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WEST LAFAYETTE, IN 47906

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

Market Analysis

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

The WEST LAFAYETTE, IN real estate market (47906) currently shows 175 active listings, with 64 pending sales. Homes are averaging 40 days on the market before going under contract.

Inventory has increased compared to last year, with 43 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 40 days on market compared to 30 days last year.

The median listing price has fallen 6.6% year-over-year, from $492,294 to $460,000.

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 Context

Market Context

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

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

Market Overview

Active Listings
175
⇧ 32.6% vs 132 last year
Pending
64
37% pending ratio
Median Price
$460,000
⇩ 6.6% vs $492,294 last year
Average Price
$493,016
⇩ 17.1% vs $594,873 last year
Days on Market
40
⇧ 33.3% vs 30 days last year

Price Per Square Foot

Median $/sqft
$199
⇧ 3.1% vs $193/sqft last year
Median Home Size
2,197 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 175 this year vs 132 last year
  • Days on market: 40 now vs 30 last year

Median & Average Pricing

Year over Year
  • Median: $460,000 (-6.6% YoY)
  • Average: $493,016 (-17.1% 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 21.0 miles — 349 listings ($147,115,831 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47906West Lafayette, IN 479060.0 mi155$77,625,705$474,975$500,811
47901Lafayette, IN 479016.9 mi6$3,445,680$610,000$574,280
47923Brookston, IN 479239.2 mi6$3,420,000$570,000$570,000
47992Westpoint, IN 4799212.0 mi6$1,163,748$194,375$193,958
47905Lafayette, IN 4790512.5 mi98$40,667,844$355,475$414,978
47941Dayton, IN 4794113.6 mi3$546,000$182,000$182,000
47975Pine Village, IN 4797514.4 mi1$314,900$314,900$314,900
47918Attica, IN 4791817.1 mi15$3,224,850$176,600$214,990
47995Wolcott, IN 4799519.0 mi4$479,732$120,000$119,933
46923Delphi, IN 4692319.7 mi20$6,509,220$349,975$325,461
47944Fowler, IN 4794419.9 mi24$5,722,776$232,250$238,449
46065Rossville, IN 4606520.2 mi8$3,380,376$334,975$422,547
47955Linden, IN 4795521.0 mi3$615,000$205,000$205,000

Frequently Asked Questions

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

As of March 2026, there are 175 active listings in WEST LAFAYETTE, IN (zip code 47906), compared to 132 the prior year.

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

The median listing price in WEST LAFAYETTE, IN 47906 is $460,000 as of March 2026, a 6.6% decrease from $492,294 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 40 days on the market before going under contract, compared to 30 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 March 2026, WEST LAFAYETTE, IN 47906 is currently a Buyer's Market. Inventory has increased compared to last year, with 43 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 40 days on market compared to 30 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 $9,200 compared to a typical 5% commission on the median listing price of $460,000. 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.