First American Market Report

Lafayette, OR

Single-Family Homes

First American Title Company | www.firstam.com



Lafayette, OR

Tue Oct 15 2024
This week the median list price for Lafayette, OR is $499,960 with the market action index hovering around 43. This is an increase over last month's market action index of 39. Inventory has held steady at or around 21. Click here to stay informed with the Lafayette market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Lafayette, OR

Tue Oct 15 2024
This week the median list price for Lafayette, OR is $499,960 with the market action index hovering around 43. This is an increase over last month's market action index of 39. Inventory has held steady at or around 21. Click here to stay informed with the Lafayette market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Lafayette market.
Median List Price $499,960
Median Price of New Listings $449,980
Per Square Foot $269
Average Days on Market 105
Median Days on Market 119
Price Decreased 76%
Price Increased 24%
Relisted 14%
Inventory 21
Median Rent
Market Action 43
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$620,578 2,366 6,500 - 8,000 sqft 4 3 0 0 0 147
$529,834 2,096 4,500 - 6,500 sqft 4 2.5 0 0 0 147
$479,000 1,609 8,000 - 10,000 sqft 3 2.5 0 1 0 84
$449,980 1,594 8,000 - 10,000 sqft 3 2 1 3 1 94