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LAFAYETTE, IN 47904

Real Estate Market Report  ·  Tippecanoe County
Buyer's Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The LAFAYETTE, IN real estate market (47904) currently shows 53 active listings, with 23 pending sales. Homes are averaging 40 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 40 days on market compared to 27 days last year.

The median listing price has fallen 0.6% year-over-year, from $198,700 to $197,500.

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Market Context

Market Context

Population: 16,112  ·  Density: 1,078.8/mi²  ·  Median household income: $44,243

Typical home value: $108,987  ·  Homeownership: 42.7%

Market Overview

Active Listings
53
⇧ 15.2% vs 46 last year
Pending
23
43% pending ratio
Median Price
$197,500
⇩ 0.6% vs $198,700 last year
Average Price
$215,124
⇩ 3.2% vs $222,233 last year
Days on Market
40
⇧ 48.1% vs 27 days last year

Price Per Square Foot

Median $/sqft
$168
⇧ 9.1% vs $154/sqft last year
Median Home Size
1,307 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 53 this year vs 46 last year
  • Days on market: 40 now vs 27 last year

Median & Average Pricing

Year over Year
  • Median: $197,500 (-0.6% YoY)
  • Average: $215,124 (-3.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.8 miles — 183 listings ($63,306,597 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47904Lafayette, IN 479040.0 mi35$7,957,600$213,625$227,360
47905Lafayette, IN 479056.0 mi98$40,667,844$355,475$414,978
47941Dayton, IN 479417.0 mi3$546,000$182,000$182,000
47920Battle Ground, IN 479208.1 mi4$1,184,452$291,225$296,113
47923Brookston, IN 4792312.2 mi6$3,420,000$570,000$570,000
46058Mulberry, IN 4605813.2 mi3$1,106,349$429,000$368,783
47981Romney, IN 4798113.6 mi0$0$367,500$367,500
47929Chalmers, IN 4792916.6 mi1$240,000$240,000$240,000
47955Linden, IN 4795516.8 mi3$615,000$205,000$205,000
47918Attica, IN 4791819.7 mi15$3,224,850$176,600$214,990
47971Oxford, IN 4797120.0 mi7$1,455,034$229,900$207,862
46913Bringhurst, IN 4691320.4 mi4$2,063,068$519,900$515,767
47980Reynolds, IN 4798021.8 mi4$826,400$239,900$206,600

Frequently Asked Questions

How many homes are for sale in LAFAYETTE, IN 47904?

As of September 2026, there are 53 active listings in LAFAYETTE, IN (zip code 47904), compared to 46 the prior year.

What is the median home price in LAFAYETTE, IN 47904?

The median listing price in LAFAYETTE, IN 47904 is $197,500 as of September 2026, a 0.6% decrease from $198,700 the prior year.

How long do homes stay on the market in LAFAYETTE, IN?

Homes in LAFAYETTE, IN 47904 spend an average of 40 days on the market before going under contract, compared to 27 days the prior year.

Is it a seller's or buyer's market in LAFAYETTE, IN 47904?

Based on current inventory and days-on-market data as of September 2026, LAFAYETTE, IN 47904 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 40 days on market compared to 27 days last year.

How much can I save on real estate commission in LAFAYETTE, IN?

With SELL123.com's maximum 3% commission, sellers in LAFAYETTE, IN 47904 save an estimated $3,950 compared to a typical 5% commission on the median listing price of $197,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.