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LAFAYETTE, IN 47905

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

Market Overview

Active Listings
83
⇧ 13.7% vs 73 last year
Pending
28
34% pending ratio
Median Price
$345,000
⇩ 9.2% vs $380,000 last year
Average Price
$378,127
⇧ 2.8% vs $367,832 last year
Days on Market
69
⇧ 19% vs 58 days last year

Market Context

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

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

Market Analysis

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

The LAFAYETTE, IN real estate market (47905) currently shows 83 active listings, with 28 pending sales. Homes are averaging 69 days on the market before going under contract.

Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 69 days on market compared to 58 days last year.

The median listing price has fallen 9.2% year-over-year, from $380,000 to $345,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 83 this year vs 73 last year
  • Days on market: 69 now vs 58 last year

Median & Average Pricing

Year over Year
  • Median: $345,000 (-9.2% YoY)
  • Average: $378,127 (+2.8% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.7 miles — 282 listings ($99,392,528 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47905Lafayette, IN 479050.0 mi83$31,384,541$345,000$378,127
47904Lafayette, IN 479046.0 mi32$7,447,392$225,000$232,731
46058Mulberry, IN 460587.5 mi7$2,516,500$359,500$359,500
47920Battle Ground, IN 479209.1 mi3$936,000$312,000$312,000
47909Lafayette, IN 479099.8 mi85$33,493,485$307,500$394,041
47930Clarks Hill, IN 4793012.8 mi1$140,000$140,000$140,000
47981Romney, IN 4798115.0 mi2$920,000$460,000$460,000
47923Brookston, IN 4792315.6 mi5$2,816,500$474,900$563,300
46035Colfax, IN 4603516.7 mi3$609,000$199,000$203,000
46041Frankfort, IN 4604116.7 mi58$18,648,160$298,950$321,520
47929Chalmers, IN 4792919.3 mi1$240,000$240,000$240,000
47967New Richmond, IN 4796720.0 mi1$141,450$141,450$141,450
46917Camden, IN 4691720.7 mi1$99,500$99,500$99,500

Frequently Asked Questions

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

As of January 2026, there are 83 active listings in LAFAYETTE, IN (zip code 47905), compared to 73 the prior year.

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

The median listing price in LAFAYETTE, IN 47905 is $345,000 as of January 2026, a 9.2% decrease from $380,000 the prior year.

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

Homes in LAFAYETTE, IN 47905 spend an average of 69 days on the market before going under contract, compared to 58 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 January 2026, LAFAYETTE, IN 47905 is currently a Buyer's Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 69 days on market compared to 58 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 $6,900 compared to a typical 5% commission on the median listing price of $345,000. 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.