Lafayette Housing Market Report May 2025•Chambers County, Alabama

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Housing Prices in Lafayette, AL

How much do homes in Lafayette, AL cost?

Housing Market Conditions

Is Lafayette, AL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Lafayette is a Buyer's Market

Difference Since April 2025

Last month, Lafayette was a Seller's Market.

Insight

Lafayette is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$122,500$128/SqFt
-$77,400
-38.7%

Based on all homes sold in May 2025

Insight

Homes in Lafayette have sold for 38.7% less than they did a month ago.

Summary: The median home sold price in Lafayette was $122,500 in May 2025, down 38.7% from last month, and the median price per square foot was $128.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
Waverly
+39.0%
La Fayette
-36.7%
Lafayette
-38.7%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsApr 2025May 2025Change MoM
1--
N/A
2$187K$180K
-3.7%
3$199.9K$65K
-67.5%
4$380K-
N/A
5--
N/A

Summary: Lafayette housing price by bedroom type for May 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -3.7%. The home price for 3 bedroom homes decreased by -67.5%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does Lafayette, AL compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Lafayette, AL

Housing supply in Lafayette, AL

How many homes are available in Lafayette, AL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
15Last MonthMay 2025
172 months agoApr 2025
-11.8 %
Change MoMApr – May

Summary: The Lafayette real estate market had 15 homes for sale in May 2025, a 11.8 % decrease compared to Apr 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
2Last MonthMay 2025
32 months agoApr 2025
-33.3 %
Change MoMApr – May

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
100
0.0%
223
+50.0%
3108
-20.0%
454
-20.0%
500
0.0%

Summary: Lafayette housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +50.0%. The inventory for 3 bedroom homes decreased by -20.0%. The inventory for 4 bedroom homes decreased by -20.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Lafayette, AL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price2 Homes

Insight

If you're buying a home in Lafayette, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Lafayette in May 2025, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Lafayette, AL

How long does it take to sell a home in Lafayette, AL?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days1 Home

Insight

Many homes in Lafayette are selling fast, if you're buying plan to act quickly.

Summary: During May 2025, 2 homes were sold in Lafayette; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
88 DaysLast MonthMay 2025
7 Days1 month agoApr 2025
+1100.0 %
Change MoMApr – May

Summary: Homes in Lafayette had an average listing age of 88 days in May 2025, up by 1100.0% compared to the previous month.

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Newest Listings in Lafayette, AL

What homes are available in Lafayette, AL?

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Nearby markets

Nearby markets aren't available for Lafayette, AL

Popular Cities with Homes for Sale in Alabama

MLS Disclaimers and Copyright

Based on information from Lee County MLS, Georgia MLS, Montgomery Area Association of Realtors MLS, Columbus Board of REALTORS MLS, and Lake Martin Area Association of REALTORS® MLS for the period 04/01/2025 - 06/01/2025

IDX Listing information provided in part by the Lee County Association of REALTORS® for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © Lee County Association of REALTORS® 2024. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/26/2025, 5:45:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Based on information from the Georgia MLS © 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/26/2025, 5:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Listing Information Copyright 2025 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS®, Inc. All rights reserved. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information being provided is for consumers personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than this broker are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/26/2025, 5:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of The Columbus Board of Realtors. Detailed information on Real estate listings held by firms other than this broker includes the Listing Brokers Firm Name. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/26/2025, 5:45:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Information is deemed to be reliable, but is not guaranteed. © 2025 Lake Martin Area Association of REALTORS®. Prepared by Lake Martin Area Association of Realtors. The information on this sheet has been made available by the MLS and may not be the listing of the provider. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/26/2025, 5:45:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.