Active Listings
2
⇧ 100% vs 1 last year
Data as of March 2026. Source: Realtor.com.
The LAFAYETTE, MN real estate market (56054) currently shows 2 active listings, with 1 pending sales. Homes are averaging 336 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 336 days on market compared to 44 days last year.
The median listing price has fallen 15.5% year-over-year, from $248,500 to $209,950.
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 March 2026, there are 2 active listings in LAFAYETTE, MN (zip code 56054), compared to 1 the prior year.
The median listing price in LAFAYETTE, MN 56054 is $209,950 as of March 2026, a 15.5% decrease from $248,500 the prior year.
Homes in LAFAYETTE, MN 56054 spend an average of 336 days on the market before going under contract, compared to 44 days the prior year.
Based on current inventory and days-on-market data as of March 2026, LAFAYETTE, MN 56054 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 336 days on market compared to 44 days last year.
With SELL123.com's maximum 3% commission, sellers in LAFAYETTE, MN 56054 save an estimated $4,199 compared to a typical 5% commission on the median listing price of $209,950. 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.