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West Lafayette Real Estate Market: Home Prices and Trends

West Lafayette home prices, days on market and price cuts for Aug to Oct 2026, and what they mean for your list price.

West Lafayette homes sell for more than the county median but take longer to go under contract. In October 2026 the median West Lafayette home went under contract in 58 days, compared with 38 days for Tippecanoe County, and the median sale price from August to October 2026 was $411,450 against $315,000 for the county (Indiana REALTORS Housing Hub). Homes sold for 94.7% 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 Code 47906, which covers West Lafayette, and Tippecanoe County, August to October 2026, October 2026 and the three weeks ending with the week of Oct. 26, 2026, as published.

West Lafayette home prices and days on market

Aug to Oct 2026

Median sale price
$411,450
Aug to Oct 2026, 130 sales
Median days on market
58 days
October 2026
Months of inventory
3.6
October 2026
Listings with a price cut
59.0%
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.

How long do West Lafayette homes take to go under contract?

Longer than a year ago, and longer than the county. In October 2026 the median West Lafayette home went under contract in 58 days, up 61% from a year earlier as published. Tippecanoe County took 38 days, up 46% as published.

New pending contracts in the month were 40, down 2% as published, while closed sales were 38, down 27%. The county had 137 new pending contracts, down 23%. Homes are not coming under contract as quickly, and a seller should expect a longer wait than the county figure suggests.

Map of Tippecanoe County, Indiana ZIP Codes shaded by median days on market, October 2026. West Lafayette: 47906: 58 days. Other ZIPs: 47901: too few sales; 47904: 35 days; 47905: 30 days; 47909: 26 days; 47920: too few sales; 47924: too few sales; 47930: too few sales; 47941: too few sales; 47981: too few sales; 47983: too few sales; 47992: too few sales.
Median days on market by ZIP Code, October 2026. West Lafayette's ZIPs are outlined. Source: Indiana REALTORS Housing Hub.

What do homes sell for in West Lafayette?

From August to October 2026 the median sale price was $411,450 across 130 sales, compared with $315,000 for Tippecanoe County. As published by the Housing Hub, West Lafayette was up 10% from a year earlier and the county was up 5%. Sales were down 24% as published, and 11% for the county.

Over the 12 months to October 2026 the median was $395,000 on 589 sales, up 3% as published. Over the latest three months homes sold for 95.1% of asking price, the asking price at the time of sale, and the county figure was 96.0%.

Map of Tippecanoe County, Indiana ZIP Codes shaded by median sale price (3-month average), Aug 2026–Oct 2026. West Lafayette: 47906: $411K. Other ZIPs: 47901: too few sales; 47904: $192K; 47905: $301K; 47909: $309K; 47920: too few sales; 47924: too few sales; 47930: too few sales; 47941: too few sales; 47981: too few sales; 47983: too few sales; 47992: too few sales.
Median sale price (3-month average) by ZIP Code, Aug 2026–Oct 2026. West Lafayette's ZIPs are outlined. Source: Indiana REALTORS Housing Hub.

Do West Lafayette sellers have to cut their price?

Often. In the three weeks to the week of Oct. 26, 2026, 59.0% of West Lafayette listings had a price decrease, against 58.2% across Tippecanoe County.

Homes sold for 94.7% 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. Both figures are under 96 percent, so that is a buyer's market call for West Lafayette as a whole. A single price range can read differently.

Map of Tippecanoe County, Indiana ZIP Codes shaded by share of listings with a price decrease, Week of Oct. 26, 2026. West Lafayette: 47906: 59.0%. Other ZIPs: 47901: too few listings; 47904: 60.2%; 47905: 61.7%; 47909: 55.1%; 47920: too few listings; 47924: too few listings; 47930: too few listings; 47941: too few listings; 47981: too few listings; 47983: too few listings; 47992: too few listings.
Share of listings with a price decrease by ZIP Code, Week of Oct. 26, 2026. West Lafayette's ZIPs are outlined. Source: Indiana REALTORS Housing Hub.

How much is for sale in West Lafayette?

More than a year ago. In October 2026 West Lafayette averaged 177 homes for sale, up 25% as published, which is 3.6 months of inventory, up 37%. Tippecanoe County had 487 homes for sale and 3.1 months of inventory.

New listings in the month were 56, down 10% as published, and the county had 183, down 13%. Listings fell while the number of homes for sale rose.

Map of Tippecanoe County, Indiana ZIP Codes shaded by months of inventory, October 2026. West Lafayette: 47906: 3.6 mo. Other ZIPs: 47901: 9.0 mo; 47904: 2.1 mo; 47905: 3.2 mo; 47907: too few sales; 47909: 2.7 mo; 47920: 4.3 mo; 47924: too few sales; 47930: too few sales; 47941: 2.5 mo; 47981: too few sales; 47983: too few sales; 47992: too few sales.
Months of inventory by ZIP Code, October 2026. West Lafayette's ZIPs are outlined. Source: Indiana REALTORS Housing Hub.

Where we stand on West 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 West Lafayette home

There is more than one way to sell a West 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 West Lafayette sellers ask us

How long does it take to sell a house in West Lafayette?

In October 2026 the median West Lafayette home went under contract in 58 days, compared with 38 days for Tippecanoe County (Indiana REALTORS Housing Hub). Closing usually follows the contract by several weeks, depending on the buyer's financing.

Should I wait to sell my West 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.

Do West Lafayette homes sell for their asking price?

Over August to October 2026 homes sold for 95.1% of asking price, the asking price at the time of sale, compared with 96.0% for Tippecanoe County (Indiana REALTORS Housing Hub).

How does West Lafayette compare with the rest of Tippecanoe County?

From August to October 2026 the median sale price was $411,450 in West Lafayette and $315,000 across Tippecanoe County, and in October 2026 homes took 58 days to go under contract against 38 days for the county (Indiana REALTORS Housing Hub).

More for West Lafayette sellers

Sources: Indiana REALTORS Housing Hub (data.indianarealtors.com), ZIP Code 47906 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 West Lafayette market, not an appraisal or a valuation of any specific home.

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