Active Listings
5
— vs 5 last year
Data as of September 2026. Source: Realtor.com.
The LAFAYETTE, MN real estate market (56054) currently shows 5 active listings, with 1 pending sales. Homes are averaging 12 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are selling faster, averaging 12 days on market compared to 75 days last year.
The median listing price has risen 17% year-over-year, from $220,000 to $257,400.
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 September 2026, there are 5 active listings in LAFAYETTE, MN (zip code 56054), compared to 5 the prior year.
The median listing price in LAFAYETTE, MN 56054 is $257,400 as of September 2026, a 17% increase from $220,000 the prior year.
Homes in LAFAYETTE, MN 56054 spend an average of 12 days on the market before going under contract, compared to 75 days the prior year.
Based on current inventory and days-on-market data as of September 2026, LAFAYETTE, MN 56054 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 12 days on market compared to 75 days last year.
With SELL123.com's maximum 3% commission, sellers in LAFAYETTE, MN 56054 save an estimated $5,148 compared to a typical 5% commission on the median listing price of $257,400. 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.