer usually means taking less. It can make sense when repairs, timing or certainty matter more than price.
Who this may not be right for
You may not need a listing agent if you already have a buyer, you are comfortable pricing from public sold data, and you are ready to handle disclosures, showings, negotiation and closing paperwork yourself, or with a real estate attorney. Many people sell that way. If that is you, we will tell you so.
We are a team: you work with a listing agent backed by inside sales, coordinators and a transaction coordinator. Some sellers want one person for every call, start to finish. If that matters more to you than a team system, a solo agent may fit you better.
Questions Lafayette sellers ask us
How long does it take to sell a house in Lafayette?
In October 2026 the median home went under contract in 35 days in the lowest-priced Lafayette area, 30 days in the next and 26 days in the third (Indiana REALTORS Housing Hub). Closing usually follows the contract by several weeks, depending on the buyer's financing.
Should I wait to sell my Lafayette home?
We report what happened and what it means for your price range. We do not predict prices. Anyone who tells you exactly where prices will be next spring is guessing. The better question is what your plan looks like at today's numbers.
Why does this page show three sets of Lafayette figures?
The Housing Hub reports by ZIP Code, county and township, not by city. Lafayette is covered by four ZIP Codes, so we show the three with enough sales to read and compare them with Tippecanoe County.
Do Lafayette homes sell for their asking price?
Over August to October 2026 homes sold for 94.4%, 96.3% and 96.9% of asking price in the three main areas, the asking price at the time of sale (Indiana REALTORS Housing Hub). The county figure was 96.0%.
More for Lafayette sellers
- Sell your house in Lafayette with Mark Dietel Realty
- Get cash and listing offers on your Lafayette home
- All the ways we help sellers in Central Indiana
- West Lafayette real estate market: home prices and trends
Sources: Indiana REALTORS Housing Hub (data.indianarealtors.com), ZIP Codes 47901, 47904, 47905, 47909 and Tippecanoe County figures as published: median sale price and closed sales Aug to Oct 2026; median days on market, months of inventory, inventory, new listings and new pending contracts October 2026; price decreases and sale price as a share of original list price, three-week average to the week of Oct. 26, 2026. Year-ago changes as published by the Housing Hub. ZIP areas: U.S. Census Bureau. Maps: OpenStreetMap contributors.
This page is general information about the Lafayette market, not an appraisal or a valuation of any specific home.
