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WEST LAFAYETTE, IN 47906

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

Market Overview

Active Listings
137
⇧ 69.1% vs 81 last year
Pending
46
34% pending ratio
Median Price
$475,000
⇧ 7.6% vs $441,500 last year
Average Price
$485,258
⇩ 1.7% vs $493,601 last year
Days on Market
94
⇧ 64.9% vs 57 days last year

Market Context

Population: 73,916  ·  Density: 213.7/mi²  ·  Median household income: $46,732

Typical home value: $262,092  ·  Homeownership: 44.0%

Market Analysis

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

The WEST LAFAYETTE, IN real estate market (47906) currently shows 137 active listings, with 46 pending sales. Homes are averaging 94 days on the market before going under contract.

Inventory has increased compared to last year, with 56 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 94 days on market compared to 57 days last year.

The median listing price has risen 7.6% year-over-year, from $441,500 to $475,000.

Whether you are buying or selling in WEST 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: 137 this year vs 81 last year
  • Days on market: 94 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $475,000 (+7.6% YoY)
  • Average: $485,258 (-1.7% 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 21.0 miles — 311 listings ($123,595,814 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47906West Lafayette, IN 479060.0 mi137$66,480,346$475,000$485,258
47901Lafayette, IN 479016.9 mi7$3,434,550$512,500$490,650
47923Brookston, IN 479239.2 mi5$2,816,500$474,900$563,300
47992Westpoint, IN 4799212.0 mi5$983,335$195,000$196,667
47905Lafayette, IN 4790512.5 mi83$31,384,541$345,000$378,127
47941Dayton, IN 4794113.6 mi3$555,000$185,000$185,000
47975Pine Village, IN 4797514.4 mi1$306,250$306,250$306,250
47918Attica, IN 4791817.1 mi14$3,186,540$163,200$227,610
47995Wolcott, IN 4799519.0 mi2$424,900$212,450$212,450
46923Delphi, IN 4692319.7 mi20$6,058,140$349,450$302,907
47944Fowler, IN 4794419.9 mi21$4,922,652$237,000$234,412
46065Rossville, IN 4606520.2 mi9$2,483,460$299,000$275,940
47955Linden, IN 4795521.0 mi4$559,600$139,900$139,900

Frequently Asked Questions

How many homes are for sale in WEST LAFAYETTE, IN 47906?

As of January 2026, there are 137 active listings in WEST LAFAYETTE, IN (zip code 47906), compared to 81 the prior year.

What is the median home price in WEST LAFAYETTE, IN 47906?

The median listing price in WEST LAFAYETTE, IN 47906 is $475,000 as of January 2026, a 7.6% increase from $441,500 the prior year.

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

Homes in WEST LAFAYETTE, IN 47906 spend an average of 94 days on the market before going under contract, compared to 57 days the prior year.

Is it a seller's or buyer's market in WEST LAFAYETTE, IN 47906?

Based on current inventory and days-on-market data as of January 2026, WEST LAFAYETTE, IN 47906 is currently a Buyer's Market. Inventory has increased compared to last year, with 56 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 94 days on market compared to 57 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WEST LAFAYETTE, IN 47906 save an estimated $9,500 compared to a typical 5% commission on the median listing price of $475,000. 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.