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LAFAYETTE, IN 47909

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The LAFAYETTE, IN real estate market (47909) currently shows 97 active listings, with 53 pending sales. Homes are averaging 37 days on the market before going under contract.

Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 37 days on market compared to 34 days last year.

The median listing price has fallen 13.4% year-over-year, from $372,500 to $322,475.

Whether you are buying or selling in 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: 43,169  ·  Density: 141.2/mi²  ·  Median household income: $64,328

Typical home value: $182,746  ·  Homeownership: 63.5%

Market Overview

Active Listings
97
⇧ 10.2% vs 88 last year
Pending
53
55% pending ratio
Median Price
$322,475
⇩ 13.4% vs $372,500 last year
Average Price
$401,646
⇧ 9.1% vs $368,001 last year
Days on Market
37
⇧ 8.8% vs 34 days last year

Price Per Square Foot

Median $/sqft
$190
⇧ 9.2% vs $174/sqft last year
Median Home Size
1,895 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 97 this year vs 88 last year
  • Days on market: 37 now vs 34 last year

Median & Average Pricing

Year over Year
  • Median: $322,475 (-13.4% YoY)
  • Average: $401,646 (+9.1% 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 — 303 listings ($107,316,268 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47909Lafayette, IN 479090.0 mi85$33,493,485$307,500$394,041
47901Lafayette, IN 479016.5 mi7$3,434,550$512,500$490,650
47941Dayton, IN 479417.6 mi3$555,000$185,000$185,000
47992Westpoint, IN 479928.0 mi5$983,335$195,000$196,667
47905Lafayette, IN 479059.8 mi83$31,384,541$345,000$378,127
47967New Richmond, IN 4796710.4 mi1$141,450$141,450$141,450
46058Mulberry, IN 4605813.5 mi7$2,516,500$359,500$359,500
46035Colfax, IN 4603514.9 mi3$609,000$199,000$203,000
47920Battle Ground, IN 4792016.0 mi3$936,000$312,000$312,000
47940Darlington, IN 4794016.4 mi4$1,840,900$199,900$460,225
47933Crawfordsville, IN 4793319.8 mi91$26,874,757$245,000$295,327
47990Waynetown, IN 4799020.0 mi3$666,750$222,250$222,250
46071Thorntown, IN 4607121.0 mi8$3,880,000$450,000$485,000

Frequently Asked Questions

How many homes are for sale in LAFAYETTE, IN 47909?

As of February 2026, there are 97 active listings in LAFAYETTE, IN (zip code 47909), compared to 88 the prior year.

What is the median home price in LAFAYETTE, IN 47909?

The median listing price in LAFAYETTE, IN 47909 is $322,475 as of February 2026, a 13.4% decrease from $372,500 the prior year.

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

Homes in LAFAYETTE, IN 47909 spend an average of 37 days on the market before going under contract, compared to 34 days the prior year.

Is it a seller's or buyer's market in LAFAYETTE, IN 47909?

Based on current inventory and days-on-market data as of February 2026, LAFAYETTE, IN 47909 is currently a Buyer's Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 37 days on market compared to 34 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LAFAYETTE, IN 47909 save an estimated $6,450 compared to a typical 5% commission on the median listing price of $322,475. 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.