Active Listings
4
⇧ 300% vs 1 last year
Data as of June 2026. Source: Realtor.com.
The LAFAYETTE, MN real estate market (56054) currently shows 4 active listings, with 1 pending sales. Homes are averaging 48 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are selling faster, averaging 48 days on market compared to 51 days last year.
The median listing price has fallen 21% year-over-year, from $239,975 to $189,675.
Whether you are buying or selling in LAFAYETTE, MN, 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.
Population: 1,005 · Density: 7.2/mi² · Median household income: $90,000
Typical home value: $182,144 · Homeownership: 88.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56054 | Lafayette, MN 56054 | 0.0 mi | 3 | $660,000 | $220,000 | $220,000 |
| 56073 | New Ulm, MN 56073 | 10.1 mi | 36 | $11,559,744 | $299,450 | $321,104 |
| 55335 | Gibbon, MN 55335 | 10.8 mi | 5 | $816,315 | $164,925 | $163,263 |
| 55307 | Arlington, MN 55307 | 17.3 mi | 10 | $2,539,780 | $224,000 | $253,978 |
| 56082 | Saint Peter, MN 56082 | 17.6 mi | 21 | $7,695,114 | $365,450 | $366,434 |
| 56085 | Sleepy Eye, MN 56085 | 20.6 mi | 8 | $1,848,200 | $213,650 | $231,025 |
| 55385 | Stewart, MN 55385 | 21.7 mi | 1 | $176,200 | $176,200 | $176,200 |
| 56058 | Le Sueur, MN 56058 | 22.5 mi | 18 | $7,287,516 | $394,925 | $404,862 |
| 56050 | Kasota, MN 56050 | 24.2 mi | 5 | $2,024,500 | $384,900 | $404,900 |
| 55336 | Glencoe, MN 55336 | 24.7 mi | 14 | $4,690,588 | $342,175 | $335,042 |
| 56266 | Morgan, MN 56266 | 26.8 mi | 5 | $1,003,390 | $240,250 | $200,678 |
| 55342 | Hector, MN 55342 | 27.5 mi | 3 | $771,375 | $202,425 | $257,125 |
| 56001 | Mankato, MN 56001 | 28.6 mi | 107 | $42,479,535 | $319,900 | $397,005 |
As of June 2026, there are 4 active listings in LAFAYETTE, MN (zip code 56054), compared to 1 the prior year.
The median listing price in LAFAYETTE, MN 56054 is $189,675 as of June 2026, a 21% decrease from $239,975 the prior year.
Homes in LAFAYETTE, MN 56054 spend an average of 48 days on the market before going under contract, compared to 51 days the prior year.
Based on current inventory and days-on-market data as of June 2026, LAFAYETTE, MN 56054 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 48 days on market compared to 51 days last year.
With SELL123.com's maximum 3% commission, sellers in LAFAYETTE, MN 56054 save an estimated $3,794 compared to a typical 5% commission on the median listing price of $189,675. 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.