Is Lafayette County, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lafayette County is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Lafayette County was a Seller's Market.

Key Takeaway

Lafayette County 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 County, WI

How much do homes in Lafayette County, WI cost?

Median Sold Price

$404,950

$155/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$176,950(+77.6%)

Key Takeaway

Homes in Lafayette County have sold for 77.6% more than they did a month ago.

Summary: The median home sold price in Lafayette County was $404,950 in November 2024, up 77.6% from last month, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $134K$545K
+306.7%
3 $240K$270K
+12.5%
4 $308.2K$424.9K
+37.8%
5+ -$385K
N/A

Summary: Lafayette County housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 306.7%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 37.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Lafayette County
+77.6%
Green County
+34.0%
Iowa County
+1.2%
Grant County
-3.6%

Housing Supply in Lafayette County, WI

How many homes are available in Lafayette County, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5041-18.0%

Summary: The Lafayette County real estate market had 41 homes for sale in November 2024, a 18.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 87
-12.5%
3 3023
-23.3%
4 97
-22.2%
5+ 23
+50.0%

Summary: The Lafayette County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 23.3%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
136-53.8%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lafayette County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Lafayette County in November 2024, down by 53.8% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Lafayette County, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Lafayette County, WI

Nearby Markets to Lafayette County, WI

What housing markets are near Lafayette County, WI?