First American Market Report

Lafayette, OR

Single-Family Homes

First American Title Company | www.firstam.com



Lafayette, OR

Sat Dec 21 2024
This week the median list price for Lafayette, OR is $498,717 with the market action index hovering around 44. This is an increase over last month's market action index of 42. Inventory has decreased to 18. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Lafayette, OR

Sat Dec 21 2024
This week the median list price for Lafayette, OR is $498,717 with the market action index hovering around 44. This is an increase over last month's market action index of 42. Inventory has decreased to 18. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Lafayette market.
Median List Price $498,717
Median Price of New Listings $400,000
Per Square Foot $276
Average Days on Market 96
Median Days on Market 88
Price Decreased 39%
Price Increased 11%
Relisted 6%
Inventory 18
Median Rent
Market Action 44
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
$605,696 2,344 6,500 - 8,000 sqft 4 3 0 0 1 150
$530,540 1,960 4,500 - 6,500 sqft 3 2.5 0 0 0 133
$481,067 1,609 4,500 - 6,500 sqft 3 2.5 0 0 1 14
$434,500 1,622 6,500 - 8,000 sqft 3 2 10 1 2 84