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LAFAYETTE, IN 47905

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The LAFAYETTE, IN real estate market (47905) currently shows 109 active listings, with 58 pending sales. Homes are averaging 37 days on the market before going under contract.

Inventory has increased compared to last year, with 28 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 37 days on market compared to 33 days last year.

The median listing price has fallen 8.1% year-over-year, from $389,000 to $357,425.

Whether you are buying or selling in LAFAYETTE, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 41,689  ·  Density: 133.7/mi²  ·  Median household income: $63,072

Typical home value: $200,029  ·  Homeownership: 61.4%

Market Overview

Active Listings
109
⇧ 34.6% vs 81 last year
Pending
58
53% pending ratio
Median Price
$357,425
⇩ 8.1% vs $389,000 last year
Average Price
$427,670
⇧ 11.3% vs $384,248 last year
Days on Market
37
⇧ 12.1% vs 33 days last year

Price Per Square Foot

Median $/sqft
$183
⇧ 5.2% vs $174/sqft last year
Median Home Size
2,190 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 109 this year vs 81 last year
  • Days on market: 37 now vs 33 last year

Median & Average Pricing

Year over Year
  • Median: $357,425 (-8.1% YoY)
  • Average: $427,670 (+11.3% 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 21.1 miles — 289 listings ($106,603,308 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47905Lafayette, IN 479050.0 mi98$40,667,844$355,475$414,978
47904Lafayette, IN 479046.0 mi35$7,957,600$213,625$227,360
46058Mulberry, IN 460587.5 mi3$1,106,349$429,000$368,783
47920Battle Ground, IN 479209.1 mi4$1,184,452$291,225$296,113
47909Lafayette, IN 479099.8 mi97$38,959,662$322,475$401,646
46923Delphi, IN 4692314.2 mi20$6,509,220$349,975$325,461
46913Bringhurst, IN 4691315.1 mi4$2,063,068$519,900$515,767
47955Linden, IN 4795516.5 mi3$615,000$205,000$205,000
47992Westpoint, IN 4799216.7 mi6$1,163,748$194,375$193,958
46929Flora, IN 4692917.6 mi5$1,149,065$232,000$229,813
47970Otterbein, IN 4797019.6 mi7$2,921,800$417,400$417,400
46915Burlington, IN 4691520.2 mi1$450,000$450,000$450,000
47940Darlington, IN 4794021.1 mi6$1,855,500$202,500$309,250

Frequently Asked Questions

How many homes are for sale in LAFAYETTE, IN 47905?

As of March 2026, there are 109 active listings in LAFAYETTE, IN (zip code 47905), compared to 81 the prior year.

What is the median home price in LAFAYETTE, IN 47905?

The median listing price in LAFAYETTE, IN 47905 is $357,425 as of March 2026, a 8.1% decrease from $389,000 the prior year.

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

Homes in LAFAYETTE, IN 47905 spend an average of 37 days on the market before going under contract, compared to 33 days the prior year.

Is it a seller's or buyer's market in LAFAYETTE, IN 47905?

Based on current inventory and days-on-market data as of March 2026, LAFAYETTE, IN 47905 is currently a Buyer's Market. Inventory has increased compared to last year, with 28 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 37 days on market compared to 33 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 47905 save an estimated $7,149 compared to a typical 5% commission on the median listing price of $357,425. 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.