$4,453 Closing Credit*
$375,000
2,096 SqFt
4 Beds
•3 Full Baths
#1587824, Holly Bowe, Listing Office: CB Brenizer/Chippewa
Is Lafayette, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Lafayette has remained a Neutral 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.
Housing Prices in Lafayette, WI
How much do homes in Lafayette, WI cost?
Median Sold Price
$430,000
$189/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since November 2023.
Key Takeaway
The sold price of homes in Lafayette has remained the same since last year.
Summary: The median home sold price in Lafayette was $430,000 in November 2024, the same as last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $222.5K | $153.2K | -31.1% |
| 2 Bedrooms | $310K | $337.7K | +9.0% |
| 3 Bedrooms | $432.4K | $415K | -4.0% |
| 4 Bedrooms | $435K | $492.5K | +13.2% |
| 5+ Bedrooms | $445K | $524.5K | +17.9% |
Summary: Lafayette housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.1%, 2 bedroom homes increased by 9%, 3 bedroom homes decreased by 4%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes increased by 17.9%.
Median Sold Price Compared To Nearby Cities
| Chippewa Falls | $317.4K | $329.9K | +3.9% |
| Lafayette | $430K | $430K | 0.0% |
Housing Supply in Lafayette, WI
How many homes are available in Lafayette, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 53 | 59 | +11.3% |
Summary: The Lafayette real estate market had 59 homes for sale in November 2024, a 11.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 21 | 24 | +14.3% |
| 4 Bedrooms | 17 | 16 | -5.9% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Lafayette housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 9 | +28.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Lafayette, expect to pay close to the asking price. 55.6% of homes here sold near the asking price last month.
Summary: A total of 9 homes were sold or pending in Lafayette in November 2024, up by 28.6% month-over-month. Of the 9 sold homes, 33% were sold under asking, 56% were sold at asking, and 11% were sold over asking.
Days on Market for Lafayette, WI
We’re sorry, we don't have information for this market at the moment
